Steven Peros
Property Management Trends for the New Year

At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months. 

Property Management Trends for the New Year
Steven Peros
Important Winter Maintenance Tips for Property ...

At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months. 

Important Winter Maintenance Tips for Property Managers

Condo Management

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What are the three top communication tools in property management?

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What are the three top communication tools in property management?

A famous person once said “The biggest communication problem is we don’t listen to understand, we listen to reply.”

  1. Be Clear.

  2. Be Concise

  3. Be Consistent

Getting clear, timely content in front of your audience on a regular basis is important. Being consistent is the key to keeping your audience engaged. Communicating a few times a year is the fastest way to losing your audience.

Get your message out with the rule of 20. If you can’t read the message in under twenty seconds, you have lost your audience.

Central Erin harnesses several communication platforms to ensure we are hitting the mark.

Monthly newsletters with a calendar of events that span the entire year are made available in printed format, available on-line through corporation specific web sites, and emailed to all owners and residents.

Our secure web-portal provides owners with relevant information and documents such as By-laws, Declaration and Rules, with an intuitive search engine that allows historical searching to occur seamlessly.

Lastly, our Virtual Concierge is an interactive touch screen system that provides building events and real-time RSS feeds for building emergencies. Booking of rooms, amenities, key fobs, etc., is available in real-time. This system is virtual so owners and residents can benefit from all of its features from anywhere there is an internet connection.

Communication redefined.

https://youtu.be/ZxahHvkQjFo

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Bill 106 (Protecting Condominium Owners Act, 2015)

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Many are surprised to learn that given the high values of properties that are being managed throughout Ontario and budgets that regularly top millions of dollars a year per corporation that condo managers and management firms have never been subject to any mandatory qualifications or regulation.

Banish Condo Bathroom Mould For Good!

Pesky, frustrating and not the kind of thing anyone wants to wake up to, bathroom mould is one of the most common problems condo and homeowners face. 

The good news is, assuming it hasn’t gotten out of control, the mould is relatively easy to get rid of, and even easier to prevent – if you know what you’re doing.

Does the perfect tenant exist?

Before you choose on renting the unit out yourself, or hiring a professional, such as a real estate agent, ensure the condominium’s rules and regulations will allow for a rental by speaking with the condominium property manager, as some condo’s may restrict the quantity of rentals allowed in a building.

Does your condo have restrictions for decorating at Christmas?

It’s that time of year, when the snow starts to fall, you can see your breath in the cold winter air, and Christmas carols fill the radio stations and malls. Before you start to decorate your balcony with a string of your favourite sparkling lights, or cut down a tree, best to check your condominium bylaws, declarations and rules, and consult with your condominium property management company.

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The CEPM Difference

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We continue to be a leader in the industry, by providing exemplary service to our customers, offering our employees unparalleled opportunities for personal and professional development, and to find new and innovative ways to maximize real estate values.

Condo Living - Why are rules created

The importance of rules, especially in shared living environments such as condominium properties, is paramount to having all owners and residents residing in harmony. Or at the very least, ensuring that there is a minimum standard of responsibility and expectation for all to abide by.

A guide to owning a condo – The Reserve Fund

So you have made the decision to purchase a condo, and beyond the traditional excitement and anxiety that comes with any major life change, there are some fundamental aspects that you must understand before signing on the bottom line, specifically the financial condition of the condo corporation, with regard to the reserve fund.