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Media Realty & Advisors, Inc.The Communication of Real Estate
1311 South 17th AvenueHollywood, Florida, 33020
(954)923-2325
Management
• Media Realty Property Management
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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.
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Creation of Creation of ValueValue
Sales
Consultation
Valuation
Management
Management Services
• Management
• Leasing
• Rent Collection
• Accounting
• Reporting
• Maintenance
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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.
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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.
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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.
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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 email 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 20th 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 12th 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