{"id":105,"date":"2020-08-26T16:40:31","date_gmt":"2020-08-26T16:40:31","guid":{"rendered":"https:\/\/blog.blueprintmanagement.ca\/5-fashion-stories-from-around-the-web-you-might-have-missed-this-week\/"},"modified":"2021-01-08T19:30:15","modified_gmt":"2021-01-08T19:30:15","slug":"hiring-a-condominium-management-company","status":"publish","type":"post","link":"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/","title":{"rendered":"Hiring A Condominium Management Company"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"105\" class=\"elementor elementor-105\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-76a6a868 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"76a6a868\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3e94bc6b\" data-id=\"3e94bc6b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-67397c31 elementor-widget elementor-widget-text-editor\" data-id=\"67397c31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"entry-content\"><div id=\"et-boc\" class=\"et-boc\"><div class=\"et-l et-l--post\"><div class=\"et_builder_inner_content et_pb_gutters3\"><div class=\"et_pb_section et_pb_section_0 et_section_regular et_pb_section_first\"><div class=\"et_pb_row et_pb_row_0\"><div class=\"et_pb_column et_pb_column_4_4 et_pb_column_0  et_pb_css_mix_blend_mode_passthrough et-last-child\"><div class=\"et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light\"><div class=\"et_pb_text_inner\"><h2 class=\"_3f-vr _208Ie blog-post-title-font _19AEJ _6Xxhi _2QAo- _25MYV _6RI6N tFDi5\"><strong>Common Management Issues<\/strong><\/h2><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">These are some of the issues that start to become bigger problems over time:<\/p><ul class=\"_2PG9L _3YdDb\"><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Poor communication.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Lack of visibility\/transparency.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Deferred or missed maintenance.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Poorly tracked maintenance requests, if at all.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Lack of experience with project management.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Unhappy owners and board members.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Poor follow through of requests.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Major events missed such as AGM\u2019s or inspections.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Mismanagement or poor financial planning.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Unable to answer questions about financials.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Vendor or employee mismanagement.<\/p><\/li><\/ul><h2 class=\"_3f-vr _208Ie blog-post-title-font _19AEJ _6Xxhi _2QAo- _25MYV _6RI6N tFDi5\"><strong>Qualifying the Right Company<\/strong><\/h2><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">Feelings of uncertainty and frustration is quite common and expected when making that decision to change management. The last thing you want is to hire the same mistake again! How can this be avoided?<\/p><div class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">\u00a0<\/div><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">Below we have some tips for you to consider when deciding to hire a management company:<\/p><ul class=\"_2PG9L _3YdDb\"><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Is the manager and management company easy to approach?<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Do you feel comfortable with how they present themselves as a professional?<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Who will be assisting with your building and how many properties are they currently managing?<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Does the company have support and structure in place to assist your assigned Manager? What is it?<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Ask for references and make contact.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Engage professionals and other corporations for their opinion.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Is the management company proactive on educating themselves with current changes? Test the company by asking questions about new regulation changes.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Is the management company current on technology and looking forward? Are they able to provide full and honest transparency and accountability or proper communication with both the board and its community members?<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">What do their monthly financial statements look like? Ask for a sample copy to ensure that they are easy to follow and understand and provide all the required information.<\/p><\/li><li class=\"_1BJwx _208Ie tFDi5 _3G_TD _3XFe6 _2QAo- _25MYV _6RI6N tFDi5\"><p class=\"_208Ie\">Does their contract lay out the duties of both the manager and board in an easy to read format that does not hide important information or costs? A clean and honest contract will allow the board to easily negotiate and opt out of items should they feel the need to.<\/p><\/li><\/ul><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">The industry has had years to work towards providing the best value and service standards to its ultimate clients, the homeowners, and this has simply not happened. Now, the government is releasing changes to the Alberta Condominium Property Act and Regulations to improve and implement controls. What remains from these changes at this moment is Condominium Management licensing and a tribunal system. More is required and we expect these will not be the last. What you want to look for in your prospective management company is where they have set their bar. Are they operating at the bear minimum or do they have best practices and processes in place to facilitate effective and consistent growth and governance opportunities with current and long term strategies?<\/p><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">Select multiple companies and create a list of what you want your management company to do for you and compare their value, resourcefulness and expertise for a successful corporation that an ownership base will be proud to be a part of and an envy of others.<\/p><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">As a final word, for some additional tips, see our article on vendor management that will assist you and your board to ask your \u201cwhy\u201d and to create and set those expectations.<\/p><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">If you enjoyed this article and have any topics that you would like us to research and share, reach out to us as we are always happy to educate our fellow condo community.<\/p><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\">Blueprint Condominium Management Inc.<\/p><p class=\"XzvDs _208Ie tFDi5 blog-post-text-font blog-post-text-color _2QAo- _25MYV _6RI6N tFDi5\"><u class=\"sDZYg\"><a class=\"_2qJYG blog-link-hashtag-color _3Sq3W\" href=\"http:\/\/blueprintmanagement.ca\/\" target=\"_top\" rel=\"noopener noreferrer\">blueprintmanagement.ca<\/a><\/u><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Common Management Issues These are some of the issues that start to become bigger problems over time: Poor communication. Lack of visibility\/transparency. Deferred or missed maintenance. Poorly tracked maintenance requests, if at all. Lack of experience with project management. Unhappy owners and board members. Poor follow through of requests. Major events missed such as AGM\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[48,54,46,44,59,47,56],"tags":[],"class_list":["post-105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-condo-living","category-lifestyle","category-news","category-real-estate-news","category-real-estate","category-support"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hiring A Condominium Management Company - Blueprint Management<\/title>\n<meta name=\"description\" content=\"Feelings of uncertainty and frustration is quite common and expected when making that decision to change management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hiring A Condominium Management Company\" \/>\n<meta property=\"og:description\" content=\"Feelings of uncertainty and frustration is quite common and expected when making that decision to change management.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Blueprint Management Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-26T16:40:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-08T19:30:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blueprintmanagement.ca\/blog\/wp-content\/uploads\/2020\/08\/house-5148865_1920-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/blueprintmanagement.ca\/blog\/#\/schema\/person\/62cd1a8aca7d22ccbddb8683a4535318\"},\"headline\":\"Hiring A Condominium Management Company\",\"datePublished\":\"2020-08-26T16:40:31+00:00\",\"dateModified\":\"2021-01-08T19:30:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/\"},\"wordCount\":573,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blueprintmanagement.ca\/blog\/wp-content\/uploads\/2020\/08\/house-5148865_1920-1.jpg\",\"articleSection\":[\"Business\",\"Condo Living\",\"Lifestyle\",\"News\",\"Real Estate\",\"Real Estate\",\"Support\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/\",\"url\":\"https:\/\/blueprintmanagement.ca\/blog\/hiring-a-condominium-management-company\/\",\"name\":\"Hiring A Condominium Management Company - 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