As we head into the new year, many stratas are realizing that self-management is becoming harder to maintain. New regulations, rising maintenance costs, and aging buildings mean strata councils need more support than ever.
Switching to a professional management company can make a huge difference. Here are five reasons why:
Better Financial Management
Insurance costs continue to rise, and yearly budgets are becoming increasingly tighter. A professional strata manager helps with accurate budgeting, clear reporting, and long-term planning so your strata can avoid surprise expenses.
Quicker and More Organized Maintenance
From routine repairs to major projects, professional managers bring established vendor relationships, quicker response times, and structured maintenance plans. This keeps your building in better shape and reduces delays.
Up-to-Date Compliance
Regulations change often, and it’s difficult for self-managed stratas to keep up. A professional management company ensures that your bylaws, records, and meeting procedures comply with current requirements, thereby reducing legal risks.
Clearer Communication for Owners
Strata managers provide consistent updates, handle owner questions, and reduce the conflict that often happens when neighbours are responsible for managing each other.
The Perfect Time to Switch
The start of the year is an ideal time for stratas to transition to professional management. New budgets, insurance renewals, and upcoming projects can be planned properly with expert oversight, making the transition smooth and stress-free.
A fresh start in the new year with professional support can improve communication, reduce stress, and keep your building running smoothly. If your strata has been struggling with self-management, now is the perfect time to make the switch.
At Fort Park, we help stratas across BC transition to professional management with clarity, consistency, and long-term support.
Want to learn more about what that transition looks like? Contact us to learn how a proactive, experienced management team can make this your smoothest year yet.