CAI-NJ July 2021

upside to the fees collected based on occupancy and rents collected. Also, as rents increase yearly with your fees collected still a percentage of the rent, the management fee will increase with those rents. It provides an opportunity for a property manager to share in upside with a higher salary. While most condominium boards understand management fee increases are neces- sary every year, this increase is a small percentage of the other space markets. A Cohesive Branded Message No two condominium boards are the same. There are board members with an unlimited amount of time for a hands-on relationship, while others do not. Both will rely on the recommen- dations from their property managers. Even those who have significant

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Experience. Service. Satisfaction.

At Premier Management Associates, the ultimate goal of everything we do is resident satisfaction. That’s why over 100 associations across the region count on us. We have over 40 years experience managing the regular, day-to-day needs of a community and the resources

to reliably deliver the fast response you deserve. PREMIER MANAGEMENT ASSOCIATES

Corporate Office • 201-947-1001 140 Sylvan Avenue, Englewood Cliffs, NJ 07632 Central / South Jersey • 732-390-1100

info@premiermanagement.net www.premiermanagement.net

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