Designed for Excellent Management, Enterprises, LLC
Property Management Consultancy Services and Fees
Property Management Consultancy
(Fees for Rental properties are assessed 10% of monthly rent)
Our standard management consultant contract includes (fees per unit for a standard contract range are $10-$70.00):
> Attending Association Meetings (with 3 days notice) will attend regularly scheduled and annual meetings)
> Prepare sign-in sheets
Association Documents on behalf of BOD:
> Prepare/forward delinquency letters to unit owners, attorney and mortgage companies
> Maintain records of contracts and owners provide access to all involved
> Solicit bids as necessary for day-to-day operations
> Finance/Budget:
> Collect and deposit all fees
> Process association fees
> Where possible forward electronic receipts
> Prepare monthly printout of paid & overdue fees
> At direction of BOD, prepare preliminary & 3yr Projected Annualized Budget
> Prepare checks for BOD (2) for Association Expenses when provided a directive from BOD
> Verify, process and pay all invoices (Association related)
> On a monthly basis, forward financial reports with documentation to Association CPA
> Newsletter:
> Printing (B&W only - color at cost)
> Postage
Administrative and community services:
> Prepare monthly reports for BOD & Officers
> Maintain and file association documents accordingly
> Serve as liaison for BOD and as necessary will serve as political advocate
> Create, update & maintain Association database
> Prepare solicitation to submit bids based on specifications identified by BOD
> Meet with prospective contractors to review specifications
> Meet one-on-one w/unit owners to resolve issues
> Meet w/BOD for purposes of providing status reports
> Receive and resolve maintenance requests in accordance with covenants and bylaws.
> Provide training to Board and residents
> Update Covenants and Bylaws (as necessary)
Crime Prevention:
> Provide an anonymous (D.E.M.’s cost) telephone line for reports of suspected illegal activities
> Work with Police Department in an effort to curtail criminal activities
> Prepare, maintain and provide reports to county police
> Court appearances as necessary
> Legal w/BOD approval:
Delinquency Management:
> Negotiate & prepare promissory notes for overdue fees forward copies to attorney
> Prepare and maintain all payment arrangements of back-owed fees
> Forward 45-day delinquency roster to Association attorney
> Work with attorney as required for court appearance
> Court appearances as necessary
> Where possible locate absentee owners to secure back-owed fees
> Screen and investigate potential renters
> Prepare resale packages
All inclusive contracts (*condos/HOAs only) includes all of the above and (fees per unit contract from $30-$60):
> landscaping contractors
> *painters
> *roofers
> concrete & cement workers; and,
> waste collection