Are strata title management worth it?

Do you want the ultimate property management for your strata property? Strata title is a legal ownership for the property proprietors who own an individual plot or measured portion in a multi-unit building. Owning strata properties in Sydney can be most profitable for one who knows how to manage and maintain them.

In this context, we will be learning how strata properties can be managed and all about the strata companies!

In the article:

• What is a strata company?
• Quality of a strata agency
• Things to check before hiring a strata company
• The bottom line

What is a strata company?

A strata company is the type of public or private agency that provides property management and maintenance services for strata title buildings. They have professional strata managers or body corporates who perform various tasks to look after strata buildings.

Quality of a strata agency

• A good strata company has depth knowledge and wide resources. Professional strata management companies have staffs who work in different fields for property management such as building cleaning, technology maintenance, asset control or accounting, etc. They provide personalized services under your preferable budget.
• Good communication and active response. An expert strata team never avoids an open conversation with the clients. They will attend to your calls and resolve any issues and queries related to strata management projects.
• They provide excellent customer service. Some of the companies also have concierges to provide 24/7 calling service for communication with the clients whenever they need.
• A genuine and reliable strata property management company will stay transparent with its clients. They will answer all your queries and disclose their work procedure, finance controls, etc. Ask questions to your property manager to check their authenticity and trustworthiness.
• Expert strata managers will listen to your demands, need, and service expectations to provide personalized and suitable service. They will never fear talking to you openly.

Things to check before hiring a strata company

• License! An administrative permit or legal license ensures that a person is capable and responsible to perform tasks regarding strata properties and businesses.
• Experience or past work experience! We have to check past work reports, feedbacks of previous clients, and experience certificates to confirm the eligibility and expertise of strata managers.
• Qualification! Yes, we need to ensure the qualifications of strata managers before hiring them for our strata title properties. A body corporate manager should have optimum education and knowledge to understand legal, legislative, and subjective matters of strata title management.
• Fees! One of the most important factors to look before contracting with strata management groups. We need to discuss the budget, funding, and fees to avoid future disputes and risks.

The bottom line

Owning a property to make some extra money can be beneficial. There are numerous strata managers and expert teams who handle and manage strata properties, buildings, and premises on behalf of the landowner in exchange of certain fees. Strata corporates are the professionals who have license and administrative permission to provide strata services such as management of assets & belongings, accounting matters, facility maintenance etc. Strata title management in Sydney is a worth because it helps to control building asset, lifespan, and other activities swiftly.

Progressive Strata Service is the sydney strata specialists who has been working for more than 20 years with passion and experience in Sydney and its nearby areas.