Part 2 - Changing Managing Agents - Top 10 Things to Consider 5. The Size of the Property Manager’s Portfolio There are very well-known and successful firms of block management firms out there which seemingly do quite well out of the claims that they restrict their property managers’ portfolio sizes to, let’s say, 10 blocks/estates. This
Part 1 - Changing Managing Agents - Top 10 Things to Consider - Costs The Standard Management Fee It is not acceptable nowadays for a firm to bill their management fee in any way other than a set fee per unit. If the agent you have or are considering moving to charges a percentage of
Typical service charge complaints and a little advice for home-owners 1. My service charge is too high! We are all conscious about costs and home-owners who pay service charges will want to see that their agent is regularly testing the market in order to deliver routine services. Some agents are not working hard enough to get
As a Block Manager, I am fond of ARMA. It is an organisation that, on the whole, has stood up for the interests of managing agents in a challenging industry. ARMA promotes good practice and does, to some extent, raise the bar for those involved with the management of blocks of flats. The well-attended ARMA