At the end of each year, property managers and residential landlords must conduct a CAM reconciliation to determine whether the estimated costs of the year match the actual expenses annually. This can be an extremely time-consuming task and require expertise to execute properly.
Not to mention, when conducting CAM Reconciliation for each residential tenant, exemptions and other deductions may apply which requires validation that further complicates and lengthens the process. By outsourcing to a third-party service, property managers and landlords can now allot their time on other core aspects of their business while leaving the nitty and gritty paper crunching to the support professionals.
In addition, using a professional service to enact end of year CAM reconciliation forms provides residential tenants with the confidence that they are paying fairly in accordance to the rest of the tenants under the terms of the lease.
The stress and anxiety that comes along with the responsibilities of being property manager or a landlord are very real. By hiring Eximius BPO, not only would you gain excellent administrative support, you would also leverage our expertise in lease administration. Our Virtual Assistants are well-equipped to handle different tasks involved in property management among which include CAM Reconciliation.
Through Eximius BPO, property managers and landlords enjoy the benefits of becoming better organized and efficient in adjusting leases, saving on expenses, and staying ahead of the competition.
Contact the experts at Eximius BPO today.