Effective vendor management for condominiums

To be successful, a condominium community needs a dedicated board of directors who understand their roles and responsibilities and are committed to fair representation of the residents they have been elected to serve.

What are your property manager's responsibilities? Find out if they have what it takes. Upcoming Condominium Management Licenses and more.

If your condominium corporation is self-managed, you may think everything is going along just fine. But what you may not realize is just how much a professional condominium management company could improve your community and how much money it could save your corporation in the long run.

For board members, special assessments are typically unwelcome necessities. They are primarily needed because reserves have been underfunded and must be supplemented to pay for large capital projects such as replacing roofs or mechanical equipment.

As a board member, one of your top responsibilities is to maintain and improve your community’s physical property. But it can be tricky to budget for new amenities like a dog park or gate houses, or shared, common-area assets that will need to be replaced or upgraded years down the line such as roofing or building facades.

Comprehensive training gives your property manager the tools they need to support your board and resident needs, while creating operational successes.

At FirstService Residential, our mission is to make a difference every day for communities like yours, serving as your partner in its management, evolution and enhancement. It’s rewarding work that is built on strong relationships, grounded in our deep local market knowledge and strong industry experience.

What happens if the annual meeting date that is in the by-laws is missed? Can a cooperative or condominium hold a virtual annual meeting? Learn now.

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

Enhancing the lifestyle of your high-rise property requires starting at the top – the rooftop, that is. By taking advantage of this space to offer creative and imaginative condo amenities, you’ll not only increase property values, but you’ll also provide a gathering place for residents to relax and connect. Great rooftop spaces also have a way of infusing more resort-style living into your high-rise.