Experience managing a variety of communities for more than 25 years, has confirmed that the ability to listen and establish open lines of communication with the association board members, property owners, vendors, and contractors, is essential to a respectful, productive relationship. Our account managers take a hands-on approach to managing their respective communities – based on defined Board expectations, and a clear understanding of the responsibilities among everyone involved – the Board, account managers, and the vendors who provide services.
Having a long term capital plan in place, integrated with the financial plan/budget, is essential to protecting the current assets and future stability of the association. Our expertise lies in identifying the major components of the plan, developing a realistic timetable, identifying funding options, and forecasting future costs of capital improvements.
After years of experience, we have identified highly-skilled, competitively-priced, service professionals who are trustworthy, dependable, and customer-responsive. Contractors, vendors, and maintenance personnel we utilize are familiar with state of the art building practices, engineering requirements, and innovative technical developments in their respective fields. We work with vendors to consider comprehensive, cost-effective approaches to repair and building maintenance issues from a short and long-term perspective. This enables the Board to make thoughtful, comprehensive decisions about how to invest maintenance dollars.
Margolis Management and Realty also has a maintenance staff and is able to provide routine maintenance service at a competitive price – and this is an option for the Board to review, along with considering independent vendors and contractors.
We use QuickBooks Pro accounting software to handle the various demands of community associations. Each month, members of the Board of Directors, receive a copy of the monthly financial report showing all transactions that occurred during the month. We can also e-mail monthly financial reports to Board members, if preferred.