What Makes Strata Managers Different From Building Managers And Property Managers
Commercial properties need efficient property maintenance to ensure that everything is in proper order. Most of these properties, like apartment buildings, retail centres, and caravan parks, belong to the strata scheme. But strata properties can be challenging to manage. It is the reason why the property owners hire strata building management services to focus on the important tasks in building administration.
But the role of strata managers is relatively different from building managers and property managers. To understand their roles properly, here are the differences between these three jobs.
Roles Of A Strata Manager
Most properties under the strata scheme have a designated strata manager to oversee the maintenance of the establishment. Also called the body corporate manager, they usually perform the daily duty of managing the building and make certain that the strata comply with all its legislative responsibilities.
Some of the most crucial duties and responsibilities of a strata manager includes:
- Creating and managing building maintenance procedures
- Get hold of quotes from repair services and maintenance for the property’s common areas
- Supervise all contractors to make sure the necessary standards are regularly met
- Observe and monitor the building’s security systems
- Regulate the entrance and exit of all furniture and goods inside the property
- Record the registered plans, strata roll, by-laws, and correspondence
- Comply with the state’s strata scheme by-laws all the time
Roles Of A Building Manager
Building managers are usually called facilities manager, caretaker, or resident manager. They are often appointed by the strata manager or the property owner.
Most of the time, building managers have different functions than the strata manager. Some of their common tasks include:
- Sending authentic invoices to the strata manager for updated payments
- Coordinating and supervising the contractor’s onsite services
- Preparing communications and notices for the tenants and posting it to the noticeboard of the property for everyone to see
- Conducting regular assessments of capital works fund
Roles Of A Property Manager
Generally, property managers work as part of real estate agencies. They serve as the mediator between the landlord and the tenant. They also manage residential tenancies.
One of the major duties of a property manager is to look for suitable tenants. They also market the property and collect the rents.
The common property manager’s roles and responsibilities include:
- Regularly inspects the property
- Manages move-outs, evictions, and bond evaluations
- Handles repair payments and insurance claims as the owner’s representative
- Organise the repairs and maintenance of the areas outside the common spaces
Why Hire A Strata Building Manager?
Property owners are not exactly strata experts. It is the reason why they mostly rely on strata managers for the advice and suggestions in managing and running the property.
New advancements in property management also made the job of managing strata more complicated. Today, strata managers have to deal with taking care of the different building features that were not around in the past. It is why strata managers need to go through regular training and updates to keep up with the times.
If your property needs a person for the most suitable strata building management, you need to find one with all the necessary skills and qualities needed to run the strata. These people can be relied on to handle the management of the strata scheme properly. Fortunately, Sydney has exceptionally good strata managers who you can rely on all the time.