It’s funny, Wiki defines property management such as condominium and townhouse management services as follows:
Property management is the operation, control, and oversight of real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business.
Property management is also the management of personal property, equipment, tooling, and physical capital assets that are acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition.
That’s great for a generalist in property management, but not for someone who is a specialist in condominium and townhouse management services. Ask yourself if your condominium and townhouse management services is really doing all of that.
But Wiki doesn’t stop there, it talks about roles; roles essential in condominium and townhouse management services
So, what does Wiki say the roles are in property management by a condominium and townhouse management services group?
1. The full and proper screening or testing of an applicant’s credit, criminal history, rental history and ability to pay.
2. Lease contracting or accepting rent using legal documents approved for the area in which the property is located.
3. Mitigation and remediation regarding any maintenance issues, generally within a budget, with prior or conveyed consent via a Limited Power of Attorney legally agreed to by the property owner.
4. Maintaining necessary records for tax and legal purposes.
A little vague huh? In fact, realistically, this doesn’t come close to outlining all the services you expect from your condominium and townhouse management services group, does it? But it may be all you are getting if you are using a generalist for your condominium and townhouse management services.
What should you expect from a condominium and townhouse management services group?
First, you should expect everything above, but not delivered by one or two individuals trying to be all and wear all the hats, resulting in a limited knowledge in anything in particular. Look for a professional condominium and townhouse management services group like RISE. This simple secret is what sets RISE literally above all the rest:
CONTENT KNOWLEDGE IN ALL AREAS BY INDIVIDUALS WHO ARE SPECIALIST IN THEIR AREA OF EXPERTISE RELATING TO CONDOMINIUM AND TOWNHOUSE MANAGEMENT SERVICES!
Wow, what a concept! RISE will not send the maintenance guy to represent you in a civil case in court; they won’t have a customer service representative do your tax return. Very simply, RISE has tooled their company for your success by staffing with every known professional needed to effectively and efficiently act as a condominium and townhouse management services group. Why would you want a generalist when you can have RISE, the specialist?
Want to know more about comprehensive condominium and townhome management services by a specialist, explore RISE today by visiting riseamg.com or request a quote by contacting RISE at (713) 936-9200 or [email protected]. RISE, the condominium and townhouse management services group that increases your condominium/townhome value and living experience daily.
