CONDOMINIUM ASSOCIATION MANAGEMENT SERVICES
Offering “Green Management”
Avesta Management offers unparalleled dedication to attention and an unrivaled depth of experience; essential components in successful property management. Each future Client is treated with exceptional personal attention, that is maintained throughout the management relationship. By evaluating the strengths and distinctive characteristics that define your community, our many services can be customized to meet each Association’s needs. Innovative ideas, creating policies and procedures to ensure superior services, often result in increased property values and cost reductions. Avesta has also pioneered remarkable collection methods, providing unsurpassed results, while producing a source of revenue for the Association.
Our regional focus has been key to our clients’ success. We manage properties in Wayne and Oakland Counties, and possess unique, in-depth knowledge of each property and its local market. This concentrated focus provides our clients with valuable marketing insight into the neighborhoods and communities surrounding each of their properties. The close proximity of our clients’ properties facilitates our comprehensive, hands-on management approach.
Avesta specializes in turning around troubled Associations and has an impressive track record of success. We are unrivaled in utilizing cost effective measures, excelling in reducing expenses while increasing services. Our expert understanding of Master Deeds and By-Laws, enables Avesta to offer competent guidance to Board Members, keeping Associations away from complicated situations.
WE BELIEVE IN CUSTOMER SATISFACTION Our Customer Service team is always there to assist you.
Our Staff Includes:
- Property Management Specialists
- Certified Public Accountants
- Fiduciaries
- Accounting Specialists
- Construction Department
- State of Michigan Licensed Builders
- Construction Superintendants
- Sub Contractors
- Warranty Department
- Maintenance Staff
- Award Winning Land Developers
OUR EXPERTISE CAN BE RELIED ON…
All of our Managers are trained specifically for Association and HOA property management. Their expertise is a tremendous asset when it comes to assisting our clients in maintaining the highest level of standards for the community.
Routine Property Management Services:
- Organize Association Board meetings, including preparation of agendas and other necessary documents.
- Attend Board meetings and Annual meetings.
- Assist the Board with the preparation and presentation of the Association’s annual general membership meeting.
- Arrange for legal representation or legal advice when necessary and present findings to the Board.
- Assist the Board in choosing the most cost-effective insurance coverage for the property.
- Assist the Board with developing policies and procedures, and with the performance of the Board’s obligations.
- Assist the Board in developing an Association Calendar.
- Assist the Board in developing a short and long term Association Management plan.
- Assist the Board in the administration of its fiduciary obligations, administration of the Master Deed, By-laws, Rules, and Regulations
- Assist the Board in establishing standards to ensure that uniformity is maintained throughout the
development
- Monitor the development to assure that all improvements are within set standards.
- Provide monthly reports to the Board on finances, old and new business, by-law violations and status, correspondence on behalf of the Association and listing of Co-Owner complaints, request for services, etc.
- Assist with the election process at annual meetings and assist with new Board member’s orientation.
Maintenance
- Bid and supervise all contracts under the management agreement.
- Keep a calendar of scheduled maintenance and repairs and submit it to the Board members.
- Provide work orders for necessary maintenance
- On-site visits, to assure that maintenance contracts have been performed properly and timely.
- Provide the Board with a summary report on maintenance performed and upcoming maintenance.
- Provide scheduled maintenance services including but not limited to the following:
- Landscaping
- Lawn Maintenance
- Maintenance of common areas
Financial Services
- Accounting system and implementation
- Cash management and bank reconciliations
- Accounts receivable and Accounts payable management
- Banking services and accounting
- Assessment & collection of dues, delinquencies & violation fees
- Budgeting
- General Ledger Management
- Annual Financial statements
- Special assessments
- Preparation of Monthly Financial Reports
Consultation fees and low cost optional management packages are available, tailor made to suit your real estate assets.