Share of households living in condominums by census metropolitan area (CMA), 2016
Maintenance Fee does not match to a Quantity and a Quality of Services.
Because such expenses as repairs, replacements are not always financially efficient and
actual replacements performance is not always controlled by the Board and even a Property
Manager.
The services prices are not transparent, the choice of service providers
is very narrow and sometimes, biased. As a result, maintenance fee
growth outperforms inflation in times.
Condo Owners are separated and cannot discuss anything openly.
There is next to impossible to discuss Condo Services, Project Prices and
Condo Problems within the building or exchange the experience with
other Buildings, when people need it.
The Board of one building cannot
share its opinion with another Board to get an efficient solution.
As a result, the problems are not resolved on time in efficient manner.
Condo services prices are not transparent, service providers’ reputation is not
always verified.
Absence of opportunity to make a decision based on a fair open
tender in a competitive environment.
As a result, restricted choice of service
providers and not always the best prices and a quality of services.
is to provide Condo Services Market Prices Transparency and Comparability, to publish the information about the Best Condo Management Practice to follow and get a list of
the Best Condo Management Companies and Managers recommended.
the network, to connect Condo Owners with each others and make connections between thee Boards through private, internal and external channels of
communications inside and between Condos.
tendering platform is to connect condo Directors, Owners with the Best Condo service providers. It is innovative way to hire companies or employees. The platform is dedicated to open equal l access to Condo Services Market for all qualified Service Providers, and improve Condo Services Quality and Prices.
