What’s Included
The following services are typically included in our standard association management contract:
- Annual pro-forma budget
- Bookkeeping and bill payment
- Monthly financial reports in a format that you can understand
- Tax preparation assistance
- Monthly site visit and maintenance checklist
- Scheduling regular maintenance, including the use of reputable and insured vendors
- Correspond with developers to fix building defects (applicable to newer buildings)
- Association or board meeting scheduling, agendas and minutes (number of meetings included is based on your building’s size, see pricing)
- Rules enforcement as directed by the board
- Communications to homeowners and tenants (email or snail mail) as directed by the board
- 24/7 support and responses to association board queries
Pricing*
The pricing for a standard management contract is based on the size of your building as follows:
- 7-10 units, 2 meetings per year, $750 per month
- 11-13 units, 2 meetings per year, $950 per month
- 14-16 units, 4 meetings per year, $1,150 per month
- 17-20 units, 4 meetings per year, $1,350 per month
- 21-24 units, 4 meetings per year, $1,550 per month
If you have a building that is 6 units or less, or 25 units or more, please contact us for a quote.
*Prices listed are based on a typical scope of work and are subject to change without notice.
Additional Services
Additional services not included in the standard management contract include bid preparation, reserves study services, and other homeowner services associated with the sale of a property and refinancing. Homeowner services are billed directly to homeowners and not the association.
Association Services
- Printing fees, $0.15 per page
- Postage, billed at cost
- On-site property manager, $100 per hour (1 hour minimum, then billed at 1/2 hour increments)
- Bid preparation, typically takes 2 to 4 hours, $100 per hour
- Reserves study assistance and adjustments, typically takes 10 hours, $100 per hour
Homeowner Services
- Printing fees, $0.15 per page
- Postage, billed at cost
- On-site property manager, $100 per hour (1 hour minimum, then billed at 1/2 hour increments)
- Refinance package, includes demand statement, CC&Rs, Articles of Incorporation, Bylaws, prior month’s financial statement, budget for two years, status of any pending litigation certification, owner occupancy letter, $100 fee (4 day turnaround) or $150 fee (2 day turnaround)
- Property sale package, includes demand statement, buyer escrow instructions, CC&Rs, articles of incorporation, by-laws, prior month’s financial statement, budget for two years, status of any pending litigation certification, owner occupancy letter, homeowner’s certification, any closing demand updates, and the last 12 months of association meeting minutes. Due to the heaviness of this package, this package will either need to be picked up by the seller’s Realtor, or applicable courier fees will apply to have this package delivered to location of the Seller’s choice within San Francisco, $300 fee, $250 fee (without meeting minutes)
- Demand letter or certification letter only, no docs, $50 fee (for refinance), $100 fee (for property sale)
- Fax fee for property or refinance documents, $10 fee