PMA Module # 7 How to Get Owners to Embrace your New Management Agreement

Your cover letter, asking your current owners to execute and return your new agreement, is critical. Current owners will be suspicious and many will read it carefully. As we’ve helped managers do this over the past 15 years we’ve discovered eight ways to approach it. This package of documents and training videos will outline eight different strategies you might use to approach your current owners. We’ll address “when” to send them out, “how to respond to questions”, “how to deal with large or multiple family owners’ and other tips you’ll want to consider before you send out your new agreement. Do this just right and you’ll keep your current owners. Do it badly and you’ll lose some of them and create unnecessary chaos.

What you get in Module #7

Eight strategies (and draft letters) to choose from for best results. Training videos addressing exactly how and when to send them out and how to respond to questions. Because we’ve done this for other managers 60+ times we can help you avoid some of the mistakes we’ve seen.

These documents were created and tweaked by attorney Monica Gilroy and Robert Locke RMP, MPM and are usable in all states. Since you don’t sign them they are simply a Housekeeping Document. Always run legal documents by your local attorney before you use them.