Why it is Important to Join the Community of “Best Condo Management Practices”

A pre-sale process is expensive and time consuming, sometimes even frustrating

As the first step, your property management company needs:

• to understand which condominium is looking for a management company / or is going to replace a management company,
• to find right, condo directors that motivated and open for proposals and especially, for your proposal,
• to find contact information of condo directors,

And, condo directors need your company’s portfolio. They’re looking for people who are efficient and effective! So, it is important to create a a portfolio and a proposal that could show condo directors

why they need to select your company!

As the second step, your company needs to wait while condo directors will look for other companies proposals, results and compare those proposals. It might take so long time and in some cases it is a fruitless endeavor because, often occurs there has been little market research conducted before a process of selection begins which leaves room for bias on behalf of those who are conducting searches. They might even prefer to stay with a current company because of some new promises about improvements, condo managers’ rotation etc.