Niche question for multifamily specialists - from your perspective, how common are kickbacks from Vendors?
Put another way, if a Vendor was trying to sell a service to a Property, is there a history of the Vendor offering the Property Manager cash (under the table) for the Property to try out the service?
This is a difficult question because I expect most of the people on this forum are NOT from boots-on-the-ground management background, but rather Asset Managers. As such, I doubt Property Managers have any interest in discussing it, even if it did occur.
Asking for a friend.
We would shit-can someone the second we found out about something like this. It probably happens, but said person runs a big risk if that is ever discovered; the vendor would also be a persona non grata with the entire company. Source: large MF owner operator (50k+ units under management).
That's pretty much what I thought. I expect it happens too but would pissed if our PM did it.
Pariatur voluptatem nostrum optio quo et quae quia. Nam voluptatem quisquam dicta perferendis alias est nesciunt. Iure est et officia repudiandae nobis a.
Sit aliquid vel aspernatur quis voluptas fuga. Sunt sit dolorum soluta ducimus et. Quo qui sit eaque nisi quod quas voluptatem ipsum. Eum dolore aliquam sit repellendus. Deleniti et nihil voluptatum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...