Condominium owners must decide whether to form a condominium association management committee of condo owners or to retain a professional condo property management company. There will be arguments for and against each option as condo owners will have different opinions on how their property should be managed. Professional management almost always wins.
Benefits of Professional Condo Property Management:
Experience and expertise with common condo community needs.
Knowledge of the best sub-contractors to hire for condo needs that may include security, landscaping, snow removal/salting, vent cleaning, roof and street maintenance. They may also have access to discounts as they hire the sub-contractors for more than one community.
Every condominium will have its guiding rules. It can cause conflicts for neighbors to enforce these rules so it is much easier handled by an outside team. An outsider is also less likely to develop bias against certain condo owners and is therefore more likely to treat residents equally when handling complaints. A professional team also knows the proper protocol in sending letters and warnings for an issue.
Things will inevitably break down or wear out at the condominium. Hiring professional condo property management means that it is their job to handle maintenance and repair issues in a timely and competent manner.
There are often personality conflicts and politics at play when a community association tries to handle the job. A professional management company will have management and staff in place to handle tasks in a professional way, while trying to maintain peace among owners.
Condo property management companies are well versed with local, state, and federal condo legal regulations. The company will be able to help guide the community on important rules on topics such as re-development, environmental impact, and waste management.
In most case, hiring a professional condo property management company makes a lot of sense for the community.
Son-Rise Property Management is a full service property management company located in Bellingham, WA. Contact us today to see how we can help you find the perfect home to rent or manage your property.