5 Secrets to Improve Condo Management

Being the trustee of a condo is not a task for anyone. It takes care of the maintenance of the building, control the finances, issue reports, manage people and various tasks. In addition, it is important to listen to the demands of the residents and turn them into actions that benefit everyone.

5 Secrets to Improve Condo Management

In order to achieve good administration, the liquidator must take into account several factors. And, it was thinking about your difficulties, that we separated 5 simple tips that will help you in the management of condominium. Check out:

1. MAINTAIN GOOD COMMUNICATION AND RELATIONSHIP

To achieve a better management of condominium it is important to have attention to the relationship with residents and owners. Listen to their demands with patience and attention, seeking to understand the motive behind each of the requests. Assess the feasibility of putting the request into practice, always thinking about the common welfare.

Also, get feedback from residents on their work and what can be done to improve. Also communicate clearly all condo rules and why each change is made. That way you will be able to maintain a good relationship with the residents, guaranteeing the satisfaction of all.

2. HIRE GOOD PROFESSIONALS

Invest in improving your recruiting and selection skills to find the best professionals. You must ensure the qualification of these employees, so that they are in line with the rules and guidelines of the condominium.

Also consider hiring a outsourced service provider. Depending on your demand and the specific needs of your condo, this type of company may be the best solution for accomplishing the tasks with excellence and lower costs, especially when it comes to decorating and remodeling.

3. INVEST IN QUALITY SAFETY AND LIGHTING

Ensuring the safety of condominium residents is one of their duties as a trustee. For this, train your employees and communicate the residents about the rules of the building. In this way, they can act as partners in their own protection.

Also, use the technology to your advantage! Invest in cameras and monitoring equipment to monitor and record activities in the common areas of the condo. Also take care of the lighting of the building and common areas. Quality LED bulbs, for example, brighten the environment better, preventing the actions of malicious people.

The Reflector LED with Presence Sensor also becomes a good option to invest in security, since it is only triggered when there is a movement (it can be of person or vehicles).

4. ORGANIZE DOCUMENTATION AND FINANCES

The administrative and financial part of a condominium is one of the most complex. To improve this management, try to organize and keep the documents up to date. Keep them in a safe place so that only authorized people have access to this information.

Seek to understand more about legislation regarding condominiums to fit contracts and documents. You can also use technology tools to manage your finances more efficiently, such as software or spreadsheets. These records will make it possible to plan investments and control the reserve fund more efficiently.

5. BE ACCOUNTABLE FOR YOUR CONDO MANAGEMENT

To increase the reliability of your management, invest in accountability to residents on a regular basis. Demonstrate all condominium expenses and income, justifying the higher costs such as retirement  and emergencies. That way, you ensure the transparency of management and avoid unreasonable criticism from the owners.

With these tips you are ready to improve your condo management and ensure the satisfaction and well-being of the residents. Want to stay inside other content like this?