If your current strata manager isn’t meeting expectations, you’re likely facing unnecessary stress. From poor communication to inadequate maintenance, there are several reasons you might be considering a change. If you’re in Perth and contemplating making the switch, this guide is here to help you navigate the process with ease.
Steps to Change Your Strata Management Company
Identify the Issues
Before you can change your strata manager, identify the specific issues you’re facing. Is it poor communication, lack of transparency, or excessive fees? Having a clear understanding will help guide your decision in selecting a new company.
Review Your Current Contract
Check the terms of your current contract. Look for clauses related to termination, notice periods, and any potential penalties to ensure compliance. It’s important to take this step so you’re not blindsided by any unexpected costs.
Seek Approval from the Owners’ Corporation also known as the Council of Owners
Gather support from fellow owners. The Council of Owners is able to appoint the Strata Manager, however, typically, a majority vote of Owners is good practice to change the strata manager. Discuss the identified issues and outline the benefits of switching to a new management company.
Research and Compare Companies
Do your homework! Look for strata management companies with good reviews and a proven track record. Consider reaching out to Perth Strata Co. to discuss how our services align with your values and needs.
Interview Potential Candidates
Set up meetings with potential new strata managers to discuss your specific needs. Ask questions about communication frequency, transparency of fees, and their approach to property maintenance.
Make the Decision
Once you’ve done your research and consulted with fellow property owners, it’s time to make the decision. Choose a company that not only understands your current challenges but also offers solutions to improve the management of your property.
Terminate the Existing Contract
Follow the correct procedure outlined in your current contract to terminate the agreement formally. Send the necessary notices as required and ensure all legal requirements are fulfilled.
Transition to the New Company
Work with your new manager to facilitate a smooth transition. Provide them with the necessary documents and information to take over promptly. A good strata manager, like those at Perth Strata Co., will guide you through this process to ensure there’s no disruption in service.
At Perth Strata Co., we’re experienced in making transitions seamless. Our team is dedicated to providing tailored, responsive, and transparent management services that meet your specific needs. If you’re ready to switch to a more reliable and effective strata management company, contact us today!
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