› Forums › Proxies – blind faith or good sense? › Committee member wants $21,450 to organise repairs › Current Page
The average cost of a professional strata manager is $250 per unit per annum. A professional strata manger will have some sort of training and professional indemnity insurance.
So for about four times what it would cost to get a professional to do the work, your owners are going to get an enthusiastic amateur with no training and no fall-back if they make a bad decision.
Sounds very dubious but then we have forgotten the golden rule in Queensland – nothing must be allowed to prevent anyone from making money out of apartment owners.
By the way – and this may answer the question on how this person came to such a specific figure – $21,450 a year is exactly $15 dollars per unit, per week for a year (plus GST).
More evidence, if it were required, that the figure has been plucked out of the air and bears no relation to any work that may be done.
And if you look at our thoughts HERE, maybe she’s already working on selling the idea on the basis of how little per week each owner has to pay.
