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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.

 
 
 

 

Coldwell Banker Commercial MECA