Strata Managers – Conflict of Interest?

› Forums › The Professionals › Current Page

Create New Reply
  • Creator
    Topic
  • 28/04/2012 at 8:51 pm #8109 Reply | Quote
    defectdetective
    Flatchatter

      I am concerned with the potential for conflict of interest of strata managers. I am in a building where I believe this has occurred.

      In business, the best growth comes out of new business, not managing/providing support to an existing business, as is the case with internet/IT companies, although the ongoing support does provide a solid platform for steady earnings.

      This would be the same with strata management companies – to grow they would like to acquire new properties to manage, and the best source would be for developers who have already given management of new buildings. Given this, what is the strata managers’ incentive to support the owners/EC in conflicts with the developer in cases such as warranty litigation? In doing so they would lose any new business from the developers.

    • Creator
      Topic
    Reply To: Strata Managers – Conflict of Interest?
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

    You can use BBCodes to format your content.
    Your account can't use all available BBCodes, they will be stripped before saving.

    Your information:




    › Forums › The Professionals › Current Page