At Sovereign Realty Advisors we provide a range of services to help property owners effectively manage their real estate assets, maximize returns, and maintain the value of the property. Our services typically include:
1. Tenant management
Handling tenant relations, including lease administration, rent collection, and tenant communication. We address tenant concerns, complaints, and maintenance requests.
2. Property maintenance
Ensuring the property is well-maintained through regular inspections, repairs, landscaping, and cleaning. We coordinate with vendors and contractors for maintenance and repairs.
3. Financial management
Managing the property's financial aspects, including budgeting, financial reporting, and expense management. We also handle accounts payable, accounts receivable, and ensure timely rent collection.
4. Leasing and marketing
Managing property vacancies by marketing available spaces, screening prospective tenants, and negotiating lease terms. We aim to reduce vacancy rates and maintain high occupancy levels.
5: Compliance and legal services
Ensuring the property complies with local, state, and federal regulations, including building codes, safety standards, and environmental laws. We also manage lease agreements and address legal issues that arise with attorneys you work with.
6. Vendor management
Coordinating with external vendors and service providers such as security, janitorial services, HVAC, landscaping contractors and any others that are necessary. We ensure services are delivered on time and within budget.
7. Risk Management
Identifying and mitigating risks associated with the property, such as security concerns, liability, and insurance claims. We work to minimize potential liabilities for the property owner.
8. Reporting and Communication
Providing regular reports on the property's performance, including financials, occupancy rates, and any maintenance or operational updates. We maintain open communication with property owners to keep them informed.
Overall, Sovereign Realty Advisors acts as your hands-on operator, managing both the day-to-day operations and long-term strategy to help owners protect and enhance the value of their property.