How Birks AM Differs From Other Property Management Companies
We’ve been operating for five years overlooking real estate valued at 40 million dollars. It’s our top priority to fulfill landlord needs by guaranteeing the security and maintenance of properties to give landlords peace of mind.
Unlike other property management companies, we value having interpersonal relationships with our landlords so that you’re fully aware of the ins and outs of your properties. This allows us to have a trustworthy and honest relationship to guarantee you’re in good hands.
At Birks Asset Management, we govern day-to-day services such as screening applicants, collecting rent, managing repairs and maintenance, understanding landlord-tenant laws, and many more. We’ve broken down our operations below to give you, landlords, a better insight into what we do.
Screening Applicants
We’ve implemented a rigid screening process to ensure we find quality tenants to occupy properties. Upon screening, we collect and keep a record of all qualified parties’ information for security reasons, which we provide a copy of to the landlord.
Rent Collection
As well as screening applicants, we take responsibility for arranging and collecting rent. To arrange a reasonable rent level, we evaluate the local market, property location, and facilities to establish a fair rental price for all parties involved.
In comparison, rent collection is a rigorous process because it involves the risk of tenants not meeting payments. Yet, we overcome challenges by strictly enforcing penalties on late payments to optimize cash flow. At the same time, we take responsibility for governing provincial and municipal laws and landlord’s ROI requirements to ensure rent is adjusted to align with Canadian regulations.
Managing Repairs and Maintenance
Research shows that 88% of tenants agree that the quality of property management companies determines their decision to renew their lease. For this reason, we prioritize our tenants’ needs by ensuring properties are habitable with safety conditions so they’re adequately taken care of under our management.
The factors contributing to successful property management are speed of reactions (78%), follow-up and after-care (61%), resources available (51%), and good technical capabilities (49%). To ensure each factor complies with our quality assurance, we have a team of on-call professional contractors who respond promptly and assure estates are functioning smoothly. Our contractors are also highly qualified in renovations and repair to ensure properties are cared for.
Understand Landlord-Tenant Laws
Since we’re involved with tenants disputes, evictions, and the legal functioning of rental properties, we ensure that we’re fully knowledgeable about landlord-tenant laws to address any situation as a prepared frontline. We don’t intend to use our understanding of property management and landlord-tenant laws to expect and settle disputes. Instead, we intend to govern our tenants in compliance with the law to avoid landlord-tenant conflict with our in-depth knowledge. At the same time, we ensure to follow tenant rights according to the law adequately. For example, landlord-tenant laws state that tenants have “the right to a quiet enjoyment, free from disturbance.” As a property management team, we affirm not to infringe on this right regarding tenant privacy law in mind.
The listed responsibilities above highlight the various management tasks we take on for our landlords. Our overall purpose is to give landlords peace of mind by governing day-to-day operations and efficiently managing real estate. At the same time, we also prioritize our tenants and their needs because their occupations keep our operations functioning. For these reasons, we at Birks Asset Management consider landlords and tenets in our processes to ensure all parties’ needs are met and satisfied.
Birks AM, One of GTA’s Most Lucrative Property Management Companies
Table of Contents
How Birks AM Differs From Other Property Management Companies
We’ve been operating for five years overlooking real estate valued at 40 million dollars. It’s our top priority to fulfill landlord needs by guaranteeing the security and maintenance of properties to give landlords peace of mind.
Unlike other property management companies, we value having interpersonal relationships with our landlords so that you’re fully aware of the ins and outs of your properties. This allows us to have a trustworthy and honest relationship to guarantee you’re in good hands.
At Birks Asset Management, we govern day-to-day services such as screening applicants, collecting rent, managing repairs and maintenance, understanding landlord-tenant laws, and many more. We’ve broken down our operations below to give you, landlords, a better insight into what we do.
Screening Applicants
We’ve implemented a rigid screening process to ensure we find quality tenants to occupy properties. Upon screening, we collect and keep a record of all qualified parties’ information for security reasons, which we provide a copy of to the landlord.
Rent Collection
As well as screening applicants, we take responsibility for arranging and collecting rent. To arrange a reasonable rent level, we evaluate the local market, property location, and facilities to establish a fair rental price for all parties involved.
In comparison, rent collection is a rigorous process because it involves the risk of tenants not meeting payments. Yet, we overcome challenges by strictly enforcing penalties on late payments to optimize cash flow. At the same time, we take responsibility for governing provincial and municipal laws and landlord’s ROI requirements to ensure rent is adjusted to align with Canadian regulations.
Managing Repairs and Maintenance
Research shows that 88% of tenants agree that the quality of property management companies determines their decision to renew their lease. For this reason, we prioritize our tenants’ needs by ensuring properties are habitable with safety conditions so they’re adequately taken care of under our management.
The factors contributing to successful property management are speed of reactions (78%), follow-up and after-care (61%), resources available (51%), and good technical capabilities (49%). To ensure each factor complies with our quality assurance, we have a team of on-call professional contractors who respond promptly and assure estates are functioning smoothly. Our contractors are also highly qualified in renovations and repair to ensure properties are cared for.
Understand Landlord-Tenant Laws
Since we’re involved with tenants disputes, evictions, and the legal functioning of rental properties, we ensure that we’re fully knowledgeable about landlord-tenant laws to address any situation as a prepared frontline. We don’t intend to use our understanding of property management and landlord-tenant laws to expect and settle disputes. Instead, we intend to govern our tenants in compliance with the law to avoid landlord-tenant conflict with our in-depth knowledge. At the same time, we ensure to follow tenant rights according to the law adequately. For example, landlord-tenant laws state that tenants have “the right to a quiet enjoyment, free from disturbance.” As a property management team, we affirm not to infringe on this right regarding tenant privacy law in mind.
The listed responsibilities above highlight the various management tasks we take on for our landlords. Our overall purpose is to give landlords peace of mind by governing day-to-day operations and efficiently managing real estate. At the same time, we also prioritize our tenants and their needs because their occupations keep our operations functioning. For these reasons, we at Birks Asset Management consider landlords and tenets in our processes to ensure all parties’ needs are met and satisfied.
To show you that we’re always one step ahead, we’ve attached the Residential Tenancy Agreement.