Many a seasoned mediator will tell you that that a large proportion of fiery disputes come about when emotion overtakes logic.
We have all experienced that feeling of being ‘wronged’ from time to time and no more so when we perceive that our valuable property asset might be under threat.
But, an even more alarming reality is the lack of attention often paid to understanding the facts when it comes to how that asset is being and should be managed.
While it is understandable that we take the view that our own individual unit or apartment is the only one that matters, what we often fail to see is the bigger, and equally financially important, picture on the emergence of this new lifestyle cohort.
Just ask a good strata manager. As the number of people living and investing in strata schemes in NSW continues to grow above the 2.5 million mark – and, with new state legislation in place to put contemporary parameters around this property sector – it is time for this expanding band of property owners to do their homework. Especially if this is a new lifestyle experience for you.
The requirement for expert strata managers has escalated along with the apartment and unit boom. Their extra workload, coupled with that lack of understanding about their role, often sees them in an unfair firing line.
Download our new guide here – OK, WHO IS RESPONSIBLE? – Top 10 Misunderstandings about Strata Management that affect your lifestyle and hip pocket
or here …
If you’re not happy with your current strata manager, we would be delighted to speak with you as soon as possible about your owners corporations goals. We can meet on site, take a tour of your unit block and discuss the best ways to go forward.