search engines and directories offer space that companies can purchase for advertising purposes. this process is called .

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04-11-2022
Business

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search engines and directories offer space that companies can purchase for advertising purposes. this process is called .

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qwdeeppink qwdeeppink · Answer 1 · 2022-11-08T09:41:19-05:00

The process of giving space to companies for advertising purposes is called spot leasing.

The process of establishing a contract with a prospective tenant—whether an existing one or a new one—under which the tenant is granted the right to use and enjoy the subject property in exchange for payment of rent is referred to as leasing. In other words, leasing refers to either finding new tenants to fill vacancies or extending current lease commitments. The day-to-day operation of a property is known as management.

Effective marketing increases leasing, but it also need to result in completed renewals and, ideally, tenant recommendations that fill vacancies. Marketing is less necessary when there is a strong leasing and management team.

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