RESIDENTIAL & COMMERCIAL PROPERTIES
Investments in real estate can offer excellent financial opportunities and personal satisfaction, but they require careful selection and consistent, high-quality management. Management of real estate is a service industry where a myriad of daily services must be routinely provided in order to effectively address the needs of the property owner.
PRIMARY FUNCTIONS OF DECA REALTY COMPANY AS A PROPERTY MANAGER:
- Achieve the objectives of the property owner
- Generate income for the owner
- Preserve or increase the value of the investment property
FORMULATING THE MANAGEMENT PLAN:
Prior to embarking on a management assignment, the professionals at Deca Realty formulate a management plan for the property. This is done after careful analysis of the market and the individual property as well as analysis of the owner’s objectives. This management plan becomes the blueprint upon which the property management assignment is carried out. The ultimate goal is to provide each individual owner a management plan which fits his/her needs. In other words, some owners want to retain a large degree of input into the management of their property while others, because of lack of time or knowledge, want our professionals to handle all facets in the management of their property.
DEPENDING ON THE OWNER’S OBJECTIVES THE MANAGEMENT PLAN MAY INCLUDE:
- Tenant Screening
- Lease Negotiations
- Advertising & Showing
- Tenant Relations
- Management Reports & Tax Reports
- Marketing & Property Promotion
- Maintenance & Renovation
- 24-Hour Emergency Calls & Service
- Risk Management & Insurance
- Paying Bills Including Mortgage Payments, Utility Bills and Insurance
PROPERTY MANAGEMENT SERVICE FEES:
The fees charged for property management services are a percentage of the gross rents collected. These fees are negotiated individually with each owner based on many factors, including the location of the building, vacancy rates, and amenities offered. Also, a leasing fee is typically charged for vacant units.
TYPES OF PROPERTIES WE MANAGE:
- Single Family Dwellings
- Multi-Family Units (two families on up)
- Condominiums and Associations
- Office Buildings
- Retail Properties
HOME OWNERS ASSOCIATIONS
Successful management of an Association takes experience. At Deca Realty, we have the experience you need. Since 1990, our family-owned business has been serving the St. Louis area, where we continue to be a leader in the field of Association Management. Fostering positive relationships between your Board and your residents is our specialty. Additionally, our property managers are proficient at problem solving; working with contractors, budgeting and following-up to ensure success in all areas.
Your community is just as important to us as it is to you. Learning about your community, its history, and its vision for the future in where we begin. With this information in mind, our skilled property managers use their expertise to keep things running smoothly. We have 24-hour emergency service and your questions/concerns are always a priority for our staff.
Deca Realty provides management services to condominium associations, homeowner associations, and villa associations. We manage associations of all sizes and would be happy to talk to any community leaders in need of services. Just give us a call and learn how we can make your life easier.