Property management for others
The company has a legal license for the management of real estate for others in the specified United Arab Emirates and the existence of an officially registered management contract with the competent authorities, according to the type of property
. Where we prepared appropriate plans for real estate management from our company to third parties and excelled ourselves in the tasks of real estate management and the search for distinguished tenants, drafting leases, collecting rents, maintaining the property, managing expenses, and providing financial reports to the owner.
It is our duty and keenness to develop and further progress in this regard. We list some of the tasks we carry out:_ ***Legal and regulatory procedures:_
* Taking over the tasks of real estate management and obtaining the necessary licenses from the competent government authorities.
- Documentation of management contracts: The real estate management contract is recorded between the owner and the company through the electronic system
- Property management power of attorney: The owner can grant the agent a legal authorization to manage his property through a documented special power of attorney.
Duties of the real estate management company
- Marketing and leasing: searching for new tenants, organizing property tours, negotiating terms, and drafting and signing leases.
- Collecting rents: Follow-up on collecting rents from tenants and depositing them in the landlord's account.
- Maintenance management: taking care of facilities, maintaining the property and carrying out the necessary repairs. According to the law of the state
- Managing expenses: setting budgets for maintenance and operation, paying bills on behalf of the owner, and providing financial analysis to help reduce costs.
- Financial reports: Preparing periodic and comprehensive financial reports on the performance of the property, tracking expenses, and reporting them to the owner.
- Audit and follow-up: Conducting questionnaires to measure tenant satisfaction to determine aspects of performance improvement.