Operating and running property is similar to running a corporation. A fundamental piece of every corporate system is a strong administrative department to keep everything on track and at optimal functionality. It is wise to hire and utilize administrative services from a property management company because of the volume of the work that goes into maintaining high quality buildings and communities.
When you add administrative services, you will quickly see the benefits for your company. Professional groups will develop and maintain a filing system to organize and file the Association’s documents and official records. This includes anything from owner files, contracts, insurance policies, claims, and more. Another important area administration manages is property insurance. Professional groups will gather and relay information to providers in order to get the best quotes and policies for you. They will also handle any claims if any issues arise and require assistant. Policy Development along with Sales and Leasing is a critical component of your property that must be professionally managed.
Property management companies such as ours will keep up to date on any legislative, state, or financial changes that pertain to association rules and make sure that the property is in compliance with all laws. Administrators will also assist with processing new lease and sales contracts, then file the documents for you. Often, the group will coordinate and attend any association or board meetings, and represent you! They will take minutes, and distribute them to all involved parties. Property managers will also prepare a monthly management report that will summarize current issues, changes, projects, and raise awareness on upcoming information or events.
These are just some of the important roles that administrative services take on when managing your property. National Property Management Group is the most experienced and trusted group in Santa Clarita and surrounding areas. Each property has unique needs so make sure to schedule an appointment or call us for more information!
National Property Management Group
28009 Smyth Drive
Valencia, CA 91355