Real Estate Management

At First Real Estate Company, we provide comprehensive real estate solutions designed to streamline property management and maximize your investment returns. We understand that navigating the complexities of the real estate market can be challenging, which is why we offer a suite of essential services to support you every step of the way.

Our Core Services Include:

Lease Contract Management: We handle the entire lease process, from drafting legally sound and comprehensive lease agreements tailored to your specific property and tenant requirements, to negotiating terms and ensuring all necessary documentation is in place. We aim to protect your interests and foster positive landlord-tenant relationships.
Rent Collection: Say goodbye to the hassle of chasing rent payments. We offer efficient and reliable rent collection services, utilizing secure and convenient payment methods for tenants. We diligently track payments, manage any late payments according to agreed terms, and provide you with regular financial reports, ensuring transparency and peace of mind.
Debt Settlement: Dealing with delinquent accounts can be stressful and time-consuming. Our experienced team can assist with debt settlement strategies, working to recover outstanding balances while adhering to legal guidelines and maintaining professional relationships with tenants. We aim to minimize losses and optimize your financial recovery.
Contract Issuance: Beyond lease agreements, we facilitate the issuance of various real estate contracts, ensuring accuracy and compliance with relevant regulations. Whether it’s vendor agreements, maintenance contracts, or other necessary legal documents, we handle the drafting and execution process professionally and efficiently.

Procedures we follow:

Real Estate Management in Saudi Arabia: Procedures Followed by Alauwla

Alauwla, a leading real estate company in Saudi Arabia, follows a comprehensive and efficient approach to managing its real estate properties. The company adheres to the highest industry standards and complies with all applicable regulations in the Kingdom.

Key Procedures

Property Acquisition: Alauwla employs a rigorous due diligence process when acquiring new properties. This includes thorough market research, financial analysis, and legal assessments to ensure the investment aligns with the company’s objectives.
Property Management: Once a property is acquired, Alauwla implements a proactive management strategy. This involves regular maintenance, tenant management, rent collection, and ensuring compliance with all relevant laws and regulations.
Property Marketing and Leasing: Alauwla utilizes effective marketing strategies to attract potential tenants. The company works closely with real estate brokers and leverages online platforms to showcase its properties and reach a wider audience.
Financial Management: Alauwla maintains meticulous financial records for each property under its management. This includes tracking income and expenses, preparing financial reports, and ensuring compliance with accounting standards.
Legal Compliance: Alauwla adheres to all applicable laws and regulations governing real estate management in Saudi Arabia. The company works closely with legal experts to ensure its operations are compliant and mitigate potential risks.