Property Management Services
Commercial Property Management Services
We offer trained, experienced and creative real estate managers who maximize the return on an asset by improving cash flow, retaining tenants, and increasing value. We have a solid reputation for providing professional management services as well as for integrity and honesty. Our staff are experienced and flexible with expertise in accounting, architecture, leasing, sales, law, appraisal, marketing and maintenance.
We analyze the business environment and the specific property within that environment, and set out a marketing strategy and make a recommendation about how a client’s objectives can best be met.
We provide detailed financial reports tracking income and expenses.
We develop and monitor the property’s budget, which covers everything from maintenance to marketing, personnel to operations. As the year progresses, we update the owner of any necessary budgetary adjustments and explain why they are needed.
We provide monthly maintenance costs monitoring and the development and implementation of preventative maintenance programs.
Market Rent Analysis
We provide an analysis of market rents and those of the competition, changes in area demographics, and anticipated absorption levels.
We develop and implement marketing programs that improve the image of properties and ensure successful leasing. A comprehensive program may include such essential marketing tools such as custom print materials, social media presence, mixed media advertising, special events, property newsletters, promotional videos, property maps, and site signs.
We collect tenant rent and keep a daily record of payment deposits.
We can negotiate all tenant leases and renewals or make recommendations on leasing terms to the owner.
We are attentive to tenants’ needs and respond to their concerns immediately.
We have established procedures for the purchase of all equipment, supplies, contracted building services, and insurance coverage.
We prepare specifications for all contracted work (such as tenant improvement construction), obtain competitive bids, and supervise the projects.
We have documented procedures to ensure compliance with all federal, state, county, and local governmental statutes as well as administrative regulations, ordinances, and fire, health and safety codes.
QUESTIONS? CONTACT US TODAY
No matter your real estate needs, you’ve come to the right place. Watts Group has over 40 years of dedicated, local experience at your disposal. Let the professionals at Watts Group know how we can help make your real estate dreams into a reality.