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Hello
The Managing Agent looking after my complex is corrupt! She has the EC basically in her pocket and sadly because of the ignorance of the EC she gets away with blue murder. The most recent act that she did was to inform us at the AGM, under general Business, that her agency was being dissolved and that she had started a new agency and then asked for a vote to accept her new agency. All of the ‘cronies’ voted for her and two of them signed an agreement to appoint her agency as the ‘new managing agent’. I have consulted with the Minister’s Office and also the Office of Fair Trading and have confirmation from both parties that what she did was against the Strata Law (Section 27) and that the change of agents could not be part of ‘general business’ but had to be listed as an Agenda Item. The recommendation from the Minister’s office is that I call an EGM and have this listed as an agenda item. The Minister’s Office has given me guidance on how to write a letter to the OC informing them why this motion cannot be taken as a resolution however as you may guess, I want this agent to be dismissed and am in the process of seeking another agent. Since I have only just become part of the EC I am not 100% familiar with how the Managing Agents structure their fees. I have been told that it averages between $100 – $140 per unit and would like to get some information as to whether this would be accurate. The current agent is charging more than double these figures and basically does nothing for the money other than email accounts etc. The EC make all the decisions regarding repairs etc. and to be quite frank this agent is basically “getting money for jam”. She has befriended 4 of the EC members and they will not heed any warnings about her lack of integrity. I have managed to get some owners to see the light and want to have facts to present to the EGM so would like information on average costs for managing agents and what the agent is expected to do for these costs.
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