The 2 simplest ways to best maintain your Parkade.
How condo boards can maximize their investment now and for years to come.
Recent information on maintenance shows that a condo board can plan to pay anywhere from $100 to $500 per parking stall to keep its parkade in good repair and to budget for upkeep of the moisture protection systems. So, if a building had 150 stalls, it breaks down to an average of $25 per stall, or $15 to $75 thousand dollars.
What are the best ways for a condo board corporation to use this money effectively?
By focusing on the reserve fund and operating budget, here are some guidelines to make sure that the parkade is maintained properly.
Before we start let’s get down to basics.
Most parkades today are equipped with reinforced concrete. These are durable because of waterproof membranes that protect against water and salts, which both can destroy the concrete surface. This happens when water and salts mix together and contact metals and steels which create iron oxide or rust. The rust expands and creates pressure on the surrounding concrete. These metals are found in rebar- which creates strength on the concrete floors. The rusting process reduces the strength of the concrete, and can severely affect its ability to handle weight in the parking areas. Eventually, the structure’s integrity can be comprised, in some cases, it could even collapse completely!
So the aim of maintaining parkades properly is to make sure that the salts and dangerous pollutants are removed on a regular basis.
Here are the 2 simplest ways to maintain your Parkade and help reduce the damage to the parking garage structure.
1) The most cost-effective plan is to have your parkades power swept, pressure washed, and power scrubbed, at least twice a year. This will combat against the harmful influences of rusts, dirt and dangerous debris.
2) Have a regular program for flushing and cleaning floor drains and drain pipes in the garage every 6 months. A good time to do this is as the parkade is being swept and scrubbed. This allows the salts and dirt waters in the parkade to flush down these pipes safely. This reduces the contamination of salts and debris on the concrete surface.
It is a lot easier to make sure the membrane and concrete are properly cared for with regular maintenance than to overspend on replacement costs of the overall structure. A little maintenance goes a long way when it comes to important structures like your parkade.
Real estate agents liaise between home owners and buyers to conduct the sale, purchase or rent of properties. They work for brokers and play a major role in assisting people buy or sell residential, commercial or industrial property. They keep and maintain an up-to-date account of property listing and other relevant housing information to stay abreast with properties available on the real estate market. They subscribe to several listing services to advertise and market properties up for sale. They also contact property and market properties up for sale. They also contact property owners to obtain information regarding a property.
As part of their responsibilities, estate agents present sales and purchase offers to clients for consideration. They advise them on property rates, legal requirements and general market trend. They also interview clients to determine their property preference or specification. Usually, they prepare a list of properties that best match the needs and requirements of clients. They visit and inspect properties in order to establish precise property value. They also proffer recommendations to clients on properties that best suit their budget and preference.
Most estate agents oversee the preparation of closing statements, purchase agreements, representation contracts and other necessary documents required for estate trade. They conduct negotiations between property sellers and buyers to establish price and other terms of sales. They also liaise with pest control operators, home inspectors etc. to ensure the terms and conditions stated in a purchase agreement are met prior to the closing of sales.
In fulfilling their role, real estate agents oversee the closing of property sales, they ensure payment is complete and appropriate documents signed. They maintain contact with clients to offer them real estate services/products and assist with the resolution of issues. They also provide consultation services to clients to recommend strategies for the speedy sale of property. They often conduct training programs for junior/trainee sales agents to enhance their sales skill. This job position requires at least a high school diploma, state license for practice and an aptitude for sales. Qualities needed for the job include persuasion, interpersonal skills and problem-solving skills.
Real Estate Agent Job Description Sample
Given below is a sample of the job description usually handed real estate agents by most employers:
- Act as liaisons to conduct real estate trade between property buyers and sellers
- Present sales offers to clients as well as bid on available properties
- Carry out investigations to determine client credit status and ability to complete payment
- Inspect properties to appraise its value and estimate the worth on the property market
- Interact with clients to identify their requirements and proffer recommendations on properties that best suit their budgets
- Assist home sellers in promoting their buildings on property listing services to attract clients for purchase
- Prepare and deliver sales pitches to clients in order to secure real estate contract
- Provide clients with a list of properties available for sale to assist them in making choice selection
- Conduct price negotiations between property buyers and sellers to ensure a fair bargain for both parties
- Provide clients with a tour of residential, industrial or commercial properties to showcase and explain property features
- Carry out investigations to confirm clients have clear property titles
- Provide appropriate reply to client’s enquiries concerning property appraisals, financing, maintenance etc.
