物业管理英语课程PropertyManagement
物业管理英语课程PropertyManagement 物业管理英语第一讲：Property Management Property management is the process of overseeing the operation and maintenan ce of real property to achieve the objectives of the property owner. Sometim es owners manage their own property, particularly small properties and parti cularly when they themselves occupy part of the space. But for larger proper ties or those whose owners live at a distance, management is usually perfor med by a paid property manager, either an individual buildings on long- term leases, where tenants maintain the building, pay the taxes and insuranc e, and mail the owner a check each month. But most residential, office, retail, and many industrial properties offer services along with the space over tim e. Property management has long been an underrated function in the real estate industry. The need for professional management did not become apparent unti l the depression of the 1930s, when numerous foreclosures revealed a pattern of management deficiencies. This oversight might seem strange, since runni ng a large commercial or residential project in which hundreds or thousands of people reside or work is a highly challenging task, calling for training, good judgment, variety of technical skills. Traditionally, however, emphasi s in the real estate industry has been on the so permanent elements of the i nvestment-good location, construction, and reasonable long-term financing- than on the day-to- day operation of the property. It has sometimes seemed as if a property own er, having made a very large investment in the permanent structure, assumed that the property would run itself with a minimum amount of supervision. This concept of property management has changed substantially in the past de cade. In an era of rising costs, it has dawned on owners that good property management is the major controllable influence on residual cash flow (i. e., the number of dollars that end up in the owner’s pocket). It is true that b oth rent rates and operating expenses are largely shaped by market forces be yond the control of any one property owner (witness the very sharp rise in e nergy costs in the 1970s). But it is also true that comparable properties wi thin the same geographic area often show significant variances in rental inc ome and operating costs. Why? Close inspection often shows that “above- average” operating expenses and lower than average rent levels result from i nadequate property management. The classic mistake of the stock and bond investor moving into real estate i nvolves underestimating the importance of management. Some investors have th e feeling that real estate manages itself. There is a story about the importance of property management. A San Francisc o real estate broker recently noticed a project that was on the market for $ 1 million. He knew how the property had been managed in the past and that th e million dollar valuation was based on a capitalization of historic income figure. He borrowed money to buy the property, renegotiated certain leases, and established more efficient operating procedures. In six months he sold the property for $1.4 million based on the capitalized value of the new, hig her net income. His contribution was management expertise. Useful Expressions: at a distance 在远处 along with 和，同，与……一道；加之 call for 需要；要求 rather than 而不是 dawn on 开始（被人）理解，渐渐（使人）明白 end up 结束，结尾；停止 result for 由于，是……的结果 be based on 基于；以……为根据 Notes: 1. Property management is the process of overseeing the operation and mainte nance of real property to achieve the objectives of the property owner. 此句中，动词不定式to achieve the objectives of the property owner作目的状语。 property management物业管理 real property 房产 property owner 业主 2. …or those whose owners live at a distance, management is usually performe d by a paid property manager, either an individual or a management firm. 此句中，关系代词whose在定语从句中充当定语，该定语从句修饰指示代词those. Either…or表示选择，可以连接两个并列的词、词组或独立分句。在此句中，either…or 连接的成分是a paid property manager 的同位语，作进一步的解释。 3. there are exceptions…buildings…，where tenants maintain the building on a long-term leases, pay the taxes…。 此句中，关系副词where在定语从句中作地点状语，由它引导的定语从句修饰buildings . on a long-term leases意为“长期租赁”。 4. Property management has long been an underrated function…。 Long在此句中是副词，作时间状语，underrated是过去分词，作function的定语。 5. not…until意为 “直到……才”。例如： The baby did not go to bed until his mother came back home. 6. …since running a large commercial or residential project in which hundred s or thousands of people reside or work is a highly challenging task…。 