A strata manager, also known as a property manager or body corporate manager, is a professional who is responsible for managing and overseeing the operations of a strata scheme or community title development. Here are some of the benefits of having a strata manager:
Expertise and Experience: Strata managers are experts in their field, and they have extensive knowledge of strata schemes, community titles, and other related laws and regulations. They have experience in managing common property, dealing with maintenance and repairs, and handling disputes and conflicts that may arise within the community.
Time-Saving: By hiring a strata manager, property owners can save time and effort in managing the property. Strata managers take care of all the administrative tasks related to the property, such as collecting fees, paying bills, and maintaining records. This allows property owners to focus on their other priorities.
Financial Management: Strata managers are responsible for managing the finances of the property. They create and manage budgets, collect fees and contributions, and ensure that all expenses are paid on time. They also keep accurate financial records and provide regular reports to the property owners.
Maintenance and Repairs: Strata managers oversee the maintenance and repairs of the common property. They ensure that all repairs are carried out promptly and efficiently, and they supervise any contractors that are hired to do the work.
Dispute Resolution: Strata managers are trained in conflict resolution and are experienced in dealing with disputes that may arise within the community. They can mediate between parties and help to find a mutually agreeable solution to any conflicts that arise.
Overall, a strata manager can provide valuable expertise, time-saving services, and effective management of the property’s finances, maintenance, and disputes.