About CondoBI Canada Corporation
Discover our insights, our Business Intelligence solution and our Shareholders
The idea of Condo Business Intelligence was inspired by our personal experiences with condominium issues.
Our inquiries were abundant, especially regarding the Condo Maintenance Fee, which we saw increase annually by 4-8%, a stark contrast to the 1.5-2.5% inflation rate.
Additionally, a water leakage issue in our unit led to a quote from a Condo Servicing Contractor for a four-day repair costing $5000. Astonishingly, the owner resolved the issue in just an hour at a mere cost of $50.
Furthermore, unforeseen condo projects, such as garage waterproofing, presented significant challenges. One contractor quoted a staggering $1,000,000, which was approved by the Board. In contrast, alternative quotes of approximately $135,000 were dismissed.
- The absence of comparable service prices, a shortage of data on the financial efficiency of different condo buildings, and a lack of benchmarks for reference present significant challenges in maintaining optimal standards within the condominium sector.
- A notable gap exists in providing condo owners with an effective platform for open communication to discuss condo services, pricing, and issues within a building and across multiple buildings, involving both owners and boards. We are pleased to announce that our website, condo-social.ca, has been developed to address and resolve this communication challenge.
- The Condo Service market faces formidable entry barriers due to the limited access of Condo Service Providers to projects and contracts. This restricted entry hinders the establishment of an open market and healthy competition. Consequently, service prices and quality may not be the best for condo owners under such circumstances.
My experiences as a condo owner, investor, and board director have motivated me to seek a solution that fosters transparency and competition in the condo service market.
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Our website, www.condo-gpt.ca, promotes price transparency and allows condo owners and directors to compare condo fees across various condominiums. It also enables them to invite the most efficient condo management companies with proven results to implement their best practices
Our website, www.condo-social.ca, will facilitate actionable communication between owners and directors, provide urgent assistance, and improve the overall condo living experience.
Our website, www.condo-fairtender.ca, is designed to provide equal access to condominium contracts and projects for all qualified Condo Service Providers. It promotes tendering process transparency, fair competition among providers based on the price and quality of their services.
Natalia Goryacheva
Founder and President
CMA (USA) and CSOXE (Sarbanes Oxley Compliance Professionals Association)
with 20 years of Internal Audit, CFO, CEO and Management Consulting Practice.
I helped Private and Public Companies with Profitability Improvements, Fraud Prevention&Investigation, Risk Management Policy development, Cost Management and Recommendations for Business Improvements.
CondoBI Web Platforms Provide Equal Market Access for all qualified condo service providers to transform condo services market into pure competitive one. As the result, Condo Owners are going to get the best quality of services for the best prices. Service providers will get equal opportunities to elevate their revenues.
We believe that this virtual community is a Huge Power to Change Condo Owners Lives to Better!
Ihor Trokhimchuk
Chief Innovative Technology Officer
Co-creator of Condo-Social.ca platform, Founder of AFIVE Digital Agency. Experienced High Qualified Professional with a demonstrated history of working in the information technology and services industry.
I helped people to realize ideas into innovative software and successful and popular web platforms.
We believe a Powerful Condo Community will Help Condo Owners in Condominiums to communicate effectively inside of the building and between the buildings to Improve their condos Costs Efficiency to Make Condo Life More Comfortable and Enjoyable.
Communication, communication, communication is the most effective way to live peacefully and comfortably.
We trust our Great Virtual Community will empower Condo Owners
to Change Condo living to Better!
A great Team
of High Qualified Professionals
web developers, SEO professionals, software engineers
Get in touch with us
You want to get more from us, feel free to get in touch with us throught Contact us section.