Our Specialized Services Identify Areas in Need of Better Pricing and Quality

One service offering that truly sets FirstService Residential apart is our Value Engineering™ service – an innovative, cost-saving initiative that is perhaps the most unique and important service we offer. This service is so valuable to our clients that we provide it at no charge to our Florida associations and communities as part of our standard service solution.  

Value Engineering significantly impacts your bottom line by lowering your costs and improving the overall performance of your operations. Here’s how it works: Our Value Engineers, all Florida property management industry experts, will conduct a line-by-line review of your financials, vendor contracts, utilities and operations to identify areas where you can receive better pricing and service from your third-party suppliers. Their goal is to find ways to dramatically reduce your costs, improve service and discover what is working well – and more importantly, what is not.  

Armed with this knowledge, we can leverage our strong relationships and purchasing power with banks, utilities and vendors throughout Florida to reduce your current costs and improve the quality of your current services. If you’re paying a vendor too much, we’ll find you a lower price. If you’re not earning enough interest on your accounts, we’ll secure the best rate. Our goal is to ensure that you receive high quality and low prices for every third-party service your community uses. Our many years in property management afford us the expertise and resources to offer you uniquely customized services.

Our Value Engineering services include:

  • Benchmarking
  • Leveraged buying
  • Preferred banking
  • Insurance review by our affiliate 
  • Supplier/contract audits
  • Utility audits
  • Forecasting cash flow

For more information about our proprietary Value Engineering™ service or any of our other unique services, please contact FirstService Residential in Florida.  

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