Here at Vancor, we live and breathe property management and real estate. With over 25+ years of experience in the industry, we manage everything from high rise apartment buildings, to single family homes, to commercial units, and everything in between! Ranked in the Top 10 for privately owned landlords for 2014 in Canadian Apartment Magazine, it is evident that Vancor strives for the highest level of satisfaction. We pride ourselves on outstanding customer service. With our well-versed full time support staff, in house bookkeeping and 24 hours on call maintenance staff, we are fully committed to continually raising the bar in customer satisfaction.
We also function as a full service real estate brokerage with an in house mortgage broker. With 6 full time agents to better serve you, we are here to help you with all your real estate and property management needs in order to grow your investment portfolio!
What is Property Management?
Property management is the operation, control, and oversight of real estate. Management indicates the need of real estate to be cared for, monitored and accountability for its useful life and condition. This is much akin to the role of management in any business.
It is also the management of personal property, equipment, tooling, and physical capital assets that are acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition.
For example, an owner of a single family may engage the services of a property management company. The company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move in inspection, move the tenant(s) into the property and collect rental income. The company will then coordinate any maintenance issues, supply the owner(s) with financial statements and any relevant information regarding the property etc.