PROPERTY MANAGEMENT PROGRAM
In whatever area of Real Estate you find yourself, we can
provide the quality service you deserve to maintain your Property Values, utilizing the
1. Set-up, Opening and Post Construction
As managers, we would be responsible for providing the
necessary organizational services to prepare the building for full operation. The
categories involved in this are:
Establishing an initial operating budget based on market
analysis and internal criteria.
Negotiating and implementing all service contracts
necessary to operate the building such as landscaping, waste removal, etc.
Arranging all necessary insurance policies.
Arranging for a local person, on call, to respond in the
event of minor problems or emergencies.
Arranging for move-in co-ordination and tenancy or
2. Ongoing Operation and Maintenance
As managers, we would oversee the ongoing operation and
maintenance of the building. These services include:
Co-ordination regular monitoring of all the building
systems and all obligations of service contractors.
Contracting for any repairs be it minor, major or
Arranging for the performance of all covenants, duties
and obligations of the occupant and conducting regular visits.
Arranging for supply of any utilities such as
electricity, gas or water as required under any agreements.
Supervise that all services required to operate the
building are being provided in a cost effective manner.
3. Reporting and Financial Functions
As managers, we would be responsible for all reporting
functions as follows:
Preparing annual operating budget at the beginning of
each year and adjustment calculation for the previous year's costs with reports to the
owners and/or tenants.
Preparing financial statements on a regular basis.
Collection of rental income or Condominium fees to be
used for payments of all costs related to operating and maintaining the property.
4. Extra Services
These services the manager would provide on an "as
required" basis subject to prior approval, when an unusual event occurs such as
preparing Reserve Fund Studies, dealing with litigation or any other non-routine services.
5. Fees for Services
Set-up Opening and Post Construction: This
is usually a fixed fee, negotiated dependant upon the services required and the size of
Ongoing Operations and Maintenance: This is
an annual fee, recoverable from the occupants within their operating or common area cost
chargebacks often expressed as a Percentage.
Extra Services: This fee is usually based on
the current hourly rate of property management personnel as required plus an override on
the cost of any materials purchased in association with these services.
A more detailed breakdown of these can be provided on