What are the benefits of having a strata manager?

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.

Author: Andrew Terrell

Andrew Terrell manages the Newcastle branch of Australia's most successful and respected strata agencies. Bright & Duggan are the Australian leaders in fully integrated strata and facility management services, with sites from the Mornington Peninsula to Port Douglas. With so much development in the Hunter, Port Stephens and Lake Macquarie region, Bright and Duggan are excited to now have on the ground presence in the Hunter region and a commitment to servicing the region and supporting it to create better communities. Our values are at the core of everything we do and we believe firmly in building partnerships based on transparency and trust. Bright & Duggan and Cambridge Management Services bring together deep experience, market-leading technology and effective communication to enhance the way in which communities operate and as a result, achieve amazing outcomes. Founded 40 years ago in NSW and managing in excess of 60,000 lots, Bright & Duggan is proud to service buildings and communities of all shapes and sizes, from 2 lots to over 1000. We understand that these communities are made up of people and not just bricks and mortar. We welcome the opportunity for a conversation. andrew.terrell@bright-duggan.com.au

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