Assisted Property Management Case Study

Case Study #1: 5 Unit Condo Association

The board of a 5 unit Condo Association was self-managing their property and had their own accountant but were interested in having access to an experienced Property Manager to get involved as needed and provide certain services. Services the board was interested in included:

• Fielding emergency calls
• Holding keys to the property
• Capital Project Management
• A Property website

Additionally, this condo association was not willing or able to pay a great deal for this support.

A Placeforce partner property management firm was able to offer all of the above services through the Assisted Property Management solution. The management firm spent a total of about 3 hours collecting property information and setting up the custom website. Included in the site is a list of the additional services that the management firm offers, which has since brought in new work to the firm.

The property gained a website that housed all their information including vendor list, contacts, a property calendar with key events listed, storage of documents and files and more. The property also gained the piece of mind that there is a professional property management firm that they are able to call upon to help take care of the property.

Cost: The monthly cost to the property is $49.