Within the framework of BAMBI – Circle of Real Estate, an initiative of several property managers has developed a common set of specifications for the property management industry. The aim is to establish united market standards that create transparency between client and contractor and at the same time sharpen the professional image of the property manager.
The service specifications comprise eight property management modules: onboarding, commercial and technical property management, data management and reporting, support for lettings and sales, and finally offboarding and an excursus on sustainability criteria. The individual services are divided into basic services, optional services and special services. This is intended to create a uniform understanding between clients and contractors as to which services are considered standard and which are remunerated as special services.
The service specifications serve as a guide.