What To Look For In Real Estate Maintenance Services Company

When looking for the real estate maintenance services company, it is best to look for a company that offers full-service property management services. The company must have a reliable and experienced team of professionals that can provide a wide array of services to ensure that it is hassle free and easy to maintain and keep a track of the property.

 

If you are confused what to look for in the real estate maintenance services company here are few things to look for:  

 

  1. Property management: The company should be able to provide custom designed administrative services to the clients. The team of the company should work in close association with the boards and even attend monthly and annual board meetings to provide the necessary support and information. The company should also maintain a current file of all legal documents, including the public reports, declarations, house rules, blueprints, and by-laws.

  2. Financial and accounting: The company that you choose should offer comprehensive financial and accounting services. The company should collect the rent and deposit it in your account expeditiously. The company should send notices to the owners who are in arrears and try to collect the dues or pursue payment through collection agencies or any other board-approved methods.  The company should use a centralized accounting system that records tax documents, statements, and additional financial information organized nicely.

  3. Sales and leasing: The real estate maintenance services company must support the clients in all aspects related to sales and leasing. The company should give the individuals and boards the necessary services to ensure that the transfers and sales go smoothly. It include maintenance of co-op forms and document and legal services.

  4. Legal services: The company should have an in-house team of licensed experts to ensure timely legal guidance services. The company’s legal team should make special efforts to stay on top of real estate changing laws and regulations and be prepared for the changes on filing rules, local laws and more.

  5. Routine inspections: The company should offer routine professional inspection of the property from both outside and inside to ensure tenants are complying the terms of the lease and assess the condition of the property. Also, the company should conduct move-in, move-out and periodic inspections. The photographs and documentation of these inspections can help the individuals or boards decide on the needed repairs and maintenance.

  6. Marketing and advertising: For each day the property is lying vacant, it is a loss. The company should offer comprehensive marketing and advertising services to ensure that the property is not empty for long. The team should respond timely to the inquiries and give all the necessary details about the property to show it in the best light.

  7. Full leasing services: The company should manage the lease signing with the tenant, use the prepared lease and also ensure that the contract is executed correctly. Also, the rent, fees, and deposits are collected as per the local regulations and carefully recorded in the online account.

"In Business, I Look for Economic Castles Protected by Unbreachable Moats" - Warren Buffett

626 Washington Street | Hoboken, NJ 07030

© 2019 CastlePoint REI, All Rights Reserved