For property management fee managers

Find what is eroding your management margin.
Act on it. Then prove it worked.

Elevates reads the systems you already run, read-only, and shows which owner accounts, vendors and units are costing you money, the action to take, who on your team owns it, and whether last month's fix held.

Dashboard
Illustration • Sample figures, not a customer
Doors Managed
740
+16
Margin per Door
$38
-$4
Owner Accounts at Risk
31
+7
Value Found YTD
$66K
+$23K
Margin per Door ($)
This Year
92
94
93
95
94
96
95
97
96
97
96
98
JanMarMayJulSepNov
What needs actionSample
31 owner accounts below target margin
One vendor reopening 24% of jobs against a 7% median
Nine compliance obligations due within 90 days
Pipeline Overview171 total
8
New Request
12
Scheduled
6
In Progress
145
Completed

Which owner accounts, vendors and units are costing you money, and what to do about it.

See the detail for Property Management

What it changes in your numbers

Five economic outcomes fee managers are already trying to move. Each is measured in your own data, and every finding carries a dollar figure.

Lower corporate cost-to-serve

Which owner accounts take more staff time, maintenance coordination and reporting than their fees pay for.

Repeat maintenance expense, found

The same fault, the same vendor, the same building, counted across work orders and bills instead of seen one at a time.

More from the team you have

Month-end exports and owner questions answered from one place, so the hours go to acting on problems rather than finding them.

Protected management margins

Fees your agreements allow but nobody charged, vendor prices drifting above your usual, and homes empty past your normal.

Stronger owner reporting

When an owner asks why income dropped, an answer with its sources, rather than an afternoon of digging.

Your economics as fee manager

Management fees, labour cost, owner retention. This is where your margin and your growth are decided.

Your owners' economics

Net operating income and asset performance. This is what keeps an owner with you, and what your reporting has to show them.

Every finding says which of the two it moves, so nobody mixes them up.

Every system reports on itself.None of them reports on you.

Your property management system, your accounts package, your works-order tool and the compliance spreadsheet are all good at their own job. Most of them now include their own reporting and their own automation. The limit is not capability. It is that each one can only see the data inside itself.

AppFolio, Buildium or Yardi

It knows: Leases, rent due, delinquency, notices, unit history.

It cannot see: What any of it actually costs you to service.

The accounts package

It knows: Invoices, vendor spend, owner statements, the ledger.

It cannot see: Which property or owner account each line belongs to.

The works-order tool

It knows: Jobs raised, vendors assigned, jobs closed.

It cannot see: Whether the same fault keeps coming back to the same unit.

The compliance spreadsheet

It knows: Inspections, certificates and their renewal dates.

It cannot see: Anything at all, until somebody opens it.

The questions that cost money span two systems. Which owner account cost more to service than it paid. Which vendor keeps coming back to the same property. Which unit is turning with an inspection already lapsed. No single product can answer these, because no single product holds both halves.

A decision and action layernot another dashboard

A dashboard shows the numbers. We take it to the end: the issue, the action, the person who owns it, and the check that the money actually came back.

  1. 01

    Identify the issue

    Read across every system you run, read-only, and find what is costing money: with the records it comes from.

  2. 02

    Prioritise the action

    Rank what was found by dollars, name the next step, and name the role on your team that owns it.

  3. 03

    Validate the result

    Next month, check in the data whether the fix held. Only verified money is counted.

One example, end to end

An HVAC vendor above your usual price

Source data
Bills #4302, #4388 and #4459: three capacitor replacements from one HVAC vendor in 90 days, $640 each, against a usual price of $310.
Recommended action
Ask the vendor for the agreed rate, or move the job.
Accountable owner
Maintenance lead.
Measured impact
Rate agreed at $340. Four jobs since. $1,200 saved, verified in the data the following month.

Illustrative example from a fictional company. It is not a customer result.

What arrives each month

One document, in this order, delivered to the person running the department. The software is how we do it. This is what you buy.

01

What we said last month, and what happened

Every item we raised last month, with what was done and what it changed. Items nobody acted on stay on the list and say so.

02

What needs action now

Five items at most. Each one names a property, carries a number and names the role on your team that owns the next step. Five things somebody can act on beats forty things nobody reads.

03

What changed, and why

The movements worth knowing about across the portfolio, with the reason behind each rather than the percentage on its own.

04

What we could not see

The questions your data could not answer this month, and what would have to change for it to answer them next month.

The shape of a single action item, by way of example:

"Unit 12, Rosewood Court. Four plumbing call-outs in five months, same vendor, $1,840 in total. The rent covers the cost. The cause does not appear to have been addressed."

An illustration of the form. It is not a customer result.

The first step

Operations Profitability Assessment

Scope
Twelve months of your data, read across four areas: owner accounts that cost more to serve than they pay, vendor pricing and repeat maintenance, fees your agreements allow but were not charged, and homes empty longer than your own normal.
Timeline
Ten working days from the day access is granted.
Data we need
Read-only access to two systems: your property management system, and your accounts package or work-order tool. Nothing is installed and nothing is migrated.
Deliverable
A written findings document you keep, whatever you decide. Every finding carries its source records, the calculation, a recommended action and the role on your team that would own it. We walk you through it on a call.

If we do not find at least the guaranteed threshold for a firm your size, starting at $10,000, there is no fee.

What we need from you

Read-only credentials for two systems. That is the whole requirement to begin.

AppFolio, Buildium, Yardi and RealPage can all create a read-only user in a few minutes. We will point you to where, for yours.

What we never touch

  • No write access to any system.
  • No migration. Nothing moves.
  • No schema changes. Your data stays as it is.
  • Nothing is replaced. You keep every tool you have.

What we have deployed so far

Elevates is a young company. Below is the one deployment currently running, described as it is.

A 50-property short-term rental operator, London

Four systems connected, read-only.

The four systems feed a single view. Each month the operator receives a list of properties needing action, each with the number behind it, instead of four separate reports to reconcile by hand.

This is short-term rental, not long-term rental management. We do not present it as an equivalent reference. It is the only deployment currently running.

2 to 4 weeks
From agreement to live

Pricing

Published, so you know before you book a call.

Currency
From $2,500Operations Profitability Assessment, one time

Ten working days. If we do not find at least the guaranteed threshold in recoverable value or cost leakage, there is no fee.

10 to 25 staff
Assessment
$2,500
We find at least
$10,000
Monthly after
$950
26 to 50 staff
Assessment
$3,000
We find at least
$15,000
Monthly after
$1,250
51 to 75 staff
Assessment
$4,000
We find at least
$25,000
Monthly after
$1,600
76 to 200 staff
Assessment
From $6,000
We find at least
$40,000
Monthly after
From $2,000
Midmarket, 3,000 to 15,000 units
Assessment
Scoped on request
We find at least
Agreed in writing first
Monthly after
Scoped on request

The monthly fee begins after the assessment, and only if you decide to continue. Annual prepay, two months free. There is no twelve-month contract.

Book a 20-minute call
Twenty minutes

Twenty minutes, and a written note either way

Tell us which systems you run and how your month-end works. We will tell you where we would look first and what we would expect to find. If there is nothing worth finding, we will say so.

The call is free. The Operations Profitability Assessment that follows starts at $2,500, and without at least the guaranteed threshold found, there is no fee.