Lifetime Condo Directors. Full Transparency or Biased Choices?
The Risks of Long-Term Leadership: Why Rotating Condo Directors Matters Are you so busy to vote in your condo? A few years ago, we owned a rental condo unit in …
Revamping Condo Contractor Selection in Ontario: Transparency vs. Bias
A Simple Solution to the Condo Service Industry’s Problem One of the biggest problems in Ontario’s condo management industry is favoritism in contractor selection. In most cases, the pre-selection process …
Condo Board Directors Problems & a Condo Business Intelligence Solution
CondoBI (Business Intelligence) including Condo GPT, Condo Fair Tender and Condo Social web resources is a virtual community that collects and analyses Condo Statistics, provides information on the Best Prices …
Invisible Monopolization of Condominium Management Market. How does it Influence Condo Management and Other Services Market and Condo Fees
How condo management services market monopolization could influence condo services market, condo expenses and market values? In the world of high-rise living, a seismic shift is needed to disrupt the …
Call for Changes: The Situations When Bill 106 and the Condo Act Cannot Protect Condo Owners Interests Effectively. Biased Pre-Selection Process of Contractors in Conditions of a Potential Conflict of Interests.
Attention, bad condo management practice! Closed tenders, favouritism, inflated prices, censored board meetings minutes, and condo directors bullying are not discoverable and not controllable with the current condominium regulation and …
How Much Does Bullying of Condo Directors Cost to Condo Owners
There are many cases in Toronto & GTA when condo management systems creates power dynamics that contribute to bullying. Directors may vie for control and influence over decisions, leading to …
How to save condo owners’ money mitigating the highest risks
Managing risk is a crucial aspect of daily operations for condominium. As a business entity, the viability of a condominium and condo owners expenses depend on its ability to effectively …
Self-Managed vs Professionally-Managed Condominiums. 98 % of Toronto & GTA’s Condos Could Spend Less to Maintain a Better Property Value
Based on Condo BI comparison of condo fees and market values of self-managed condominiums and condominiums managed by condo-management companies are very different. Surprisingly, those indicators do not depend on …
The Condo Game and How to Play it
Foggy Mystic or well defined rules? As we have already mentioned for multiple times it is a big question, why condo fees in Toronto are much higher than in Quebec …
Unveiling the Mysteries Behind Condo Fees in Toronto & GTA: Trends, Anomalies, and Unanswered Questions
It’s commonly believed that condo fees should increase as a building ages and decrease as the number of units within the building grows. Although this concept holds logical merit, recent …