Market Analysis |
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| On demand market analysis of properties and their position in the market relative to competition consist of: |
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- Leasing Plan and Marketing Plan
- Primary Competition and Pricing Surveys
- Identifying Prospective Tenants
- Media Campaigns
- Follow-up and Tracking
- Novel Sales Techniques
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Operations |
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| An efficient computerized operating system controls operating costs while not compromising quality. It provides real time information and enhances management response for both day-to-day management and accounting purposes. A comprehensive analysis of the budget and understanding of the generated financial statements are presented to the on-site team in order to achieve the financial goals of the owner. |
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Compliance |
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| Properties are monitored by the corporate office as well as outside auditors. Our on-site staff is fully trained and competent in all aspects of tenant qualifying criteria and required compliance reporting to local monitoring agencies, as well as, lenders and owners. Institutional Asset Managers can take comfort on our emphasis of accurate and timely financial reporting. |
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| Compliance requirements consist of, but are not limited to, the following: |
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- Monthly and annual reporting
- Establishing income and set aside requirements
- Monthly monitoring of files
- Training of on-site personnel
- Monitor of utility allowances
- File copy storage at corporate office
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Reporting |
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| Comprehensive financial reporting to owners, asset managers, other external advisors, banks and government units or agencies are provided in a timely and accurate manner. Our on-site staff provides regular weekly occupancy, financial, and marketing plans that are sent to the owners and corporate; and monthly reporting systems which consist of: |
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- Balance Sheet
- Income and Expense Statement vs. Budget
- Variance Analysis
- 12 month Income and Expense spreadsheet
- Detailed General Ledger
- Month-to-Date check register and deposit summary
- Summary of rent and fees collected
- Aged Accounts Payable and Receivable detail
- Trial Balance
- Bank Statement Reconciliation
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| Vista Property Management’s reporting reflects property operations in ways that communicate accurately and thoroughly to a wide variety of clients. We make certain from the onset that we completely understand the current objectives of each client. Some owners seek to maximize cash flow in the short run while others will use cash flow to reposition a property for future appreciation. Our talented team has the experience in doing just that. Our objective is to enhance our clients investments and create quality living and working environments for our communities. |
