SELL HOUSES. HAVE FUN. GIVE BACK.
At Protea Real Estate, we are a team of dedicated professionals committed to providing exceptional property management services to our clients in the Dallas/Fort Worth area. With over 30 years of experience, our company has established itself as one of the leading property management companies in the region.
Our History
Protea Real Estate was founded in 1997 by the late Godfrey Traub, and since then, we have grown to become a trusted name in the industry. Today, we are proud to be led by Lawrence Traub and a team of experienced professionals who are dedicated to providing top-notch services to our clients.
Our Services
At Protea Real Estate, we offer a comprehensive range of services designed to meet the unique needs of our clients. Our services include multifamily property management, retail property management, office and industrial property management, homeowner association management, and real estate purchase and negotiation.
Our multifamily property management services include rent collection, lease administration, maintenance and repairs, marketing, and financial reporting. We also offer comprehensive due diligence services, which include property inspections, lease and rent roll audits, service contract reviews, and expert inspections.
In addition to multifamily property management, we also provide retail property management services, including tenant lease administration, rent collection, and maintenance and repairs. Our office and industrial property management services include lease administration, rent collection, and maintenance and repairs.
For homeowners associations, we offer comprehensive management services, including financial management, maintenance and repairs, and community management. We also provide real estate purchase and negotiation services, including property inspections, due diligence, and contract negotiations.
Our Mission
Our mission at Protea Real Estate is to provide the best service possible at a fair price. We strive to maximize the profitability of each asset we manage, while providing exceptional customer service to our clients. We believe in building long-term relationships with our clients, and we are committed to providing professional and efficient services that exceed their expectations.
Our Team
Our team at Protea Real Estate is comprised of experienced professionals who are dedicated to providing exceptional service to our clients. Our team includes licensed real estate brokers, certified property managers, and experienced administrative professionals who are committed to delivering top-notch services.
Professionalism and Management
The reviewers have praised the management team at Protea Real Estate, particularly Wee, for their professionalism, knowledge of the HOA space, and ability to address concerns. Sandra Martin has also been commended for her prompt correspondence and priority on tenant concerns.
Communication and Responsiveness
Many reviewers have emphasized the importance of communication and responsiveness in HOA management. They have praised Protea Real Estate for being responsive and prompt in addressing concerns, with some reviewers even noting that the company has been able to "work magic" in challenging environments.
Infrastructure and Maintenance
However, several reviewers have raised concerns about the state of the properties managed by Protea Real Estate. Infrastructure and maintenance issues have been reported, including poor road conditions, non-functioning street lights, and inadequate landscaping.
Discrimination and Corruption
Some reviewers have accused Protea Real Estate of discriminating against people of color. Additionally, accusations of corruption and incompetence have been made, with some reviewers reporting that the company hires low-level employees to perform maintenance and creates problems without solving them.
Poor Management and Financial Decisions
Several reviewers have criticized Protea Real Estate for poor management and financial decisions. They have reported being overcharged for rent, experiencing issues with maintenance and repairs, and being subjected to unpredictable rent increases.
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