Condominium and Homeowner’s Association Management
Condominium Management Services
At Marian Realty Property Management, we strive to provide the highest level of management available. In doing so, we’ve established an elegant level of infrastructure aimed at giving our clients what they want when they want it. Our proprietary management software is state of the art and provides financial reports with great detail. We can offer each association a variety of specialized management functions to suit your needs. Contact us for a proposal.
Financial Management
Each month the Board and all owners will receive detailed financial reports outlining all of the income and expenditures for the current month’s activity at the association. In the report are delinquency tracking and payment updates.
- Budgeting
- A detailed annual budget is central to successful financial management. Marian Realty will review prior year actual expense with current performance to establish a budget that is both fiscally responsible and will properly address outstanding concerns based on a needs assessment.
- Accounts Receivable
- Our owner management software allows us to track all assessments including any special assessment levied, as well as late fees and other fines. Each owner receives a detailed statement of account. We can also collect assessments directly from owner's checking accounts.
- Accounts Payable
- Marian Realty maintains a superior A/P system that ensures your vendors are paid in a timely fashion and in conjunction with any applicable contracts.
Site and Maintenance Management
The most important resale aspect of your condominium or HOA unit is curb appeal. As a Board member your fiduciary responsibility is directly tied to how well your association presents to current residents and future buyers. A well maintained building and common area is the single most important factor in completing a sale.
At Marian Realty, we review all outstanding maintenance issues with the Board and develop a comprehensive punch list and help you prioritize and cost out your upcoming maintenance needs.
As a Board member, you cannot afford to let deferred maintenance accumulate. Let Marian Realty assist you in improving your community for the future.
For Homeowners
As a unit owner you may require additional services such as plumbing, electrical or remodeling. At Marian Realty we have built relationships with qualified, trustworthy vendors and trades people. By contacting Marian Realty you can avoid the hassle of waiting for contractors to call back or falling victim to uninsured or unlicensed vendors. With a trusted professional on your side, your project will go smoothly and to your specifications.
Administrative Management
Administrative management is central to the implementation of effective communication programs. Marian Realty can provide the following services to enhance each volunteer Board member’s experience:
- Meetings – We can plan, coordinate and schedule Board and Homeowner meetings.
- Legal and collection – Marian Realty will pursue outstanding receivables and assist the Board in any legal proceedings, building violations proceedings and court appearances.
- Communications – Marian Realty will handle all communication to the homeowners.