Our goal is to ensure independent and equitable recommendations that are fair to both Owners and Managers/Caretakers.
We establish the specifics: the who, what, when, where, how often and how much. And we do this for a wide variety of developments, including high rise, medium rise, low rise, walk up, retirement villages, commercial buildings, gated communities, town house/villa… whatever type of complex, we understand it.
The on-site inspection of the building or complex is to view and evaluate the duties and responsibilities that the Manager/Caretaker would be required to perform.
BMCS knows from experience how important it is for a manager or caretaker of a strata-titled complex to have clarity on the duties and responsibilities they’re expected to fulfil.
It’s common with a managed property or complex for the body corporate or owners corporation to find that the management agreement is too generic in its description of the manager/caretaker duties.
It’s common with a managed property or complex for the body corporate or owners corporation to find that the management agreement is too generic in its description of the manager/caretaker duties.
Our approach is to carry out a rigorous time and motion study and provide a detailed analysis of the building or complex, resulting in balanced, fact-based recommendations and advice on duties and remuneration for the manager/caretaker role and therefore supporting you in creating resolution between parties.
Many potential buyers are concerned about the ongoing maintenance costs of buying a unit in a managed complex. An accurate schedule of caretaker/manager duties and responsibilities linked to the anticipated management fee is needed to be able to reassure buyers with a precise and realistic figure.
To provide a written set of independent and equitable recommendations, fair to all parties.
We are focused on the long-term interest of the building/complex regardless of who the manager is or who the committee are. Managers and committees change but the building/complex remains.
Furthermore, we will not be influenced by letting agreements or any other business activities that may be conducted at the complex and we will not include or recommended anything in a report that we are not prepared to justify and defend in the witness box in a Court of Law.
Wondering who does what and how often in a managed property?
Our “Comparison of Responsibility of Management Duties” explains on-site, off-site and self-management duties, what needs to happen, when, and who is responsible.
We heard of BMCS through a friend who recommended their services to do a remuneration review to include a new schedule of duties as the existing was very generic in nature and well out of date.
The process and methodology that Barry and his team used was extremely thorough and accurate to determine the new remuneration. After negotiations with the Body Corporate a fair result that both parties where happy with was adopted, this included the new schedule of duties provided by Barry and his team.
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