Maintenance and operation
Maintenance and operation services in
Del Ham Estate company
Experts confirm that real estate investment achieves its profitable goals through periodic maintenance that preserves its market value. We provide comprehensive maintenance services that include various facilities and systems such as elevators, electricity and mechanics, to ensure the efficient operation of the property, reduce costs, increase investment returns, and enhance its attractiveness to tenants and investors.
What is a property maintenance system?
Benefits and Importance of Property Maintenance
Save future costs
Regular maintenance helps detect problems early before they escalate into major breakdowns, reducing the need for costly repairs. By regularly monitoring the condition of systems and facilities, damage that would otherwise require major investments can be avoided, saving the owner a lot of money in the long run.
Maintain market value
Continuous maintenance of a property, whether residential or commercial, helps maintain its market value over time. Well-maintained buildings remain in excellent condition, making them more attractive to buyers or tenants, and can lead to increased prices or better rentals. This ensures that the property remains able to generate sustainable profits for its owners.
Increase the attractiveness of the property
A property that is well-maintained remains attractive to buyers and tenants alike. By keeping the facilities and systems in excellent working order, the property appears professional and tidy, which increases the chances of it being rented or sold quickly. The visual and functional appeal of a property are key factors that tenants and buyers look for when making their decisions.
Extend life
من خلال إجراء الصيانة المنتظمة لجميع مكونات العقار، من الأنظمة الكهربائية والميكانيكية إلى الأسطح الخارجية والمرافق، يمكن إطالة عمر المبنى بشكل ملحوظ. هذا يساعد في تقليل الحاجة إلى تجديدات كبيرة أو استبدال المرافق، مما يضمن استخدام العقار لأطول فترة ممكنة بأقل تكلفة. العمر الافتراضي الممتد يعزز من الاستفادة المالية المستمرة للعقار.
Avoid sudden breakdowns
Regular preventative maintenance helps reduce the likelihood of unexpected breakdowns that could impact the efficiency of the property or the comfort of its residents. By ensuring that all systems are working properly, major problems that could cause disruption to facilities or unexpected financial losses can be avoided, enhancing the stability of the property and the smooth running of the business.
Reduce unnecessary inspections
Regular property maintenance reduces the need for frequent inspections or unnecessary corrective actions. By keeping all systems in good condition, unscheduled interventions or constant reviews can be avoided, saving time and resources for both the landlord and tenant. Preventive maintenance ensures smooth operation and increases the operational efficiency of the property.
Types of property maintenance
Periodic Maintenance:
Periodic maintenance is carried out regularly every few months, and aims to keep the property in good condition at all times. Maintenance specialists conduct the necessary checks on all components of the property such as electrical systems, sewage, elevators, and ventilation. The goal of this maintenance is to prevent sudden breakdowns by taking the necessary precautions and providing preventive maintenance on an ongoing basis.
Annual Maintenance:
Annual maintenance is done once a year, and focuses on checking systems and parts that may be damaged or worn out over a long period. In this maintenance, specialized maintenance companies change worn parts such as filters, seals, or insulators, in addition to checking elevators, electrical systems, and ensuring that all facilities are operating efficiently. Annual maintenance helps avoid future malfunctions and maintains the sustainability of the property
Property maintenance costs and expenses
Estimating the costs and expenses of property maintenance depends on several factors such as the location of the property, its age, its area, and the nature of its use. In general, the maintenance costs of newer properties are lower, as they require less maintenance than older properties. As for properties that are more than five years old, they need periodic maintenance more than four times a year, according to the estimates of experts and specialists. On the other hand, the maintenance costs of properties used as investment projects are lower, as they are usually under independent management that is concerned with maintenance and periodic follow-up of work related to the property.
The impact of property maintenance on the buying and selling process
Property maintenance has a significant impact on the buying and selling process, as some owners are keen to maintain their properties as a preventive step to ensure that the property’s appearance and value are maintained, while others believe that this concern constitutes an additional burden on their budget, which leads to postponing maintenance work until malfunctions occur. However, this approach is not in line with the criteria for successful real estate investment, as neglect may lead to the deterioration of the property, while attention to its maintenance increases its market value and attracts potential customers and tenants.
When it comes to maintenance management, some people prefer to do it themselves, while others tend to delegate the periodic and annual maintenance to property management companies. However, taking care of the property’s maintenance is an essential part of preserving the real estate wealth. It is not just a preventative measure or an emergency treatment when problems occur, but rather a thoughtful and organized process that requires continuous follow-up.
At Del Ham Real Estate Services, we provide comprehensive maintenance services that aim to keep properties in constant demand in the real estate market. Our specialized team relies on the latest modern methods and techniques to effectively meet the needs of each property, helping to maintain its market value and increase its attractiveness.
Advantages of using property management companies for real estate maintenance work
Hiring property management companies provides you with many advantages related to maintenance services and expenses, especially if you own a number of commercial or residential properties that are rented. The most important of these advantages are:
