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PROFESSIONAL
PROPERTY AND
ASSOCIATION MANAGEMENT
AREM was organized
specifically to provide professional facility management service,
and offers complete property and association management services
including, but not limited to:
- Superbly
crafted (proprietary), court-tested application, lease and security
deposit agreements, written with the property owner and landlord
in mind. All of these documents, although not original in every
detail with AREM were developed primarily in-house, with review
by outside legal counsel.
- Consistent,
timely and well organized reference and credit checks of potential
tenants. Personal interview and assessment of each applicant.
Excellent, attractive and attention-getting advertisements, marketing
brochures and other marketing devices and systems.
- Prompt and
accurate financial, accounting and management reporting. Usually
by the 15TH of the month. AREM can pay all of property related
accounts, or merely deposit or forward a monthly rent proceeds
check to the Owner. Property management accounting performed on
state-of-the-art
computerized system. Every expense may be paid thru the property
management account, including taxes, insurance, repair, maintenance
and note payments, with complete monthly accounting to owner.
- Funds received
and deposited to trust accounts, and accounted for in strict compliance
with the rules of the Colorado Real Estate Commission, and are
subject to audit at any time by the Real Estate Commission.
- Consistent,
well delineated plan of action on any late payments of rental.
On residential units, a 3-day Notice to Pay or Vacate is usually
issued and posted the third day after the rent is due and remains
unpaid. Filing in the La Plata County Court of an Unlawful Detainer
action if no rent paid after sixth or seventh day, unless prior
arrangements made by tenant/management. Tenants are well informed
of collection policies, and late rent is usually not a problem.
Commercial leases are handled in the same general manner, subject
to the terms of the lease and applicable Colorado law. Collections
and/or judgments are pursued vigorously.
- Quarterly
or other periodic property inspections are performed to assure
proper care is being given, and to verify lease compliance (as,
number of occupants).
- Most, if
not all, property management/tenant relations problems have been
encountered and successfully and imaginatively dealt with.
- Maintenance
and repairs required are obtained from conscientious, reasonably
priced subcontractors, with no surcharge or additional cost to
owner above actual costs. Utility accounts placed as "standing
order" contracts to prevent utility interruptions and potentially
costly freeze-ups and other problems.
- Outstanding
record of business and financial management and collections, effecting
improvements and improving image and income (and increasing potential
sales value), and reducing costs for Condominium Associations,
mobile home parks, apartment complexes and other properties managed.
- Expert development,
dissemination and implementation of property "rules and regulations"
for apartment, condo and mobile home complexes.
Sandra Tischaefer,
Broker, is the Owner and President of AREM. She is the current President
of La Plata County Rental Owners and Managers Association (ROMA).
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