Azmi & Co | Estate Agency

ESTATE AGENCY

Estate agency is the foundation of sound real estate practice.

Agency work involves the sale and acquisition of all types of property, from a private house or a corner shop, to a multi-tenanted office block. Chartered Surveyors in the field will have a good knowledge of trends in the local property market combined with skills in valuation and negotiation.

Without exposure to the day-to-day fluctuations of the market place, a Chartered Surveyor's ability to advise his or her clients may be impaired.

In accepting instructions to acquire, dispose or in the letting of a property, we at the Azmi Group would normally provide the following services:

Inspection

Preparation of particulars

Negotiation of price or rental

Concise instructions to the client's solicitor in the preparation of the Sale and Purchase or Tenancy Agreement

Advising as to the market value - rental or capital value

Advising on the form of sale - by private treaty, tender or auction

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Advising purchasers on financing

ESTATE VALUATION & CONSULTANCY

Registered Valuer deal with issues such as:

How much are company asset are worth for stock floation, acquisation or disposal?

They are expert in property markets, land and property values, valuation procedures, construction methods and property law, and have a wide knowledge of planning and the effects of the services on the value of properties. They may act for the vendors or purchaser, the landlord or the tenants.

Whether a home is a good value.

Undertaking the valuation and appraisal of property, whether for individuals, companies or for institutional clients, constitutes an important service we at the azmi group provide.

The variety of instructions received is an indication of the growing necessity for independent professional advice where the question of property values is open to debate such as in :

Asset Valuations Mortgage Valuations Insurance Valuations Rental Valuations Balance Sheet Valuations Land Acquisation Valuations Development Valuations Rating Valuations Securities Commision Valuations Property gains tax Valuations

How much rent should be charged on commercial, industrial and residental property?

They visit different properties to evaluate their potential, for instance is an office block in a good location for public transport routes and parking? How will the construction of a by pass affect the surrounding properties? Can a listed building be redeveloped?

PROPERTY MANAGEMENT

Property management is the term used in connection with the management of real property and by inference is a specialized form of management.

Property management services are needed in the private corporate and public sectors by owner occupiers, landlord and tenants and for commercial property such as shopping centres, office blocks and industrial estates. Most property is held as an investment, so reviewing financial returns and property values is an important part of the works.

In this context, professional property management will by neccesity involve day-to-day, week-to-week, month-to-month and year-to-year management strategies and programmed designed specifically to accomodate, within agreed reasonable parameters all the requirement of particular real estate investment.

The objectives of professional property management are to provide informed supervision of the real estate investment so as to ensure its optimum utilisation over as long a period as possible, with the highest reasonable nett return that is obtainable without prejudice to the original capital investment.

It is therefore reasonable to state that the scope of the professional property management is by necessity is very wide and requires real estate knowledge which is both balanced and spesific to the task.

Thus, in accepting instructions to manage property ranging from a single dwelling-house or apartment unit to a block of apartments or office units, we at Azmi Group would normally provide the following services

Taking care of day-to-day operations and administering the maintenance of the property.
Monitoring outgoing for the property and making payment out of the income from the property.
Preparing budgets and maintaining the financial record of the property.
Enforcing the terms of leases and other agreements pertaining to the property.
Advising on sale and purchase decisions.
Advising on legal and insurance matters.
Advising on the opportunities for the realisation of the development or investment potential of the property.
Advising on the necessity for upgrading the property or for the merging of interest.