SAK Real Estate

PROPERTY MANAGEMENT

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Service Description

SAK Real Estate company is pleased to offer its property management service along with other service, providing you with extensive and best expertise in the highest return on your investments. This service includes:
Real Estate service Financial Issues Legal Issues Technical and maintenance Issues Operational expenses settlement

Service Objectives

Real Estate Services

Real estate and technical surveys Promote the vacant units. Conduct lease contracts. Studies to increase and find out other resources for income. Follow up and monitor service like cleanness and security. Perform periodic studies on realty market to evaluate the rent values of similar properties. Reports on lease demand compared to vacancies. Customer service.

Financial Issues

Rent collection and track legal issues. Prepare the monthly financial reports (expenses, income and collection). Prepare and issue monthly statement of bills. Prepare debt and credit liabilities reports. Prepare petty expenses reports and technical expenditures like maintenance and services.

Legal Issues

Arrange reports and monthly statements showing legal follow-up results. Follow-up with finance department. Prepare notice statements for defaulters. Prepare, present and track lawsuits. Carry out all execution procedures. Collect funds that maybe deposited in court. Follow-up with lawyers´ bureaus. Compose contracts.

Technical and maintenance issues

Tracking and monitoring all maintenance jobs for electrical and mechanical systems. Offering advice on all maintenance expenses to best serve the property´s benefit. Supervising and monitoring the emergency maintenance. Servicing the purchase department to facilitate and speed up the execution of technical services. Concluding specialized maintenance contracts if necessary (after getting owner´s approval). Supervising the civil maintenance, works completion and the vacant units´ outfit. Issuing full monthly reports to owner stating the property´s executed maintenance jobs.

Operational expenses settlement

Including technicians´ salaries for their working hours charged on the property. Maintenance contract values (if needed) like: gardening, satellite, firefighting, elevators, parking systems, security systems. Etc. Spare parts, maintenance and special commodities, construction materials, units´ equipment and periodic maintenance. Electricity and water consumption. Insurance policies covering owner´s properties. Lawyers´ fees.