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About Property Concepts Inc.

We are association management experts dedicated to serving the communities.

Property Concepts Inc.

Founded in 1986

Founded in 1986 by William Satrom, Property Concepts, Inc. has built its reputation as a trusted, locally-owned association management company in Washington. With decades of combined experience among our team members, we specialize in comprehensive management services for condominiums, homeowners associations, and community associations. Our journey from our early days in Pioneer Square to our current West Seattle headquarters reflects our commitment to excellence and long-term relationships with the communities we serve.

Our Mission & Values

Our mission is to empower Boards of Directors with exceptional management services, ensuring operational effectiveness through proactive maintenance, transparent financial oversight, and strategic planning. We are devoted to fostering open communication, continuous improvement, and collaboration between our team and community stakeholders. At Property Concepts, Inc., we believe that every property has a unique story, and we are dedicated to writing the next successful chapter in that story by prioritizing quality, reliability, and personalized care.

Property Concepts Inc.

Our Expertise & Approach

At the core of our service is a comprehensive approach that includes full-service management, detailed financial reporting, proactive maintenance, and flexible consulting. We take pride in our ability to tailor our services to meet the distinct needs of each community. Our team is not only well-versed in the technical aspects of property management but also deeply committed to enhancing community living through innovative solutions and transparent communication. We are proud to say that this approach has allowed the company to manage many client communities for 20+ years of service.

Commitment to Excellence

Property Concepts, Inc. stands apart with a proven track record of stability and longevity in property management. Our proactive and collaborative management style ensures that every association, regardless of size, benefits from our expertise. From handling day-to-day operations to developing long-term financial strategies, our commitment is to maintain properties at the highest standards while creating environments that promote community well-being and sustainable growth.

Our Unique Approach to Property Management

We have a variety of management plans and styles that fit the need of all property owners.

Management Comparison

Property Concepts, Inc.

Average Property Management

Comprehensive Services

Full-Service Management & A La Carte Consulting

Customized Maintenance & Accounting

Detailed Monthly Reporting

Reserve Studies & Resale Certificates

24/7 Emergency Support

Basic Service Packages

Limited Consulting Options

Minimal Reporting

No Reserve Studies

Reactive Emergency Support

Expertise & Experience

Over 230 Years of Combined Experience

In-House Team of Specialists

25+ Years Managing Communities

Limited Industry Experience

Outsourced or Inconsistent Management

Short-Term Engagements

Communication & Transparency

Comprehensive Monthly Reports

Proactive, Collaborative Approach

24/7 Emergency Phone Service

Limited Reporting & Updates

Slow Response Times

Minimal Communication

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Well Recognized Property Management in Washington State

Providing professional management services since 1986 and diligently serving the greater Seattle area.

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