- Examine property premises to recommend maintenance measure required to improve the face value
- Assist clients in evaluating mortgage options to obtain the best rate and terms
- Attend conventions, conferences and seminars to improve existing job knowledge and expand personal network.
If you are a recruiter needing the best real estate agent to hire, you can use the sample job description above in making one for your company, for use in hiring and assigning duties to the successful candidates.
If you have lived in the house for a while, there may be broken or worn out items that you have overlooked. Safety issues and even legal issues should be resolved before you put your house on the market. It is in your best interest to do some preparation before you post the “for rent” sign.
Repairing structural or system defects should be at the top of the list. Tighten handrails, repair steps, and remove hazards inside and outside the home. Make sure all heating, plumbing and electrical elements are up to code. Elevated decks, railing, flooring and framing should be inspected by a Class A contractor for structural safety. Your goal is to have all systems running smoothly and efficiently.
Pay special attention to regularly used appliances such as refrigerator, stove, microwave, washer, dryer, etc.. These appliances receive heavy use daily and should be in good working order. Bathrooms, toilets, showers and tubs should have a clean appearance and be free of mildew. Replace missing tile grout and re-caulk tub and shower with a fresh bead of caulk. Is your carpet stained or worn? Cleaning the carpet, or if necessary replacing it, will freshen up your home. Make sure there is at least one working smoke detector on each level of the home and replace old batteries with fresh ones.
Make sure the property has a clean and tidy appearance inside and out. Remove all personal items from the interior and exterior of the home and yard. Take cans of old used paint to the dump along with yard waste and other items that are not needed. Clean out the garage and sweep away dirt and cobwebs to make the space fully usable. Improve curb appeal by trimming shrubs and bushes and touching up peeling paint on the house or porch.
When thinking about whether to make an improvement or an upgrade to your potential rental property, consider the competition and the price range of other rental homes in your neighborhood. Think about who your target tenant will be. Your location along with the price will be the deciding factor in who will be interested in your house. Will you attract university students, a family with younger children, or singles? You don’t want to over-improve your home and price yourself out of the rental market in your area.
In this job profession it is a business service that is designed to help assist owners in supervising their commercial properties. A commercial property manager may have several jobs but essentially they are the ones that will take care of details that are related to the following:
• Upkeep of the buildings on the property such as making sure that the lawns are mowed, any repairs needed are done promptly
• Checks out and qualifies potential new tenants who want to rent one of the commercial buildings or stores
• Oversees the leasing of sections of the property such as retail space in a mall
• Collects the rent from tenants on behalf of the owner
A commercial property manage involves overseeing any type of commercial property from multi-storied office buildings to retail space. Many times property owners will use a commercial property management firm to hand all the day-to-day details of operating the property so it frees up the property owners time for other aspects of business. The firm that is managing the commercial properties is generally granted the authority to make any decisions that will impact the amount of income the owner receives from their property. Hiring the right management firm can often lead to securing the best rental rates for the space and having a lower turnover of tenants.
One thing that is the responsibility of a commercial property manager is to screen potential tenants by accepting their application and then doing a background check. If the tenant is approved to rent a space then the manager will prepare the lease. For the duration of the lease the manager will make sure that the tenant is provided with all the responsibilities and benefits that are listed in the lease agreement, including the rental amount, when it is due, etc.
The commercial property manager will also serve as the liaison between the tenants and owner. If the tenant has any problems or needs repairs to their space they will see the manager who will take the necessary steps to resolve the issue or have what is wrong repaired. It is the manager’s responsibility to resolve the matter to the satisfaction of the owner and the tenant. If the tenant is not paying the rent as outlined in the lease or doing anything that is not in the lease the commercial property manager will be the one that is responsible for delivering the eviction notice. Each jurisdiction or state has their specific regulations in regards to eviction. When serving an eviction notice the manager must be sure that they are following every step in the process to the letter. This makes sure that everything is done legally and the tenant cannot complain they were evicted illegally.