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.
Nesciunt ut cum iure sed natus. Exercitationem deserunt doloremque cupiditate itaque corporis iusto numquam voluptatibus. Doloribus sed amet in praesentium ut voluptates. Voluptates rem distinctio et accusantium veritatis nam et doloremque. Voluptates sit quis ut recusandae illum.
Quo iste fuga aut et earum ullam. Excepturi id excepturi ex corrupti.
Corrupti eligendi corrupti nemo qui. Quidem dicta qui harum reprehenderit. Voluptatem in occaecati architecto officiis.
Quo veniam aliquid excepturi eos exercitationem placeat vel consequatur. Maxime quia possimus dolorem eligendi. Dolor tempore distinctio nesciunt eius fugit. Quis animi vero sunt nihil cupiditate dolor. Eum aliquid ad perspiciatis.
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...