Ogden & Company,
Inc., AMO® is equipped to manage all aspects of multi-family,
commercial, industrial, retail, and special use facilities. Our history in real estate management,
brokerage and development have produced broad experience
and knowledge in matters pertaining to a diverse variety
of real estate problems, and their simplest and most cost
effective solutions.
The following information highlights the
capabilities of the Real Estate Management Division. The
specific details of the management programs are tailored
to meet the needs of individual properties and clients.
Operational
and Services Contracts
Ogden & Company, Inc., AMO® reviews and analyzes
all existing service contracts including, but not limited
to landscaping, snow removal, refuse removal and recycling,
insurance providers, and janitorial services at the conception
of each contract. Applicable contracts are open for bid
with both existing contractors and outside service providers
if warranted. Negotiation and competition for all services
contracts provides top quality services at reduced costs,
with the assurance of quality services and/or materials.
Solicitation of vendors for contracts begins with qualified
customers, clients or representatives. Ogden & Company,
Inc., AMO® understands the obligation to honor current
service contracts. All operational services to the property
will be performed by independent contractors with the
exception of the on-site staff, if applicable.
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Property
Maintenance and Contractor Supervision
Ogden & Company, Inc., AMO® supervises all contractors
providing routine and periodic services for the property
requiring quality workmanship and services on a timely
basis. This includes supervision of the maintenance of
mechanical systems within the property such as HVAC, electrical,
plumbing, and others to maximize equipment life and provide
complete satisfaction and safety for the employees of
the property. Activities of contractors will be supervised
and payments for the same will be distributed only following
an inspection of the project by the Property Manager.
Commercial
Leasing Services
As a full-services real estate company, the Commercial
Brokerage Division of Ogden & Company, Inc., AMO®
is available to provide a proposal for leasing
services to any type of commercial properties. We
do, however, recognize the importance of strong brokerage
services and the need to match these services with the
specific needs of a property. Brokerage assignments can
be approached independently from management services with
complete cooperation and assistance by Ogden & Company,
Inc., AMO®.
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Residential
/ Multi-Family Leasing
If applicable, Ogden & Company, Inc., AMO® will
facilitate the leasing of residential apartment or townhouse
units, negotiate and prepare lease documents.
Bulk
Purchasing
over many years of business, Ogden & Company, Inc.,
AMO® has established relationships with vendors providing
a wide variety of services and utilizes this relationship
and our large portfolio of properties to purchase services
in bulk, effectively reducing costs.
Stocked
Inventory Control
A specific area of our management program, which can be
implemented in the management contract, is a complete
inventory of all paper products, replacement light fixtures,
maintenance supplies and equipment of the property. These
supplies can be entered into a computerized inventory
control program that will reflect the use of all stock
items by cleaning and/or maintenance personnel and provide
advance notice of replenishment needs. In addition, by
utilizing this service through your Property Manager,
large savings can result from purchasing in bulk and price
comparing large quantities of supplies.
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Accounting
Services
Ogden & Company, Inc., AMO® can approve for payment
or approve and make disbursements for normal recurring
expenses as provided in the site budget, which shall be
approved in advance or as directed by the Owner(s). Utilizing
Great Plains Property Management Software, we will provide
clear, accurate, valuable and timely information to the
management staff and Owner(s).
Financial statements are prepared, maintained,
reviewed and distributed on a monthly basis within twenty
(20) working days after the close of the month. These
statements are prepared on an accrual basis indicating
receipts and disbursements, showing income or expense
funding, cash on hand, reserve accounts, if applicable,
and current liabilities. These reports are accompanied
by comparative reports of monthly financials to a pre-approved
budget, and delinquent tenant account status reports,
if applicable. At year-end, these same reports shall be
prepared detailing year-end balances.
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Budgeting
Ogden & Company, Inc., AMO® will prepare and submit
a preliminary annual budget for approval for the upcoming
year. Additionally, long term budgets indicating upcoming
capital expenditures can be prepared. These budgets can
be formatted according to any format desired.
Ogden & Company, Inc., AMO® strongly
believes in the budgeting process both in terms of understanding
the goals and objectives of the Owner and providing a
clear and concise road map for the daily, monthly, and
annual operations of the property. Readable statements,
provided on a monthly basis, are created through Great
Plains Property Management and ACS Software. Capital investment
needs are analyzed by the Ogden & Company, Inc., AMO®
staff, recommended as necessary and agreed to in the budgeting
process. Non-budgetary and capital expenditures will be
subject to prior consent.
