Homeowners Associations

Elite Properties provides a full range of property management services that can be tailored to your unique circumstances, ranging from a full service management and maintenance agreement for larger complexes to a simple administrative services plan suitable for smaller associations.

Professional management is an essential element of a successful homeowners association. Good governance and responsive management is necessary to deliver the carefree lifestyle that attracts people to your community. Additionally, a well-managed and maintained condominium protects and enhances property values.

Professional management provides a number of important advantages that cannot be achieved through self-management:

Superior Service for Homeowners: A management company offers a level of service to homeowners that is not possible otherwise. The convenience of regular business hours, a 24 hour answering service, a professional maintenance staff, and other amenities are a great benefit to residents.

A Professional Point of View: A management company brings a wealth of experience and expertise to the table. No matter what issues face your association, chances are that we have dealt with similar problems somewhere else. As an outsider, we can also offer a neutral perspective on the emotionally charged issues that occasionally arise.

Reduce the Demands on Board Members: Board members are volunteers. As such, there are limitations on how much time and effort they are able to devote to the association. By establishing a relationship where the Board's job is to make the decisions and the management company's job is to implement them, a great burden is lifted from the board members.

Better Retention and Recruitment of Board Members: Finding and keeping board members can be tough. With professional management, being a board member is not nearly as major of a commitment. This makes it easier to recruit new members and keep the existing ones around.

Continuity: Board members come and go. A professional management company provides a level of stability that enables smooth transitions from one year to the next. It also helps ensure the success of long-term plans that are implemented over a period of years.

Our full service management plan is our most popular, and is designed to meet the needs of most medium to large sized condominium associations. This plan establishes a relationship where the Board makes all the major decisions, and we make sure the work is completed. This plan includes:

Collection of Dues: Owners can send their payments to us, place them in a drop box, or enroll in our convenient electronic payment plan. In the unfortunate event that collecting from a homeowner becomes a problem, we will work aggressively towards recovering the unpaid dues.

Bookkeeping: We perform complete bookkeeping services for all of our customers, including both payables and receivables. Note that all funds are kept in a separate account and are not commingled with our own or those of any other client.

Financial Reporting: Each month you will receive a set of financial statements, including an income statement, a balance sheet, and a roster of owners with their payment status. We also send copies of all completed maintenance work orders for the month. At tax time, we will work with your tax accountant to get your return filed.

Budgeting: Each year we will help you put together a budget for the following year's operations. Your budget will take into account current expenses, inflation, reserve requirements, and major planned expenditures.

24x7 Answering Service: We are available during normal business hours, and there is always a property manager and maintenance technician on call after hours. Our answering service will contact someone in the event of an emergency.

Attend Board Meetings: We will attend your regular board meetings. At each meeting, we will discuss any events since the previous one, review bids and contracts, and be prepared to answer any questions or offer advice as needed.

Process Mailings to Owners: We will help prepare and mail notices and letters to homeowners.

Property Inspections: We will periodically make site visits to ensure that the grounds and structures are in good condition. Issues will either be taken care of or referred to the Board as circumstances dictate.

Bids: We will always work diligently to minimize your costs, and this includes obtaining competitive bids for routine landscaping and snow removal, as well as expensive maintenance projects. After we have collected the bids, we will make a recommendation based on the cost and reputation of the contractor. The final decision, of course, rests with the Board.

Manage Contractors: Once contractors have been selected, we will watch over them to help ensure that they deliver as promised and perform quality work.

Maintenance: Our team of hard-working professional maintenance technicians is available for many scheduled and unscheduled jobs. Our reasonable hourly rates will help keep costs under control while providing the responsiveness and quality that residents expect.

Our administrative services plan is designed to assist small to medium sized communities in managing their associations. Generally speaking, it involves the administrative tasks that we can perform from our office. It is a great way to bring some professionalism and amenities to smaller communities who can not afford a full service plan. This plan includes:

Collection of Dues: Owners can send their payments to us, place them in a drop box, or enroll in our convenient electronic payment plan. In the unfortunate event that collecting from a homeowner becomes a problem, we will work aggressively towards recovering the unpaid dues.

Bookkeeping: We perform complete bookkeeping services for all of our customers, including both payables and receivables. Note that all funds are kept in a separate account and are not commingled with our own or those of any other client.

Financial Reporting: Each month you will receive a set of financial statements, including an income statement, a balance sheet, and a roster of owners with their payment status. We also send copies of all completed maintenance work orders for the month. At tax time, we will work with your tax accountant to get your return filed.

24x7 Answering Service: We are available during normal business hours, and there is always a property manager and maintenance technician on call after hours. Our answering service will contact someone in the event of an emergency.

Maintenance: Our team of hard-working professional maintenance technicians is available for many scheduled and unscheduled jobs. Our reasonable hourly rates will help keep costs under control while providing the responsiveness and quality that residents expect.

Service Full-Service Administrative
Collection of Dues
Bookkeeping
Financial Reporting
Budgeting
24x7 Answering Service
Attend Board Meetings
Process Mailings to Owners
Property Inspections
Bids
Manage Contractors
Maintenance

Our team of bonded and insured technicians are prepared to handle a wide array of maintenance needs. Whether it is a simple light duty task, a complex job involving mechanical systems, or an emergency service call, our professionals will provide prompt, quality workmanship at competitive rates.

We can perform many services, including:

  • Preventative Maintenance
  • Interior and exterior painting
  • Drywall repairs
  • Carpentry
  • Mechanical system repairs and upkeep
  • Inspections
  • Project Management
  • Pool Maintenance
  • Groundskeeping
  • Cleaning

For our full-service clients, we will obtain competitive bids on outsourced projects from proven vendors and help oversee their work.

Cost Effective

Controlling costs is a key objective. On one hand, communities must be prepared to invest in the proper level of maintenance to attract quality residents and increase property values over time. On the other hand, there is always the concern of keeping costs under control and staying within the budget. Our property managers are well aware of these trade-offs, and will work diligently to strike a balance to achieve the goals of the homeowners association.

Convenient

Our staff is available during normal business hours for issues related to property maintenance, and can be reach after-hours through our 24-hour answering service.

As an added convenience to residents, service requests can be submitted to us through an online form.

If you want to sell your unit, it makes a TON of sense to work with the company that really knows the ins and outs of your homeowner's association, it's amenities, rules and regulations. Working with an insider helps ensure that your unit is priced correctly, and that prospective buyers get the quick and accurate answers and documentation they need to complete the purchase.

When you list your home with us, we will put together a comprehensive marketing package to get your home sold as quicky as possible at the best price. We handle every aspect of the sale, all the way through closing. Listings include:

  • A complete market analysis to help price your home accurately.
  • A listing in the Multiple Listing Service, opening it up to thousands of local real estate agents and their buyers.
  • Advertising on the Realtor.com web site.
  • A high profile, high quality sign* to make sure people know your property is for sale.
  • Multiple high-quality digital photos of your property.
  • Coordination of all showings.
  • Open houses upon request.
  • Working with buyers to write offers and help them obtain financing.
  • Complete handling of all the paperwork needed to complete the transaction.
  • Ordering the title insurance.
  • Help coordinate and attend the closing.

Give us a call, and we'll put together a no-obligation sales proposal for you.


* Subject to the signage rules of your association.