Here at Camelot Realty Group, we strive to tailor our services to
fit your exact situation and property goals. Below you will find a
description of some management services we provide; to find out how
these services can best be suited to your needs, don’t hesitate to
send us an email or give us a call.
STAFFING
As a member of our management portfolio, you stand to benefit from
the attention of a professional Managing Agent who will act as a
point man, calling upon various members of our staff to assist in
tending to the properties’ day-to-day needs, building operations and
maintenance. Your property manager will be available to you 24 hours
a day, 7 days a week, with contact made possible via telephone,
e-mail, facsimile, cell phone and 24 hour emergency pager. You can
expect your Manager to make building inspections on a regular basis.
The Manager will also work closely with the building staff to
identify current and potential future problems, and to ascertain
that proper procedures are in place for the monitoring of repairs
and incoming/outgoing building supplies and materials.
REPORTING
We are able to provide you with a wide range of reporting options
for accurate record keeping which allow for ACCOUNTABILITY,
ACCESSIBILITY and FLEXIBILITY. We provide up to date monthly
financial statements, cash flow reports, budget and budget analysis,
general ledgers and statements of receipts and disbursements. Our
in-house computer program allows for our offices to provide you with
services ranging from collection and arrears reports, printing of
monthly billing statements and generating lease renewals to vendor
payment listings and open invoice reports
We also employ a work order system for tracking purchases and
in-unit work. Our checks are computer generated in-house in
conjunction with a triple entry accounting program that limits
bookkeeping errors and allows for efficient payment tracking. The
Agent assigned to your property will also interface with the Owner
on a pre-determined basis to ensure that communication and clarity
are the order of the day.
PURCHASING
When it comes to purchasing supplies for your building, we offer you
the advantage of procuring your supplies from the vendors we
currently do business with and who provide us with some of the
lowest prices available for building supplies, at discounts of over
40% below retail price. Generally, our contracts indicate a
pre-determined amount (usually $500-$1,500) above which
authorization from an officer of the ownership is required for
payment of an invoice. Additionally, major contracts for monthly
service, capital improvements and the like use a sealed, three bid
system which assures the Owner of contractor selection based upon
bona fide proposals.
For repairs that fall under the heading of “routine”, we encourage
the use of two contractors at a minimum, which keeps pricing
competitive and service up to par, particularly when dealing with
matters of plumbing or electrical nature. Contractors are asked to
remit to the management office copies of insurance & licensure, and
a detailed description of work to be performed for review by the
Ownership, Board and Management Office.
ACCOUNT RECEIVABLES
As you know, close monitoring of your properties’ finances is
crucial to the successful management of your building. We make
prompt account deposits and computer generate our deposit slips
in-house. Our management program allows for the application of
receipts to tenants’ accounts in conjunction with deposit slip
printing, ensuring that all payments received are promptly credited
to the account in question prior to deposit, and posted to the
proper building account (i.e. operating, reserve etc.), thereby
limiting erroneous account reporting.
We also offer you the option of printing late notices and three and
five day notices. The decade of experience we have in the real
property industry provides Camelot Realty Group with a wide range of
contacts in the areas that concern building ownership and tenancy.
Mr. Moskowitz has been involved in breaking rent strikes, removing
violations building wide for purposes of MBR increases, and the
removal of deadbeat and non-paying tenants, in addition to
overseeing Local Law 11 work, roof deck installations and building
settlement issues, all of which require extensive knowledge of
pricing, work parameters, applicable statute and a strong working
relationship with attorneys and their staffs.
ACCOUNTS PAYABLE
Open invoices are paid twice per month, unless other arrangements
are made. Our accounts payable programs require that we enter each
invoice together with all pertinent tracking information, such as
invoice number, vendor, G/L code, payment and invoice date, and so
on, to prevent duplicated payments. As discussed earlier, only
invoices below a pre-determined amount will be authorized. In most
applications, management is provided with authorization to remit
certain recurring payables, such as utility bills, monthly
maintenance contract payments and so on.
FEES
Our management fees vary based upon location, size and ongoing
projects. As a young firm, we are very competitively priced and are
willing to work with the Owner to establish a fee schedule that will
be attractive to both parties. As discussed above, we stress a brand
of personalized service that will become immediately apparent once
we have begun working together.
Therefore, we invite you to contact us for a full evaluation of your
properties’ needs. We firmly believe that Camelot Realty Group will
serve to better your home and investment and ease the manner in
which it is operated, in addition to providing a better living
environment for your tenancy and more productive realizations of
your financial goals.
We hope this abbreviated description of our services proves
enlightening and invite you to contact us for a more detailed
description of available services and options.
REFERENCES
Available upon request.
