Effective vendor management for strata corporations

2020 events are continuing to affect corporation budgets. Increased expenses, late corporation dues and other issues are impacting a lot of communities. Has it affected your budget?

Did you know that malfunctioning supply hoses for your washing machine can result in some of the most common water damage claims filed by homeowners? Water can discharge at a rate of up to 500 gallons per hour, causing devastating losses to your home and any adjacent units.

Smoke alarms can help save lives. When a fire occurs, smoke spreads quickly, silently, and without warning. Did you know that 60% of fire related deaths occur in homes without smoke alarms or in homes with smoke alarms that don’t properly function?

Safety is everyone’s business. But it is of particular importance to strata management companies and council members. A secure strata means a happier and safer community, and that is what is most important to owners and residents.

A strata management company never wants to find itself in the midst of an emergency, but it can happen anytime and anywhere. Whether you face an outbreak of illness, earthquake, or a flood, the impact of any devastating event can be minimized if your council has prepared for it. No doubt, your council meetings are already chock full of agenda items, but it’s important to make emergency preparedness planning a priority.

We will all need a measure of patience as we navigate changes related to the pandemic. Communications may move at a pace that’s different than we’re used to. As always, the best policy is to assume positive intentions from others, listen carefully and respond professionally.

As strata managers begin their inspection, they note the necessary repairs for winter damage as they make their rounds through the community.

Not all strata managers have what they need to give you great service. Learn what it takes to be a great strata manager.

You want your strata to be successful. All council members do. You know that means watching the finances carefully and maintaining the property. But do you think about effective strata council communication as an ingredient in your recipe for success? It is!