Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, 33020 (954)923-2325.

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Presentation transcript:

Media Realty & Advisors, Inc. The Communication of Real Estate 1311 South 17 th Avenue Hollywood, Florida, (954)

Management Media Realty Property Management View complete resume as a Word documentresume Sales Consultation Valuation Management

Mission Statement Media Realty is committed to building long-term relationships that will enable our clients to maximize their net returns by providing an unparalled level of service and by being the most knowledgeable, creative, consistent and tenacious real estate brokerage firm in the markets we service. View complete resume as a Word documentresume Creation of Value Sales Consultation Valuation Management

Management Services Management Leasing Rent Collection Accounting Reporting Maintenance View complete resume as a Word documentresume Sales Consultation Valuation Management

Management Services Prior to accepting any assignment, Media Realty will first analyze the subject property to determine its strengths and weaknesses. Focusing on the income, expenses, property condition, street appeal and rental history, Media Realty will create a tailored approach to maximize the property valuation. By implementing a strong management philosophy, we will improve the property’s ability to compete, thus creating demand, minimizing vacancies, increasing rental rates, a create efficiencies to reduce the operation costs for the property. View complete resume as a Word documentresume Sales Consultation Valuation Management

Leasing Media Realty will lease your property to qualified tenants. By being property owners ourselves, we understand the importance of finding and leasing rental units to tenants who only show the proper credentials. First rent surveys are done to ascertain competitive market rents in any particular location. Media Realty markets vacancies by whatever means which have proven effective, including: ads in the print media (Miami Herald, Sun Sentinel, local publications and penny savers etc.), classified ads in major search engines, and online classifieds. Eye catching signs and banners are also affixed on the property itself. A record of calls of prospective tenants is kept and follow-up calls are made to prospective tenants. View complete resume as a Word documentresume Sales Consultation Valuation Management

Rent Collection Rent Collections: We are very aggressive about rent collections. Rents are due on the first of the month and considered late by the end of the third day. Late fees are retro-active and accrue on a daily basis. The amount of the late fees will depend on the history of the property. We will pursue all the necessary steps to collect rent, including pursuing legal action. View complete resume as a Word documentresume Sales Consultation Valuation Management

Accounting Media Realty’s computerized accounting system is capable of providing all the reporting you need for tracking income and expenses as well as tax compliance. In addition owners will be given access to the property’s online bank account. Sales Consultation Valuation Management

Reporting Reporting: Our detailed Monthly Management Reports are sent via on the 15th of the month. This report includes a description of the current leasing activities and other issues at your property, a rent roll, and most importantly, an income and expense statement. Proceeds can be sent along with the report or, can be directly deposited in a designated bank account. Sales Consultation Valuation Management

Maintenance Maintenance: No management company would be complete without the ability to handle every conceivable maintenance issue. Media Realty is unique in that we use a combination of our own staff and a variety of independent contractors that give you and your property both quality work at reasonable prices with quick turnaround times. Our understanding of the market will allow you to capitalize on all improvements made. For example, updating a kitchen will give the owner approximately a 40% return on their investment. Thus for each $1,000 increase in the Net Operating Income will produce between $10,000 to $15,000 of additional value. Sales Consultation Valuation Management

Qualifications Peter Dacko has been involved in commercial real estate for over 15 years. Along with managing his own portfolio of apartment buildings in South Broward, Florida, he also manages properties on a fee basis. By understanding the complex relationships between market demands, income & expense, tenant expectations, lease negotiations and the physical components of properties, Peter is responsible for ensuring that Media Realty’s properties are serviced in accordance with our client's goals and objectives, and that our managed tenants are treated professionally. Peter’s expertise includes residential management, asset management, lease negotiation, administration and budgeting, long-term capital planning and asset disposition. Peter has the ability to strengthen or reposition properties in the market place to the owners benefit. Sales Consultation Valuation Management

Qualifications Experience Commercial Real Estate/Owner of Media Realty specializing in Land Assemblage, Property Sales, Valuation and Management. Before creating Media Realty, Peter Dacko was rated top producer with local and national firms. A list of transactions available upon request. Co-owner of The South Florida Appraisal House; A full service real estate appraisal firm covering Dade, Broward and the Palm beaches. Owner/Manager of apartment buildings; Currently Media Realty owns and operates seven apartment buildings in the South Broward area. A list of buildings available upon request. Sales Consultation Valuation Management

Case Study 505 N 20 th Avenue, Hollywood. Purchased property in 12/2003 for $375,000. Over the next eight weeks, utilizing four employees, the property received major improvements including but not limited to the following: Renovated kitchens (Italian porcelain tile countertops and backsplash), Master keyed all doors (front and back), New appliances (several of the units have 20” stainless steel range/oven with matching refrigerators), New unit air conditioners, Ceiling fans, Light fixtures, Bath vanities and faucets, Window screens, Improved sprinkler system, Designer sign, New oversized ceramic tile and renovated bath (unit #2), Restored terrazzo floor (unit #5),Security lighting (2 exterior lights on photo cells) Rents were increased 30%. Third party vendor contracts were renegotiated Property currently for sale. Asking $1,125,000. Sales Consultation Valuation Management

Case Study 254 East Dania Beach Blvd., Dania Beach, Florida Purchased property in 8/2005 for $400,000. Upon closing the property had only one tenant and much deferred maintenance. By the end of the 12 th week and with a budget of $25,000 the property was fully leased, had a stable income stream and was producing a tremendous return for the owner. This was accomplished through good project management, market knowledge and a dedicated and conscience staff. Sales Consultation Valuation Management