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• Permitting & application processing
• Toll free phone number for new requests • Application package forwarded to requester • Application review and processing • Negotiation of rental fee at fair market value • Preparation and execution of necessary documents
• Complete billing, collections and recovery of real estate agreements and property encroachments. • Complete inventory of existing leases, including one-time easements and confirm revenue of each crossing and encroachment. • Thorough inspection and confirmation of uses of each crossing encroachment by determining pipeline width, power line kv rate, telecom pair/facility use and any other means of revenue generated by companies on right-of-way. • Research one-time easements to determine if lessee is generating revenue other than provided in original easement. • Re-negotiate leases to provide revenues that are more in line with current market value. • Market right-of-way and excess real estate to utilities. • Assist in appraisal of real estate revenues versus potential during acquisition process of new railroad properties. • Implement permitting and application process for existing and new leases. • Hi-rail and review Railroad property to ensure accurate inventory.
• Omega recognizes that each Railroad's situation is unique. For this reason Omega is able to tailor our services to fit each Railroad's specific needs.
• Smaller staffed Railroads utilize Omega to coordinate every aspect of real estate management, while others utilize specific services to compliment the already existing real estate department.
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