Majestic Real Estate Services
Majestic Real Estate Services is recognized for providing unequaled support with its unique “hands on” management style. Our management team is comprised of Lic. Community Association Managers, a Lic. Real Estate Broker, and a Certified Property management Specialist. Our team members are versed in the principles of board management, association laws, insurance, and the landlord tenant act. We have management experience in a wide variety of property types to include town-homes, planned unit developments, zero lot line, single family homes, homeowner and condominium associations. The MRES team is just as dedicated as the board members and home owners to ensure that each community and individual property is maintained at the highest level resulting in enhanced property values and joy of ownership.
Below are a list of some of the services we provide our customers:
We distribute Board of Directors and Annual Meeting notices and related documents including meeting agenda, special reports and other pertinent information, prior to the scheduled meeting.
Boards of Directors and Annual Meetings
We attend all required Board of Directors and Annual Meetings. We will act as a resource and will answer any questions to keep the meeting effective and timely.
We maintain a directory of names, addresses and contact phone number of all homeowners.
Association Records & Files
We maintain all Association files, records and financial data.
Property Modifications Requests
We solicit, review, submit for Board approval and communicate Board decisions for all requests for modification of exterior or common area modifications.
We provide Assistance with the research of insurance options.
We are able to draw upon years of experience in management to assist board members in their strategic planning and decision making processes. We are knowledgeable in the areas of homeowner association legislation, state law, By-Law interpretations, rules and regulations enforcement and preferred policy and procedure practices. We stay abreast of the latest community association issues and law changes.
Annual Operating Budget
We prepare a detailed line item estimate of all annual revenue and expense items and project receipts and/or disbursements.
Long Range Plan/Reserve Study
We coordinate the preparation of the estimated useful life, projected replacement year and replacement cost for the major exterior or common area building and site improvements.
Tax Returns and Annual Audit
We coordinate all information and records required by the Association tax preparer and independent auditor.
We inspect building exteriors, grounds and common areas to determine their condition and implement a preventative repair/replacement program to address any items requiring remedial action.
Service Request Administration
We provide a quick response to all homeowner initiated service requests.
Supervise Service Contractor Performance
We establish detailed specifications for contractor scope of services, administrate the issuance of requests for proposals for such services, review bids, negotiate contracts, monitor performance and administrate progress payments and job completion payment.