FAQs

Realty Management Partners prioritizes long-term financial stability for condo and HOA communities. We offer expert guidance in stabilizing operating and reserve budgets, often assisting communities facing financial crises. Our proactive approach includes collaborating with boards to understand reserve planning, managing capital replacement budgets, and drafting annual operating budgets well in advance. This comprehensive financial strategy ensures sustainable business practices and future financial security for our client communities.

Realty Management Partners prides itself on maintaining one of the industry's highest client retention rates. Our commitment to collaborating with boards and consistently delivering excellent service has built long-lasting client relationships.

At Realty Management Partners, we carefully monitor manager workload to ensure optimal service delivery and maintain a healthy work-life balance for our staff. Our trademark approach considers factors such as community size, number of assigned communities, property age, and whether the association is age-restricted. Generally, we assign managers to 650 to 850 units across 5 to 9 communities, allowing for efficient, effective management.

Our property managers provide comprehensive support to boards and communities. This includes attending all board meetings, taking minutes, preparing agendas, and posting meeting notices. After the meeting, our managers handle action items such as developing bids, meeting with vendors, and scheduling. We enable boards to focus on strategic decisions while our management team handles the tactical aspects, ensuring thorough follow-up and maintaining strong communication with both the board and community.

Realty Management Partners’ commercial division distinguishes itself through its investor-focused approach to value creation. While we efficiently handle routine property management tasks, we focus primarily on enhancing property value. This includes strategic lease management, proactively improving property attractiveness, optimizing utility, and increasing lease rates and returns. Our long-term client relationships underscore the effectiveness of this value-creation strategy in commercial property management.

Our construction management services involve acting as General Manager for various large and complex construction and equipment installation projects. Depending on the project, we may either oversee the entire process as a general contractor or self-perform certain aspects of the work.

Realty Management's multifamily and apartment program is rooted in an investor mindset, as we are investors ourselves. We focus on optimizing returns while ensuring properties are well-maintained and attractive to quality tenants. Our management approach emphasizes responsive maintenance, proactive lease renewal management, and efficient vacancy turnarounds. We strive to keep good tenants satisfied and maintain properties that generate revenue through market-rate rents.

Handyman is a trade service offered by Realty Management Partners, available to all homeowners. Our technical team provides a range of home improvement, repair, and replacement services. These services range from minor tasks like wax seals or toilet replacements to larger projects such as interior painting, rental unit renovations, and kitchen cabinet replacements.