By Alan Rosenberg
A.R. Consulting

a): Your Condominium’s Surface-Level
      Requirements

  • The Board’s responsibilities:
    The personalized needs of each different condominium corporation

b): Your Condominium’s Real
      Requirements

  • Cost-savings/economies of scale
  • Communication
  • Safety
  • Site Operations
  • Financial/administrative services
  • Condominium expertise, in-house resources
  • Accountability

c): Your Current Management: Can They
      Cut It?

  • How to assess them properly
  • When to stop trying

d): How To Assess The Competition

  • Site Inspections
  • References
  • Their experience in managing properties similar to yours
  • The interview process
  • Reputation, credibility

e): The Final Decision

  • Is the management candidate too large?
  • Is the management candidate too small?
  • Fees: what’s reasonable?
  • On-site managerial staff: what to expect, what to demand
  • Which is the best company for your condominium?


HOW TO BE THE CONDOMINIUM MANAGEMENT COMPANY SELECTED

The Answer

  • Be aware of the above, and make sure the potential client knows you’re aware of it



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