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Review
Know exactly what you're paying for.
- Maintenance agreements
- Escalation clauses
- Automatic renewals
- Coverage and exclusions
- Invoices
- Repair proposals
- Modernization proposals
- Overtime and callback charges
Property managers are handed complicated elevator agreements — pricing increases, exclusions, renewals, overtime charges, response requirements, modernization proposals and ongoing maintenance obligations.
Signing a better contract is only part of the problem. Someone also has to make sure the elevator company actually follows it. That's the work Thrive does, every month, on your behalf.
You have professionals managing your legal agreements, insurance, accounting and major vendors. Your elevator contracts deserve the same level of oversight.
Know exactly what you're paying for.
Put an elevator expert on your side of the table.
Make sure the agreement actually gets honored.
Every one of these started as a proposal or invoice a property was about to pay. Thrive checked it against the agreement first.
Figures above are Thrive's own published client case studies. Individual results depend on your equipment, your current agreement and your market.
"Thrive renegotiated our agreements for meaningful savings, added new contractual protections, and now serve as our enforcement layer day-to-day. Invoice issues, service escalations, complex problems — Thrive handles it so our teams don't have to. It's expertise and focus we simply didn't have in-house, and it's made a measurable difference across our portfolio."
"What sets Thrive apart from other elevator consultants is their operating model and their dedication to it; they only profit when they find and implement savings for their customers… They have the experience and know how to craft the language of elevator service agreements to put the owners back in control. With no up-front or other hourly costs, the decision to work with Thrive is a real no brainer!"
"Dealing with elevator companies has always felt like a game of Monopoly where you're not allowed to buy more than 1 property per side and no railroads … the rules are set up so they win. Most companies don't have an elevator expert on staff so we really are at the mercy of these large companies… Working with Thrive has been a game changer for us."
This isn't a pitch meeting. It's an elevator contract expert reading your agreement out loud to you.
Your current elevator maintenance agreement(s) and a few recent invoices. That's all we need to get started — most clients spend under two hours on the entire onboarding.
We profile the key business terms, exclusions, liabilities, labor rates, current equipment, expiration dates and advance-notice windows — then compare them against what your market and portfolio should be getting.
You get a straight read on what you're in and what we'd change. Thrive has no authority to accept or reject anything on your behalf — every decision stays yours.
There isn't one — and the agreement is built so there can't be.
No. You are in complete control at all times. We can only secure proposals on your behalf. Throughout the process, you retain sole decision-making authority.
A typical engagement results in lowering the overall elevator spend by 25–40% or more. This is achieved through renegotiating agreements to market rates, using Thrive's Master Service Agreement with significantly enhanced protections (reduced labor rates, overtime and obsolescence controls, and more), and via Thrive's team auditing repair invoices and managing repair proposals.
We are generally able to renew and improve existing agreements years in advance. Looking across your portfolio and the other portfolios we represent, we're often able to identify opportunities to show providers the potential for added value and, in some cases, risks they'd like to avoid.
Many owners find they don't have the time or experience to manage the agreements and providers, particularly across a portfolio of assets. It's challenging to review existing business terms and exclusions in order to line up proposals from a variety of providers — and daunting to facilitate a provider change-out if that's in the property's best interest. Having a dedicated expert working on a contingency basis saves time, avoids costly mistakes, and gives you the control you need.
Enrolling takes less than two hours for the average client. We then do all the work behind the scenes and present properly prepared, vetted "yes or no-go" decisions — each proposal grouping takes under an hour for you to review and approve.
Thrive Elevator Advisors was founded by former senior elevator and property management executives with 50+ years of combined experience. We're a nationwide firm that exclusively represents property owners — never providers — and we work only on portfolios of properties, which is where our leverage comes from.
Pick a 20-minute slot that works for you. Bring your current agreement — or just bring the questions. There's no cost, and nothing changes unless you decide it should.