Metropolitan Real Estate utilizes a very robust and comprehensive double entry accounting system to track all transactions for our clients.
All of our clients have full time access to their accounts in real time through our website. Just click on the owner login and view away. Our clients and their accountants find this very helpful when it comes to tax preparation, or other accounting needs.
When we receive payments, the check is scanned and attached to the payee's account for record keeping and immediately deposited into our insured Trust Account.
Our bank accounts are maintained in strict accordance with the Trust Account Laws of the Arizona Real Estate Commission.
We provide detailed monthly statements for each one of our properties to help our clients stay informed and assist in tax preparation. Included in our monthly statements is a year to date column, as well. View Sample.
We mail all original invoices to our clients at the end of each month for items paid during that reporting period.
We offer approximately 50 additional reports available via email to suit your needs. See a list of sample reports.
All of our employees are covered by a general liability (including employee dishonesty coverage), errors and omissions, and workman's compensation insurance policy. To obtain a copy of our certificate of insurance contact our office.
We direct deposit our clients’monthly equity distributions on the last business day of each month. This provides for immediately available funds and eliminates the possibility of lost items in the mail.