For this market sector we offer the following types of Services:
• No-obligaiton meeting and discussion with the Board
• Preparation of proposal for Property Management
• Preparation of Property Management agreement draft
• Property takeover, introduction, review and reporting
• Plan and identify management strategies
• Provide Board with direction and administrative assistance
• Advise Board on proper operation and procedures
• Review property insurance policy terms, annually
• Maintain records of documents provided by the Board
• Recommend, obtain bids and supervise vendors
• Review Association's service contracts terms, annually
• Supervise maintenance and up-keep of common areas
• Provide 24-Hour emergency response
• Conduct documented inspections of common areas
• Schedule and implement preventative maintenance program
• Identify and implement energy conservation measures
• Organize and supervise execution of required maintenance
• Recommned and obtain vendors and providers service bids
• Screen vendors and evaluate proposed agreements
• Obtain required 1099 info and track vendor insurance
• Track vendor Worker’s Comp insurance compliance
• Obtain Bids for major service and repair contracts
• Inspect quality of completed maintenance or repair work
• Receive, review and authorize payment of approved bills
• Mail monthly Association dues statements to homeowners
• Collect Association dues and make timely bank deposits
• Issue notices and collect late payment and other assessments
• Provide comprehensive quarterly financial reports
• Develop annual pro-forma operating budget
• Receive, approve and pay utility and service bills
• Prepare required 1099 and W-2 forms for vendors and providors
• Establish and maintain individual Association operating bank account
• Track homeowners and vendor activities as required
Value Enhancement
• Significantly reduce operating costs through vendor/service contract re-negotiation
• Evaluate and recommend ancillary income opportunities
Extended Services
• Provide utility auditing and energy conservation retrofitting
• Financing and construction supervision
Reserve Study
• Assist The Board with obtaining proposals for Reserve Studies
Architectural Applications
• Assist Architectural committee with the Architectural process
• Maintain an architectural log
• Work with The Association's Architect.
Annual Budget Preparation
• Annually assist Board of Directors with budget preparation
• Proposed budget is developed through the analysis of the previous year’s expenses and the recommendations of the reserve study.
• Supervisor will meet with the Board to review the proposed budget and make adjustment as per Board's instruction.