Proactive Management
We endorse the adages that “knowledge is power” and “with knowledge fear dissipates”. Marathon's unique and comprehensive knowledge of local markets enables us to determine direction and obtain results. To that end, Marathon Database Services, LLC was established as a subsidiary of Marathon Management, to illuminate the complexities of the ever changing rental market. Marathon Database Services gathers and monitors extensive, real-time marketing information on virtually every residential complex in Oregon and Southern Washington.
Our comprehensive database is used, among other things, to monitor the strength of the rental market, adjust rents, determine ancillary income and security deposits, capture sales information, and appeal tax assessments. Continuously updated, this information is used to monitor properties and provide critical information and periodic insider reports to our owners, at no additional cost. Our databases maintain more than 200 pieces of information on each residential property.
An Owner's Advocate
Marathon's ability to accurately determine optimal rent levels, successfully appeal property taxes, negotiate insurance policies, design effective advertising, and perform preventative maintenance and capital repairs, results in substantial improvement in the property's cash flow and market value. By implementing a system of structured management practices, which include strong internal cash and accounting controls, we have frequently been able to save our owners more than twice the cost of our management fees. Our strong, “take-charge” style provides owners the comfort of knowing their properties are operating smoothly and at their optimum performance.
Responsive Staff and Progressive Technology
Experienced staff and advanced computer technology put our management team at the forefront of the property management industry. All aspects of our management are computerized, offering our clients tailored financial statements, occupancy reports and rental/marketing data which enables us to track and project rents, thereby achieving rental goals.
Our staff has extensive experience in the areas of planning, budgeting, construction, remodeling, maintenance, lease-up, and marketing of residential properties, enabling us to understand and resolve property and owner issues. Whether it be tenant relations, occupancy, cash flow, property maintenance, construction problems, or governmental compliance, our trained personnel are ready with effective solutions.
Accurate and Streamlined Accounting
Over the years, we have fine-tuned our accounting systems with checks and balances to manage and control rental receipts and expenses. Owners can be assured their funds are accounted for and well controlled. Marathon Management, Inc. is the only management company in the metropolitan area that bypasses on-site manager rent collections, directly billing residents from our main office, routing resident payments directly to our bank depository system by way of lockboxes.
Timely and Precise Management Reporting
Effective budgeting and accurate financial reporting are some of the most important tools Marathon provides owners. Marathon's management reports are used by property managers and owners to facilitate monitoring of each property's performance, ensuring that actual on-site results mesh with all occupancy and operating reports in a current, seamless, and transparent manner.
Nationally Recognized
Marathon Management, Inc. was among the first Oregon property management companies to be designated by the Institute of Real Estate Management (IREM) as an Accredited Management Organization (AMO). This prestigious award recognizes professional excellence and maintains stringent requirements for experience, integrity and fiscal stability. Marathon has been a member in good standing since 1990. Many of our employees actively participate in the IREM programs including the following: Certified Property Management (CPM), Accredited Resident Manager (ARM) and Accredited Management Organization (AMO).