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What's the difference between business management and property management?
The difference between commercial property and residential property is as follows: 1. The clients of different residential properties are mostly owners, that is, the owners of properties; Commercial property mainly serves tenants. Different customers determine different needs and different cores. 2. The service hours are different. Residential properties basically provide 24-hour service, and commercial properties are determined according to the working hours of tenants. The characteristics of residential property and commercial property are different, and the side core of management is also different. 3. Commercial properties different from residential properties are sometimes called investment properties, which refer to those properties that can obtain sustained growth returns or sustained appreciation through operation. This kind of property can be roughly divided into commercial service property and office property. Most of the buyers of this kind of real estate are for the purpose of investment, relying on the income of real estate rental business to recover their investment and earn income, and some of them are for their own use. Residential property refers to buildings with residential functions for people to live in, including residential quarters, single residential buildings, apartments, villas, resorts and so on. Of course, including supporting facilities, equipment and public venues. Most of the buyers of such properties are for their own use, and some of them are rented out to consumers as home investments.
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