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Condo
Realty provides superior property management services throughout Connecticut.
We have become successful by adhering to our pledge to you...
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We will avoid all financial
conflicts of interest and operate within the best interests of our
clients. We shall manage every property as if it were are own. We
will maintain honesty and integrity. If unavailable, we will return
every telephone call within a 24-hour period. |
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Property Managers:
Complaint: It seems that our management company
assigns us a new property manager with the change of seasons!
Employee burn out is commonplace within the property
management industry. It is not uncommon for a typical manager to be responsible for over
600 units! This type of workload causes employee turnover which negatively effects the
client!
Solution: At Condo Realty, our
property managers are limited to managing only a few properties. The
rest of their schedule is optional hours they choose as licensed real
estate professionals. |
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Our Managers control their own working
environment to create a pleasant and effective atmosphere. Happy managers
create satisfied clients! |
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Financial:
Complaint: Our management company uses a mailing lock
box system for processing our common fees. Often, checks are mishandled by the bank ex:
not deposited or misappropriated.
Solution: Our clients
prefer to have their common fees processed within our offices. This
local control avoids misappropriation of funds for the association
members. |
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Condo Realty provides
financial services to meet the needs of any size condominium association.
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Management Costs:
Complaint: Our management company attracted us with
their low monthly management fee. After one year, they increased our contract amount by
20%!
Often, management companies will
win your services by offering an un-disclosed discount for the first year! Once all of the
accounting and management services have been transferred they raise their fees!
Solution: Our clients
know upfront what the management fee will be for the following 2 years.
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Our fees are very competitive
within the industry. Most of our clients save money by using our services
because we restore competitive contractor bidding for their association. |
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Competitive Bidding:
Complaint: Bids for projects are not
competitively based. The management company's "Sister Company" always has the
lowest bid!
Most management companies generate most of their income
through the subcontracting service companies they own! Therefore, it is preferable
that they win as many bids as possible! Now that the good economy is keeping contractors
busy, most outside companies won't bid on projects offered through certain management
companies. They know that the bidding procedures are biased towards the management
companies.
This bias results in higher fees
for all work that is subcontracted. Why?- The competitive bidding process has been
eliminated due to the un-willingness of honest contractors to participate!
Solution: We have
no contractors on our payroll! We have no "Sister Contracting
Company". We have no financial ties to any of our contractors.
We do not accept favors or kickbacks! We are un-biased to which contractor
you decide to use. |
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Our integrity is never compromised
by kickbacks or other incentives. We do not employ any contractors
or co-own any businesses that will be bidding on any of your
work! |
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Hidden Fees:
Complaint: Our management company never disclosed the
hidden costs that we incurred!
Many management companies charge
fees for every inquiry about the association.
Example: Bank A needs to know
how many owner occupants reside within the association. Fee Charged!
Example: The town needs to know
how many units are occupied so the association may be refunded for trash removal. Fee
Charged!
Solution: All of
our clients receive or price list for all services provided. Most
inquiries incur no charge to the association. |
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We won't surprise you with
hidden fees. We disclose all costs up-front! |
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Property Inspections:
Complaint: It seems as if our property manager never
gets out of his car! We constantly have to bring items to his attention.
Solution: We schedule
specific visitation times for all of our communities. You will know
exactly when the property manager is scheduled to visit! It is not
uncommon to see our managers picking up papers and taking notes during
their inspections! |
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property managers take a pro-active approached to your community. We
make the extra effort to advise you on ways to improve your Association!
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Broker Services:
Complaint: Our property manager never advises us on
recent property sales, and how our decisions will effect property values.
Solution: Condo
Realty is also a licensed real estate agency. We advise you on how
to improve property values at your community in a way that only an
agent could! |
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Property values
are the most important consideration of unit owners! We base our management
procedures and performance on how to appreciate your investment!
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Correspondence:
Complaint: The correspondence with our property
manager is very poor; he never returns our calls!
Solution: We call
you back! Every call is always returned within 24 hours if the property
manager is unavailable immediately! In addition, Condo Realty generates
and hosts a free web site to all of our clients to help improve communications. |
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Condo Realty uses the internet
to help with correspondence. We provide every client with a free association
web site! |
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Contact
Us! |