Categories: Uncategorized

Strata management is like an iceberg!

How is BC Strata Management like an iceberg?

What Strata Owners see on the surface is actually only a very small part of what goes on behind the scenes in the wild world of Strata. Behind the scenes, your management company, Strata Council, Building maintenance staff, vendors, etc. are all running around like chickens with their heads cut off!

Something as simple as obtaining 3 quotes for rebuilding a fence can easily chew up 15 hours between phone calls, emails, site visits, quote comparisons, obtaining owner approval, etc. Then you could easily add another 10 hours supervising the work, getting the payments sorted out, accounting for it, and dealing with any warranty issues!

Of course the owners NEVER see this work…they may see the contractors out there working on the fence, but unless you have ever worked in the industry or volunteered for a strata council position, you really couldn’t be expected to understand how much time even the most trivial of tasks can take. The countless amount of emails and phone calls required to coordinate things can really add up!

There are many, many examples in the strata world, so it’s important to understand time is NOT infinite, and it’s always good to pick your battles so you spend that valuable time on the important things.

Remember that strata management is like an iceberg, and what lies beneath the surface is far greater than what you can actually see!

If you’re looking to tackle some strata icebergs, but aren’t quite sure where to start, please reach out to us here today!

Chris Stepchuk

Recent Posts

How to crack into the strata management industry for new licensees

What can I do as a newbie to break into the strata industry? So you’ve…

3 days ago

Self-Managed Strata in Vancouver: The Best of Both Worlds?

Condo living in Vancouver is how most of us live. Whether it's a townhouse or…

2 weeks ago

What does a Strata Manager’s typical day look like?

A day in the life of a Strata Agent I get asked all the time…

2 weeks ago

We just had our depreciation report completed and are grossly underfunded. Now what???

As you probably know by now, depreciation reports are now mandatory in BC, and all…

3 weeks ago

Why many management companies don’t want to manage small strata properties

For those who live in a smaller/ medium sized strata communities (under 100 units), it…

1 month ago

Why do property management companies get such horrible Google reviews

If you’ve been searching for Strata Management Services, then there is a good chance you’ve…

2 months ago