此句中，关系代词which在定语从句中作状语，由其引导的定语从句修饰project, high ly修饰challenging,意为“非常地”。 a highly challenging task 意为“非常具有挑战性的任务”。 7. …as if a property owner, having made a very large investment in the permanent structure, assumed… 在此句中having made a very large investment in the permanent structure作后置 定语，修饰a property owner。该短语是过去分词的完成时形式，表示其动作发生在谓语动词之前。 例如： The idea, having been put forward by Tim, aroused much objection among the students. 8. in the past decade在过去的十年里 9. the major controllable influence on residual cash flow剩余现金流量的主要可 控制的影响因素 10. beyond the control of any one property owner任何业主都控制不了 11. “above-average” operating expense超过一般水平的运营开销 12. lower than average rent levels 低于一般租金的租金水准 13. Some investors have the feeling that real estate manages itself. 此句中，that引导的同位语从句修饰feeling, feeling意为 “感觉，预感”。 14. on the market (商品)上市 15. in six months 意为 “六个月后”。在有介词in引导的时间状语的句子里，其谓语时 诚用将来时，例如： I will pay the bill in a week. 一个星期后我付帐。 物业管理英语第二讲：Properties Requiring Management The level of management a property needs increases with the level of service s and with the frequency that tenants turn over. Some examples of ddifferent managerial responsibilities and problems follow, organized by type of space. To the extent that property management involves tenant relations, residentia l properties present the greatest challenge. The space leased by the residenti al tenant is “home”, where the tenant and other family members spend a substant ial amount of their free time and the rent for which may represent the tenant’s largest single financial obligation. Consequently, the residential tenant expects a well- run property, with services and utilities available as promised at rents kept as low as possible (among other reasons, because residential rentals are not tax deductible as are business rentals). On the other side of the coin, one or two bad tenants in a project can be a continuing source of vexation to the property manager and to the other tenants. The relatively short term of a residential lease means that the property manager is under continual pressure to maintain a high renewal rate in order to avoid vacated units that must be repainted, repaired, and re- leased in as short a time as possible. A property that is theoretically fully rented may, nevertheless, lose a substantial amount of rental income if turnover is very high and more than a few weeks elapse before each new tenant moves in. Among the types of residential properties are (1) apartments, (2) condominiu ms and cooperatives, and (3) single-family homes. The personal relationship between manger and tenant can be crucial to mainta ining high occupancy. Turnover of tenants results in higher operating expenses and lower rentals collected. Asking fair rents and responding to tenants’ needs (e. g., maintenance and repairs) are often the most important variable s in successful apartment management. The least involved homes. The owner may have moved rental of single-family homes. The owner may have moved away for business or other reasons with the intention of returning at a later date to occupy the house or may be holding the property as an investments. In either case, the owner retains a local agent to collect rent, pay real estate taxes and debt service, and handle any problems that may arise. This type of management is frequentl y performed by real estate brokers, who charge a fee equal to a percentage of each month’s rent. Useful Expressions turn over 转变，转换，转作它用 to the (such an ) extent that到……程度，如此……以至于 move in 搬入（住宅）；使（某人）搬进 respond to 回应，反应 be similar to 与……相似 deal with 处理 argue for 赞成 hold down 压低，控制 Notes: 1. ……with the level of services and with the frequency that tenants turn over. 此句中，两个with引导两个伴随状语意为“随着”。例如： The air pressure varies with the height, and the water pressure, with the depth.气压随着高度变化，水压随着深度变化。 2. by type of space 依据空间种类 3. …where the tenant and other family members spend a substantial amount of their free time and the rent or which may represent the tenant’s largest single financial obligation. 此句中，关系副词where引导一个非限定性的定语从句，修饰home一词。而且在该从句 中还含有一个定语从句，由关系代词which充当介词for的宾语，其先行词是rent， 该词由定语从句for which may represent the tenant’s largest single financial obligation修饰。 4. a well-run property 经营得好的物业 5. … with services and utilities available…在此短语中available作后置定语，意 为“可以得到的服务设施”。 6. as low as possible 尽可能低 7. …because residential rentals are not tax deductible as are business rentals… 在此句中，as 承接前面的句子，意为“像……一样”，as引导的从句主谓倒装。例如： He plays football, as does his uncle. 他和他叔叔一样会踢足球。 8. on the other side of th...
物业管理英语课程PropertyManagement