Professional Asset Management and Sales Inc. is full service real estate sales and property management firm. Our business was originated to offer long term solutions and management to our clients for their real estate investments. It’s tough for real estate companies to stand out in today’s market. Potential investors are faced with an overwhelming amount of choices, and it can be difficult to discern who will deliver on their promises. Many claim to be “one-stop” real estate services, but can you always trust them? In this crowded market, though, one name you can trust is Pam Blanco’s Professional Asset Management & Sales (PAMS), a full service real estate and property management company that serves the Dallas-Fort Worth area. What does full service mean? Well, in PAMS case, we do everything for clients, from research that assists in selecting the property, closing the sale, marketing the property to renters, and, of course, providing comprehensive property management that include rehabbing the properties if necessary. It’s hard to find a business so comprehensive and with this level of integrity. Let’s take a closer look and see what makes PAMS uniquely successful.
Family-owned and operated, PAMS finds investors the best properties by following an airtight process. Our business does everything it can to ensure client success and happiness. First, our expert team researches properties and puts together comprehensive Return On Investment (ROI) reports based on their findings, because, as we know, you can never underestimate the importance of data. Our team takes a scientific approach to our data mining. Focusing on important things like school districts and average rents, PAMS looks deeper and considers other aspects, such as whether or not a neighborhood is saturated with rentals and how long rental properties sit on the market.
When research is complete, the client gets a detailed ROI sheet, sharing with full transparency the process, as well as providing, a detailed breakdown of cash flow for both cash and financed offers. To further evaluate the property we give a breakdown of insurance, taxes, maintenance repairs, vacancy loss, HOA costs and closing costs. These detailed reports contain the most recent information available; after all, our staff conducts daily research. We know our market inside and out and are aware of the most current data and happenings.
Once properties pass the numbers test, PAMS sells them to investors. When the deal closes, PAMS will manage the property. Our company holds sincere interest in our products, as our relationship with clients continues after the sale. Service offerings include a full rehab team that can handle minor or major property renovations — a component that can be riddled with headaches for the clients, since many simply don’t have the time, know-how, or resources to deal with them. So, when clients purchase properties that require renovation, we provide services from basic to major rehab, simplifying the often complex process. A complete property rehab department handles any job, large or small. Our goal is to not put an investor into a situation where a property cannot perform; due diligence is key. However, vacancies happen and expenses arise; this is a business, after all. The unexpected can and does happen, but our team has the experience to handle problems and strives to make the process easy and effortless for clients. PAMS simply goes above and beyond for clients.
Speaking of going above and beyond, here’s one thing that really sets PAMS apart from the pack: the Property Management Wing of the company helps market clients’ properties to get the cash flow rolling. Property Management is a very necessary aspect of the business. We strive to maintain the properties at the highest level while minimizing expenses to allow for the highest possible return. The company employs a maintenance coordinator whose primary function is to ensure all requests are serviced and keeping residents happy while maintaining costs. The company employs a full time marketing and leasing manager who is a licensed Realtor well versed in the market area, that strategizes ways to fill properties as quickly as possible, which helps reduce days on the market, increasing cash flow. The marketing and leasing manager also creates programs to help thwart vacancies, such as staging vacant properties to entice potential renters.
Once a client’s property finds a stable renter, our company manages the operation. Our goal is to delight our clients; our point of difference is that we are very involved in the day-to-day operations of each property. We have an all-inclusive team that performs every aspect of the process. We walk each property monthly and take photos; this documentation becomes part of an end of the month report given to clients/owners. We build relationship with residences to promote longevity and satisfied residents. We pride ourselves on maintaining the properties at the highest level. We understand that this investment is the future income for each client. We work to ensure all residents are taken care of in a timely manner and offer 24 hour maintenance for all emergency after hour calls. Leasing calls are also answered up to 10:00 pm by the leasing and marketing department.
In addition to this, our company conducts interior inspections of all properties every 6 months. All this work serves one clear objective: to keep the out-of-town investor as well-informed as possible. It’s rare to find a full service real estate company, particularly with such a comprehensive property management component, that has a clean, clear mission to service their clients, investors, and tenants as professionally and cost effectively as possible. The secret to success? All of our systems outlined above, which include the following: attention to details, continual reevaluation to improve the operation, regular property management inspections, solid tenant screening and selection practices.
One thing that helps the PAMS stay on top is our knowledge of the metro market. Dallas-Fort Worth has a lot going for it, and our company has a deep knowledge of it. First of all, Dallas-Fort Worth is the 4th largest metropolitan statistical area in the U.S. And boasts a population of 6.8 million. It’s been the fastest growing metro area since 2,000, and it is known as “the business capital of the South” (it is, after all, home to 18 Fortune 500 companies, which is the 3rd most in the U.S.). It should also be noted that the median household income is 10% higher than our country’s average. When it comes to school districts, Dallas offers the #1 and #8 best public high schools in the country. Cultural attractions such as AT&T Stadium, home of the Dallas Cowboys, and the Dallas Museum of Art are sure to bring people into the area. When you work with PAMS, you have access to all this area has to offer.
Subjecting PAMS to the same type of rigorous analysis it applies to its properties, we have opportunity to see how the best gets the job done and incorporates those practices into our business as investors. Locating a top-notch, comprehensive real estate service that sets a high water mark for professionalism and efficiency in the industry is difficult, but that’s our goal.