We think everything we do adds value - but let’s be honest - not every building needs the full Roost experience!

With limited resources, small associations can benefit from a professional partnership without a full service management price tag. Our financial only services offer the sophisticated tools a building needs to maintain the books, manage balances and ensure fiduciary responsibilities are being met. It’s the perfect, pared-down partnership. We call that right sizing!  

Roost DC offers a financial-only service package that helps self managed buildings focus on the governance, facilities and improvement work while the association accounts receivables, budget, payables and reserves are being managed professionally.

 

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Our engagement includes:

 

  • On-line condo-fee portal for owners with real time ledger balance and payment options
  • Fine and fee postings for owners
  • Monthly finance package for Board members
  • Annual budget draft
  • Bill pay
  • Owner reimbursements
  • Management of bank accounts through National Cooperative Bank (NCB)

Add-on Services

  1. additional charge

 

  • Resale and refinance package assistance (via HomeWise)
  • Guidance on tax preparation, audits and financial reviews (actual filing and fee is determined by the preparer and service)
  • Budget revisions
  • Par value evaluation
  • Special assessment administration and guidance
  • Develop a delinquency policy
  • Owner reimbursements
  • Interface with legal on collections and delinquency
  • Loan guidance and support

The Perks

 

  • Transition signatories with ease! No more awkward visits to the bank when treasurers transition. We’ll help you manage transitions remotely

  • Access to our Building Better Boards trainings and board education and DC specific association management tools

  • Bank fees are a thing of the past. NCB charges for an initial set of checks and then no monthly fees

The Pricing

 

  • We offer accessible fixed monthly pricing that’s based on the size of your building. Our additional services plus consulting are available on a fixed rate or hourly basis so you can select the services that add the most value to your association.

  • For more information on this program please don’t hesitate to reach out! Email Lisa Wise or Chelsey Kelly and we’ll look forward to connecting with you!