Almost half of condo owners feel that they don’t have enough communication from their condo board, according to Condo Information. How can you improve your relationship with your condo board to clear up miscommunication about fees, repairs, reserve funds, maintenance, noise, and other critical building issues? Here are a few things you can do:
1. Understand The Paperwork
Every condo board is governed by different rules and has a different structure. You can’t assume that your new condo board operates the same as your last. To make a good first impression, read up on the structure of your board. Also, look into any publicly available documents produced by the board to get a sense of their usual perspective on various issues.
You also need to look into the lease agreement and be sure you understand what condo owners can and cannot do with their property. Making a simple mistake that violates the lease is a good way to undermine your relationship with the condo board.
2. Get Involved
It’s hard for anyone to respond well in conflicts or to criticism if they feel that the other party isn’t really involved or isn’t doing their part. In order to show that you care about what’s happening at the board, get involved.
Always respond to their emails and notices promptly. Weigh in on issues, even those that don’t relate to you directly or that are not your top priority. Try to create consensus in any issue you’re involved in, and thereby prove you have valuable input that the board can lean on.
You can also try to get involved as a volunteer for events or initiatives that the board is running. One of the best ways to show you care is to give your time. This will help you develop a reputation as someone who cares and goes above and beyond for the property.
3. Communicate Effectively
It’s easy to get worked up over a dispute with the condo board, whether it’s about a noise complaint, a repair issue, or even a paint job. Even if you feel you’re not being heard or being treated unfairly, you can serve your interests best if you remain calm and state your matter clearly and without exaggeration.
There’s always the possibility that the condo board does not hear or act on your concern. If so, it’s important to escalate reasonably. Send stronger, written communication about your concern, particularly by email where you have a paper trail.
If you feel the conversation may devolve, it’s best to remove yourself from the situation and call in the help of a mediator. If the matter is dire, it’s much better to contact the board through a lawyer.
Conflict is abound in property management, after all, what matters more to people than their home or the place they do business? At Central Erin Property Management, we understand how to build consensus and resolve conflict in all types of property management issues
DANIEL KOLBER
BIO: With 20 years of real estate property management and asset management experience, Daniel and his team promise to deliver first class results with their property and condo management platform. Not only an experienced manager, Daniel is also a successful real estate investor via affiliate company TAKOL, and is Broker of Record at KOLT, Keller Williams Real Estate Associates, Brokerage. He earned his MBA at the Rotman School (1998, U of T).
TAKASHI YAMASHITA
BIO: Takashi is in charge of development and property management services. With over 20 years of real estate experience, he has a diverse background as an architect (Smith Carter Architects and Engineers Incorporated), a private equity developer (The Rose Corporation), and a commercial real estate lender (GE Capital Real Estate). Having served major public and private clients in the Toronto, London, Las Vegas, Berlin, Winnipeg, and Ottawa markets since 1995, Takashi now leads the Takol team of professionals in originating development, executing acquisitions, and implementing effective tenant solutions. Takashi holds a MBA (University of Toronto, Rotman, Dean's List), and a Master of Architecture (recipient of the American Institute of Architects Medal, Certificate of Merit). Takashi has a record of community engagement having served on national and local boards of art, cultural, and educational organizations for over two decades.
NEEL VENUGOPAL
BIO:
Neel has almost 20 years of well-rounded real estate experience, from acquisition and disposition to development, capital improvements, leasing, asset management and property management. As an Asset Manager, Neel supervised over $300M in assets with a major retail REIT, $250M in industrial and office assets with a pension fund and over $250M in residential assets with private equity. He earned his MBA from the Rotman School (U of T, 2006) and is a Broker and Vice President with affiliate KOLT Realty Inc., Brokerage.
KEVAL SEDANI
BIO: Keval is Vice President of KOLT Management Inc. Keval is a Licensed Condominium Manager as well as a Registered Real Estate Salesperson with KOLT Realty Inc., in Ontario. As a Property Manager, Keval has managed nearly 1M square feet of property in the Greater Toronto Area and in various other areas of Ontario. Keval has worked with numerous corporations, developers, owners, and boards of directors in all aspects of condominium management. Keval holds a Bachelor’s Degree from the University of Windsor.
SYED KAZMI
BIO: Syed currently serves as a Property Manager for Kolt Management. He has operations experience in residential apartments and condominiums, as well as industrial and mixed-use asset classes. He has managed high-volume portfolios in the GTA and surrounding areas. Syed holds a B.Sc. from McMaster in Biochemistry and is actively engaged in professional development through BOMI Canada.