The OC That Made 3 Wrong Turns When It Came To Choosing A Body Corporate Management Company

The OC That Made 3 Wrong Turns (2)

We helped this Body Corporate choose and appoint a trustworthy, dependable, and professional owners corporation management company.

We had a Committee come to us in May’18. The Committee was a bit weary and it took us a while to win their trust before they decided to work with us. The building/OC in Melbourne’s trendy inner-north had already been through a succession of 2 different companies and were now with the 3rd company…

Company 1

The 1st company they appointed was a long-established management company based in the Melbourne CBD however the assigned portfolio manager had been involved with the embezzlement of funds.

Company 2

The 2nd company was a local franchise operator who wasn’t ‘cutting the mustard’.

Company 3

With the 3rd company, the Committee undertook due diligence by interviewing the manager. He was by all accounts an affable and competent manager however the problem was that he retired soon after. The business was taken over by the son who operated the business out of a home office. He turned out to be not as friendly or professional but rather rude and abusive. Not only that, the advice from Strata Community Australia (Vic) to the Chairperson was that “females should NOT be alone in the room with this guy”….. !

Strata Consultants РQualified & Approved Management Companies

So how it came that the Committee contacted us. We sat down with the Committee Members and listened to their concerns. We advised them on the contractual situation with the incumbent manager and how best to give him notice of termination. We arranged and paid for a courier to collect the books and records from the home office of the outgoing manager.

 

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The Committee was relieved when we emailed them a photo of their books and records, keys, and bank cheques (these documents sat in our office for a weeks as the Committee definitely did not want to rush into appointing another company this time around). We put together a request for proposals and presented the Committee with 3 companies that we know, trust, and can stand behind. We accompanied the Committee Members to the offices of the 2 companies that they elected to meet and interview. The successful Qualified & Approved Management Company took over and assumed management in early August 2018.

We took satisfaction that the Committee and building are now in good hands, this was the feedback from the Chairperson:

“I know I can speak for the Committee in stating just how pleased we are with the professionalism and services of our new manager.”

 

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Time to Change Body Corporate Management Company But Not Sure How to?

Strata Consultants Melbourne has been helping and guiding Committees on how to change owners corporation management companies since January 2014. We guide you through the process of changing body corporate management company and everything is done according to the body corporate rules and regulations. Speak to a Strata Consultant about changing owners corporation managers on 1300 917 848.

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