Condo Management
Condominium Management: Expert Services for Your Property
Trust Our Experienced Team to Manage Your Condo Association
Our full service Residential Brokerage at Avenue Home Realty Inc. offers our clientele piece of mind through capable and cost efficient Condominium Management services. With customized services tailored to fit your needs we provide 24 hour emergency support, transparency, strict adherence to Professional Ethics, and impeccable Corporation and Board relationships that go above and beyond the expectations of our clients.
As a Calgary condo management company we help with overall operations, resolution of time sensitive manners, obligations to owners, ensures compliance to by laws, and adherence to legislation.
Professional Condo Management Services
At Avenue Home Realty Inc. we understand the complexity of Condominium Management and the services multi-family sites require. We handle the day-to-day operations, so that you don’t have to.
Whether it’s owner and board member communication, project coordination, investment properties, maintenance, By Law infractions and amendments, reserve fund studies, accounting and financial statements, contract control, or cost effective digital communications, we can manage it for you, all while optimizing the overall financial performance of your site. When you choose Avenue, we ensure the solutions that are right for you
Importance of Reserve Fund Management and Maintenance Schedules in Condo Management
Trust Our Experienced Team to Manage Your Condo Association
Reserve fund management and maintenance schedules are crucial components of effective condo management. A well-maintained property ensures that the value of the building is preserved, while a reserve fund helps to cover unexpected expenses. By establishing and adhering to a maintenance schedule and regularly contributing to a reserve fund, condo management can prevent potential issues from turning into costly problems. With proper planning and management, condo associations can provide a safe, secure, and comfortable living environment for their residents.
Importance of Reserve Fund Management and Maintenance Schedules in Condo Management
Trust Our Experienced Team to Manage Your Condo Association
Reserve fund management and maintenance schedules are crucial components of effective condo management. A well-maintained property ensures that the value of the building is preserved, while a reserve fund helps to cover unexpected expenses. By establishing and adhering to a maintenance schedule and regularly contributing to a reserve fund, condo management can prevent potential issues from turning into costly problems. With proper planning and management, condo associations can provide a safe, secure, and comfortable living environment for their residents.
It is not legally required for condominiums to have a property management company in Alberta. However, it is common practice to hire a management company to handle day to day operations and maintenance of the building.
Hiring a property management company is a decision that should be made by the condominium corporation’s board of directors, after reviewing the specific needs and resources of the community.
Best practices include regular maintenance, inspections, clear communication, rent collection, legal compliance, record-keeping, tenant screening and competent financial management.
A property management company can benefit you in several ways, including time savings, tenant management, legal compliance, property maintenance, financial management and marketing.
Whether a property management company covers repairs depends on the terms of the property management agreement that is in place between the property owner and the management company.
Generally, property management companies will take care of repairs that are considered part of routine maintenance, such as fixing a leaky faucet or replacing a light bulb. They may also be responsible for coordinating repairs with contractors or vendors and ensuring that work is completed to a satisfactory standard.
The cost of property management services varies depending on several factors, such as the type and size of the property, the location, and the level of services required. Contact us today for a free estimate.
Choose the Avenue that's right for you,
We operate as a highly recommended property management company that adheres to the Real Estate Act of Alberta. Our team of experienced professionals provides top-notch services that ensure your property is well-maintained, secure, and profitable. Trust us to manage all aspects of your property, dealing with boards and owners, rental properties and property owners alike.
Our team provides professional condo property management services that ensure your property is well-maintained, secure, and profitable. Contact us today to learn more and schedule a consultation!
• Contract negotiations
• Risk Management
• Monthly Financials
• Operating budgets & special assesments
• Monitoring and managing expenditures
• Contracts & Progress Reports
• Maintenance schedules
• Board meetings nad AGMs
• Detailed management reports
• Managing owner/tenant
concerns
• Tenant/Landlord statements
