Property Management Real EstateThe Madison Real Estate Group has an extensive background of implementing creative solutions to complex real estate issues. The principal strength of our firm is its ability to direct and manage resources, property value maximization, and to meet our individual clients’ objectives. We believe property management is a people oriented business. Our pro-active approach and hands-on responsive management of every property in our portfolio is unmatched in our industry.

Our goal is simple… We are here to assume the liability of the day-to-day management of your property, affording you the opportunity to enjoy the benefits of ownership. We assume the liability of your property employees, maintenance staff and vendors. We then provide them with an array of customized full service programs in training, on-site management and administration of these programs.

Our Management Services platform includes:

Financial Management

  • Accounts receivable
  • Accounts payable
  • Coordination of computerized rent collection
  • Coordination and supervision of payroll functions and reporting
  • Monthly financial statements
  • Secure bids for insurance or other expenses
  • Prepare required 1099’s for year-end accounting
  • Preparation of annual operating budget
  • Invoice tenants for rent increases

Leasing Strategies

  • Comprehensive advertising promotion
  • Detailed market analysis
  • Applicant screening and approval
  • Negotiation and execution of lease agreements
  • Lease rate structuring
  • Lease structuring

Value and Revenue Maximization

  • Reduce operating costs through vendor/service contract re-negotiation
  • Evaluate and recommend ancillary income opportunities
  • Utility bill back program
  • High occupancy through innovative, aggressive marketing and tenant retention programs

Employee and Vendor Quality Control

  • Hire, train, and supervise all on-site personnel
  • Screen vendors
  • Bid all contract services
  • Supervision of all services from commencement to completion
  • Fair Housing Certification
  • Track vendor insurance
  • Worker’s Comp insurance compliance
  • Annual service contacts review
  • Provide Employee Handbooks

Maintenance and Grounds Supervision

  • Conduct frequent physical inspections
  • Implement standard operating procedures
  • Coordinate and supervise all maintenance activities
  • Enforce building rules and regulations
  • Energy conservation measures
  • 24-hour emergency response
  • Vacant unit inspection
  • Annual service contacts review
  • Negotiate contracts and supervise independent contractors

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Memberships and Affiliations