Benchmark Property management Westchester County – Setting the Standards Others Vainly Try to Match
Since 1993 the benchmark has been set for property management in Westchester County and the wider area including but not restricted to New Rochelle, White Plains and into Connecticut by Benchmark Management. What does a property management company actually do, and how does it benefit the owners or holding companies whose portfolio includes but is not restricted to co-ops, condos, sponsor units, ETPA and office buildings?
First of all a property management company by way of the business it is involved in has access to a wide range of maintenance and security professionals, plumbers, gardeners and landscaping professionals, electricians, roofing repair companies and many more. Consequently and as a result of their buying power of goods and services by way of the large number of properties they manage attracts preferential rates. Costs for cleaning, maintenance and repair work is kept to an absolute minimum by way of proactive surveying by in house professionals and any issues resolved and actioned immediately at low cost.
Secondly, the legalities of merely owning, let alone the leasing, maintenance and civil liabilities of any area where the public has access can be a minefield, waiting to trap and zap the unwary property and real estate owner. It is virtually impossible for a real estate owner, holding company or association to be completely appraised of the entire number of laws and regulations which are constantly in a state of flux. Federal, state and local legislatures as well as fire departments and safety boards all have an input into drafting, writing, amending and enforcing laws and regulations and this happens with alarming regularity.
Thirdly, a property management company should have in house a team of experts all of whom are constantly appraising the laws and regulations, monitoring updates and amendments and appraising the impact (if any) each new amendment has on their clients’ real estate and property portfolio. Any issues arising are dealt with alacrity in order to keep the client and the building within the scope of the law and/or regulations. Failure to act if there are any issues could result in at best large fines resulting in a reduced return on investment, at worst bad publicity which reflects badly for future rentals, lettings and sales.
These are many more tasks and responsibilities a property management company undertakes for its clients. Property management Westchester County firm Benchmark Management continuously and constantly appraises new laws and regulations regarding residential and commercial property. Consistent and proactive management keeps maintenance and repair costs to a minimum and in turn helps maximize the property owner’s investment. Contact them today for discussion and information regarding a customized property management program, their website address for first contact is http://www.benchmarkmgt.com.
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