PS Property Management Company started in the Austin condo management business from the first day we started. We understand the special needs of each individual condo community whether it is a small business condo community or a large high-rise, PS Property Management has the resources and knowledge to tackle any community challenge. Below is a summary of the many services we provide for all of our Condo Communities.
Property Maintenance
A well-maintained community instills pride in its residents and enhances property values. Your community manager will:
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Supervise all aspects of the common area
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Perform monthly property inspections
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Supervise on-site personnel, if required
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Enforce CC&Rs, Rules & Regulations and Architectural Design Guidelines
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Process architectural requests
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Maintain architectural and violations tracking system
Extended Maintenance and Project Management
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Coordinate all maintenance and repair visits
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Prepare multiple bid specifications
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Monitor the performance of vendors and contractors
- Obtain all Termite and proof of additional condo insurance as necessary
Custom Insurance Packages
Condominium communities have vastly different insurance needs than HOA communities. We understand these needs and have custom insurance packages through our exclusive vendors that maintain insurance compliance while also saving our communities thousands of dollars per year.
- Full evaluation of current insurance package
- Process all claims and oversee replacement process
- Make necessary updates per law and community property changes
Utility Management
- Full energy audit preformed for every community
- Work with municipal districts or third party utility companies
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Provide green energy solutions for our communities to run at peak efficiently
Finance and Accounting
Your community will have team members working diligently on your behalf to provide your homeowner association with timely and accurate financial statements, homeowner account resolution and promptly paid vendors. They will:
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Collect homeowner assessments and miscellaneous income
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Process all accounts payable and vendor invoices weekly
- Establish and maintain condominium association bank accounts
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Prepare monthly financial statements and community reporting
- Coordinate budget analysis and preparation
- Assess late charges and fines based on condominium collection policy
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Coordinate the preparation of condominium reserve studies
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Coordinate tax returns and audits
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Prepare state corporation commission filings
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Coordinate the implementation of any special assessments
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Collect delinquent homeowner assessments (notices, lien filings, judgments)
Community Administration
Our professional community managers help you to make the most efficient use of your time as a volunteer. Your property manager will:
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Coordinate meetings and agendas
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Coordinate all legal document amendment activities
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Provide voting explanations and assistance, as needed
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Attend Association Board of Directors meetings
- Keep Board abreast of current and pending Condominium law
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Attend Membership Annual meeting
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Coordinate preparation of community newsletters and mailings
- Maintain all association historical records
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Prepare and distribute meeting notices
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Maintain a record of all homeowner address changes
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Communicate with homeowners, vendors and others, as needed
Maintain Property Files
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Meeting minutes and resolutions
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Recorded lot deeds and related documents
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Violation letters, delinquency notices and homeowner correspondence
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Association Board of Directors correspondence
- Meeting notices and announcements
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Committee member correspondence
Resale Disclosure
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Closing instructions
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Homeowner account status
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Communicate with title company and homeowners
- Provide all necessary information for Condo questionnaires
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Distribute Condo community rules and regulations
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Process checks received from close of escrow
Emergency Service
We’re here to serve you at all times
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Staff members on call after hours and weekends for emergencies
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We maintain 24-hour access arrangements with vendors and contractors
We would love to make your Condominium community a better place to call home. Request a proposal today and begin to experience our “Personal Service, Positive Results”
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