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Lease
Compliance and Tenant Relations
Ogden & Company, Inc., AMO® will administer and
assure compliance with leases of tenants, both in residential
and commercial facilities. Utilizing Great Plains Property
Management software, Ogden & Company, Inc., AMO®
will provide rent collection and tenant services to the
property. A complete and accurate record of the account
status of each tenant is maintained indicating charges,
payments, late fees, legal fees and damage assessments,
if applicable. A monthly Tenant Status Report is provided
with the monthly Financial Statements.
Ogden & Company, Inc., AMO® will
communicate monthly delinquencies directly with tenants
and issue late fees to all delinquent accounts. Every
effort will be made to collect delinquent accounts, including
sending of notices and letters, telephone calls, and if
possible, personal contact. In the event such efforts
fail, the account will be referred to the proper collection
agency or an attorney for the legal eviction process.
Records
Ogden & Company, Inc., AMO® will maintain all
records of the affairs of the property, including but
not limited to, correspondence, contracts and financial
records. These records shall be properly stored in an
organized manner for immediate retrieval at any time.
Documents are available for review any time during normal
business hours.
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Site
Inspections and Compliance
The extensive experience acquired by Ogden & Company,
Inc., AMO® will assure competent analysis of all physical
areas at the property and the proper preventative maintenance
and repair to all HVAC, electrical, plumbing, roofing,
and additional equipment. The Property Management and
Maintenance Staff understands the need for cleanliness
and aesthetic appeal as it relates to the satisfaction
and safety of customers, clients, and personnel.
Utilizing manufacturer specifications, routine
inspection checklists will be customized and completed
during regular inspections of each site. Preventative
maintenance will be determined, scheduled in advance and
completed on a routine basis. Periodic evaluations will
be conducted of all physical areas to critique cleanliness,
state of repairs, aesthetic appeal and the costs associated
with their preservation. Reports will be compiled on HVAC
and mechanical equipment, including electrical and plumbing
systems to offer suggestions for consideration and incorporating
into operative budgets.
Recorded documentation indicating regular
testing of emergency fire alarms, sprinkler systems and
other building safety equipment will be maintained and
provided to insurance carriers thereby reducing annual
premiums. Life safety procedures will be developed by
way of evacuation plans to be distributed and/or mounted
for employee and customer safety. Issues such as ADA,
asbestos control, lead abatement, environmental, liability
and life safety will be observed for the property by the
appropriate professional under our supervision.
Ogden & Company, Inc., AMO® believes
in maintaining our position at the leading edge of the
maintenance and management trade through continuing education
as it applies to our specific accounts. This education
will keep your Property Manager and Service Technicians
abreast of changing legislation and advancing technologies
to enhance the property.
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Insurance
When so directed, Ogden & Company, Inc., AMO®
will supervise the administration of the property's insurance
policies.
Transition
Very important to tenants and owners is the transition
to a new management company. Ogden & Company, Inc.,
AMO® accepts the challenge to make this transition
smooth. Complete audits of financial data, lease information,
service contracts and building information will be reviewed,
tenants and vendors personally notified and complete property
inspections conducted. Tours of the building will occur
with all applicable personnel and emergency response teams.
During this time, close communications will be maintained
with Owners to fully understand and verify goals and objectives.
Overall
Cost Savings
utilizing professional management services will generate
cost savings in the overall operation of the property
through competitive bidding on contracted services and
periodic maintenance, bulk purchasing of supplies and
services, preventative maintenance, proactive inspections
and budgeting. Additional areas, which may not be as easily
recognizable but which may procreate savings include insurance
premium bidding and negotiation, utility audits and retrofitting
for energy savings.
An added benefit: healthy, safe and pleasant
work environments may also foster happier and more productive
employees.
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Customer
Satisfaction and Communication
Customer satisfaction relies on effective communication.
Our management teams are fully engrossed in the relationship
that exists with the client as it pertains to the complexities
and decisions that apply to their property. This interactive
involvement results in a level of intuitiveness for the
Property Managers. Our training programs install listening
techniques to better understand client and tenants needs
and the reaction to the services provided. Customer satisfaction
is the key to our business.
The first line of communication exists between
the property owner or client and the Property Manager
who is trained to be sensitive to the needs of their clients.
The Real Estate Management Division of Ogden & Company,
Inc., AMO® office hours are 8:30am to 5:00pm, Monday
through Friday. However, we are on call twenty-four hours,
seven days a week, on an emergency basis. The Property
Management staff is equipped with cellular telephones,
alphanumeric pagers, voice-mail, twenty-four hour answering
servicing and remote computer access. Additionally, a
quarterly newsletter is published to keep all of the client
of Ogden & Company, Inc., AMO® aware of progresses
and other happenings in the industry. Click
here to download a digital version of our latest Ogden
ADVANTAGE newsletter.
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