We are committed to providing experienced, responsive, and cost effective management to property owners in the greater Fredericksburg area. Every property account managed by Landmarc receives specialized service that is tailored to meet individual needs. After a management program is developed, each client is assigned a property manager and a financial manager. These professionals become the interactive contacts and are responsible for the management of the property. This team approach ensures that our clients receive personalized, efficient service for each distinct operation.

FINANCIAL

The financial management of each property is handled in-house. Our financial management team includes degreed professionals.  Property and commercial development financial management include the following services:

• Provide professional management for aspects of billing, collection, and record keeping using accrual based accounting practices.
• Maintain a complete and accurate set of financial records for the property.
• Provide computer generated checking accounts and supervise proper investment of reserve accounts.
• Send delinquency notices and pursue past due accounts in accordance with the policies established by the owner.
• Assist a Certified Public Accountant with the annual audit and preparation of the state and federal taxes.
• Respond to all inquiries regarding account status, fees, and related financial matters on a timely basis.
• Ledger System- Data Management

Landmarc Real Estate employs a property management system software. This system is a proven software package that provides a complete and integrated general ledger system for all accounts. With the use of this system, specialized electronic banking services can be utilized.

• This system automatically keeps records on all properties, units, tenant histories, rent receipts, property maintenance, payables, check writing, deposit reporting, and bank reconciliations.
• Date sensitive posting of general ledger transactions with both a posting date and actual transaction date.
• Income Statement, Balance Sheet, and Budget Comparisons are available.

CONTRACTUAL AND TECHNICAL SERVICES

Landmarc Real Estate is a local company serving associations in the City of Fredericksburg and the surrounding counties. The approach Landmarc Real Estate uses is to understand completely the owner's needs and concerns. A hands-on management approach is used with great success. Often it is necessary to conduct detailed, in-depth studies to identify a problem and to create a solution.

• Prepare bid specifications, solicit and analyze competitive bids for routine, recurring services, general maintenance services, and construction or renovation work.
• Submit written summaries of proposals and contractor references for consideration or award.
• Manage insurance policies. File claims and handle settlements as required. Keep in force all forms of insurance as required.