Property Management Services

 
Property Management Services

 

Market Analysis

• Analyze Comparable Market Rents
• Determine Availability of Similar Space
• Establish Market Concessions/Amenities
• Compare Market Rents Annually, and Implement Increases in Rents Accordingly


Leasing


• Market All Current and Future Vacant Properties to Minimize Vacancy
• Screen Prospective Residents
• Complete Credit and Background Inquiries
• Conduct Move In and Move Out Inspections
• Pay Referral Fees to the Real Estate Community for Referring Tenants
• Work Closely with Corporate Relocation Offices for Tenant Placement


Tenant Relations


• Make Periodic Interior Inspections with Tenant and Report to Owner
• Establish Regular Communications with Residents
• Process All Requests for Service
• Counsel Residents as Needed


Collections


• Collect All Rents and Other Resident Charges
• Maintain Accounts Receivable Ledgers
• Escrow and Account for All Security Deposits and Disbursements
• Process Evictions When Necessary


Maintenance


• Coordinate and Supervise Repairs Through Homeowner Associations.
• Provide 24 Hour Repair Service
• Shop Prices and Services Competitively
• Inspect Repairs and Services Prior to Payment
• Determine Tenant Charge Backs and Collect to Reduce Cost
• Arrange Warranty Work


Owner Accounting


• Collect All Income and Pay All Expenses
• Make Reoccurring Payments Such as Mortgages and Association Dues *
• Provide Monthly and Annual Operating Statements for Owners
• Analyze Operating Results


Owner Relations


• Maintain Regular Communications with Owners
• Consult with Owners on Large Repairs and All Capital Improvements
• Allow Owner's Input on Rates and Lease Terms
• Publish Informative and Educational Quarterly Newsletter
• Counsel Owners on Insurance Matters


* = Additional charge for this service only.