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Natalia Goryacheva CMA (USA) - CondoBI Canada Corporation https://condobi.ca/news/author/nataliagoryacheva/ Our solution is designed for YOU! To make Condo Owners happier, Condo Life better and more affordable Thu, 24 Apr 2025 12:33:20 +0000 en-CA hourly 1 https://wordpress.org/?v=6.9.4 https://condobi.ca/wp-content/uploads/2020/05/cropped-cropped-logo-condoBI-Canada-corporation-512x512-1-32x32.gif Natalia Goryacheva CMA (USA) - CondoBI Canada Corporation https://condobi.ca/news/author/nataliagoryacheva/ 32 32 Condo Owners or Silent Servants? When Conflict of Interest Takes Over https://condobi.ca/news/condo-fairtender/internal-audit-is-a-fast-way-to-unveil-and-mitigate-hidden-financial-risks-in-condominium-management/ https://condobi.ca/news/condo-fairtender/internal-audit-is-a-fast-way-to-unveil-and-mitigate-hidden-financial-risks-in-condominium-management/#respond Mon, 21 Apr 2025 15:15:58 +0000 https://condobi.ca/?p=9112 https://www.youtube.com/watch?v=1ziYeszP-Gs *AI was used to create this video Welcome to the hidden reality of many condominiums! Contracts are awarded to affiliated companies and preferred vendors.Scopes of work are assessed in ...

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Unpacking Multi-Dimensional Conflicts of Interest in Condominiums & Finding Cost-Effective Solution https://condobi.ca/news/condo-benchmarking/top-condo-management-companies-of-toronto-gta/how-to-choose-the-best-condo-management-what-really-matters/ https://condobi.ca/news/condo-benchmarking/top-condo-management-companies-of-toronto-gta/how-to-choose-the-best-condo-management-what-really-matters/#respond Wed, 05 Mar 2025 02:29:14 +0000 https://condobi.ca/?p=9057 Understanding the structural flaws in condominium governance. And how to avoid them. Finding Cost-Effective and High-Quality Condo Management Solutions Condo owners often face high maintenance fees without seeing the corresponding ...

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Lifetime Condo Directors. Full Transparency or Biased Choices? https://condobi.ca/news/condo-social/lifetime-condo-directors/ https://condobi.ca/news/condo-social/lifetime-condo-directors/#respond Mon, 21 Oct 2024 01:42:25 +0000 https://condobi.ca/?p=8793 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 ...

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Revamping Condo Contractor Selection in Ontario: Transparency vs. Bias https://condobi.ca/news/condo-fairtender/game-changing-approach-to-condo-contractor-selection/ https://condobi.ca/news/condo-fairtender/game-changing-approach-to-condo-contractor-selection/#respond Thu, 01 Aug 2024 15:06:55 +0000 https://condobi.ca/?p=8684 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 ...

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Condo Board Directors Problems & a Condo Business Intelligence Solution https://condobi.ca/news/condo-fairtender/condo-board-directors-problems-a-condo-business-intelligence-solution/ https://condobi.ca/news/condo-fairtender/condo-board-directors-problems-a-condo-business-intelligence-solution/#respond Mon, 29 Jul 2024 20:08:43 +0000 https://condobi.ca/?p=8628 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 ...

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Invisible Monopolization of Condominium Management Market. How does it Influence Condo Management and Other Services Market and Condo Fees https://condobi.ca/news/condo-benchmarking/unlocking-the-monopoly-a-call-for-competitive-renaissance-in-condominium-management/ https://condobi.ca/news/condo-benchmarking/unlocking-the-monopoly-a-call-for-competitive-renaissance-in-condominium-management/#respond Tue, 09 Apr 2024 22:46:50 +0000 https://condobi.ca/?p=8532 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 ...

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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. https://condobi.ca/news/condo-social/call-for-change-the-imitation-of-tenders-bill-106-and-the-condo-act-cannot-protect/ https://condobi.ca/news/condo-social/call-for-change-the-imitation-of-tenders-bill-106-and-the-condo-act-cannot-protect/#respond Wed, 19 Jul 2023 18:33:34 +0000 https://condobi.ca/?p=8228 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 ...

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How Much Does Bullying of Condo Directors Cost to Condo Owners https://condobi.ca/news/condo-social/how-much-does-bullying-of-condo-directors-cost-to-condo-owners/ https://condobi.ca/news/condo-social/how-much-does-bullying-of-condo-directors-cost-to-condo-owners/#respond Mon, 15 May 2023 16:26:51 +0000 https://condobi.ca/?p=7672 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 ...

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How to save condo owners’ money mitigating the highest risks https://condobi.ca/news/condo-social/how-to-save-condo-owners-money-copy/ https://condobi.ca/news/condo-social/how-to-save-condo-owners-money-copy/#comments Sun, 14 May 2023 19:08:11 +0000 https://condobi.ca/?p=7604 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 ...

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Self-Managed vs Professionally-Managed Condominiums. 98 % of Toronto & GTA’s Condos Could Spend Less to Maintain a Better Property Value https://condobi.ca/news/condo-benchmarking/condo-services-market-transformation/ https://condobi.ca/news/condo-benchmarking/condo-services-market-transformation/#respond Fri, 18 Nov 2022 22:43:04 +0000 https://condobi.ca/?p=6616 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 ...

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