Thursday 11 January 2018

7 Things To Look For While Hiring A Strata Manager


Strata management is all about dealing day to day operation and management of property that is jointly owned by multiple holders with some portion of property having individual ownership. This type of ownership is widely popular in Australia. This has necessitated the need to hire services of strata manager to deal with complicated issues. Choosing any strata manager requires due care and awareness of a strata management company’s reputation. Here are a couple of things to look for while going for a strata manager:

Experience
Experience ensures reliability of a strata management company. An experienced professional is able to handle varied issues in an effective way. This enhances credibility.

Good interpersonal skills
Sound interpersonal skills ensure unambiguous communication between manager and a client. This leaves no room for errors or mistake.

Sound knowledge of law and Compliance

There are separate legal and regulatory provisions relating to strata title ownership and management which are to be mandatory followed under Australian legislation. This necessitates requirement of strata managers to have a sound knowledge of all the legal compliance and procedures to be followed. He is expected to handle all the legal queries of the clients.

Competitive fees
With growing popularity of Strata title holding in Australia, Sydney strata management companies are rising fast. Increasing competition and high demand compels them to provide high quality services at competitive prices. A strata manager is therefore, expected to provide high quality service at competitive prices.

Effective response mechanism
A strata management  services company is expected to practice highest standards of profession. Strata manager is accountable for all the matters dealing with strata title holding and management, including maintenance works. Issues may arise anytime and strata manager is expected to provide quick response on the matters dealing with his services. He should be accountable for his actions and any decision influenced by his consultancy.

Sound managerial skills
One of the core jobs of a strata manager is to handle the matters relating to common property. Common property is the one used by all the strata title holders in an apartment or a flat whose title is jointly held by strata title owners such as stairs, exterior walls of an apartment etc. Any maintenance issues or dispute relating to common property is to be handled by strata management for which good managerial skills are important.

Dealing with the by laws
By laws are not mandated by state or any government authority but formulated by owners corporation for smooth functioning and decision making. By laws tend to resolve any conflict that arises in owners corporation. Some model by laws are set up by Sydney legislation to adopt. Sydney Strata managers has this task of assisting in formulation of by laws and clear interpretation of the same.

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