MANAGING RELATIONSHIPS
I was a banker from 1975 to 2005
where the perennial buzz word was Relationship Management. Whether you were a
Corporate Banker or an Investment Banker or a Retail Banker, managing
relationships was what you did one way or the other, except if you were a
trader. This concept of managing relationships caught on with other industries
as well. However, in all my years of banking both as a banker and a customer, I
have never had a person who was as good as my best relationship manager. He is a
real estate broker in Hong Kong - David Cheung.
Normally real estate brokers are
a breed apart like the used car salesmen, particularly in Hong Kong. You should
watch the Hong Kong movie Temporary Family to get an idea about the aggressiveness and inventiveness of the
Hong Kong brokers. I have had a woman broker ringing my door bell at mid-night
to make me sign an agreement, so that I did not change my mind next day and
sell to someone else. I have also dealt with real estate brokers in London,
New York and in India. They are all the same.
I met David in the early
nineties. He is a smallish bouncy always cheerful man. He helped me buy, rent out,
manage and sell my properties over the years. He had a cousin who takes care of
the repairs and maintenance. Over the years I introduced him to a number of my
friends and to a person they have been delighted with his services. A friend
still uses him to let out and manage his property even though he is no longer
in Hong Kong.
We sold our last property in
Hong Kong soon after leaving in 2005. David helped find a buyer and arranged
for all the documentation. I flew in for a day, signed the sales agreement (the
whole process took 15 minutes) and left. However, that was not the end of the
relationship.
Almost sixteen years later, even though
he knows that he is not going to get any business from me, both
during Western and Chinese New Year, I get Ecards or emails from David greeting
us and enquiring about our family. Today I received a message expressing his
concern about the Covid situation in India and offering to ship over masks or
anything else we might need. This is the ultimate in relationship management. No
banker can match that or even come close.
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