Some lucky condos offer the benefits of an indoor or outdoor swimming pool for their residents; it’s a splashy amenity that many people request when looking for a home…but there are many drawbacks, issues, and liabilities that come with ma…
The media and political buzz surrounding so-called 'homeshare' or 'short-term rental' websites (primarily Airbnb, but also other similar services like Homeaway.com and VRBO.com, just to name two) has been on the upswing over the last year …
While budget balancing or planning capital improvements may seem to be the most important skills within property management firms, managers will tell you their main focus is on human relations. David J. Levy, president of Sterling Se…
It’s been said that the more things change, the more they stay the same. As the calendar turns to 2015, that message fits neatly into the condominium picture. There’s no doubt that new technologies, new laws and new philosophies on many as…
Property managers are known for wearing many hats, and are expected to be expert in some very diverse topics. Few of them, however, train for and begin their careers as property managers; most came into the industry from other fields. Mana…
Management companies that work with community associations typically begin their working relationship by negotiating a contract. The parties involved do their best to carefully craft an agreement and the terms of service that will cover ev…
A manager might have to coordinate operations with a single maintenance person or work with any number of doormen, porters, custodians and handypersons depending on the size and nature of the building. When well-trained and motivated, thes…
A decorous, welcoming lobby in a high- or mid-rise condominium entices interested buyers to purchase, and it encourages current residents to interact more socially. The entrance area has also customarily been the hub for the day-to-day lif…
With multifamily buildings, who is in charge of the property and how well those people are trained are critically important factors in the successful operation of the community. Board members are a part of this management class, which is o…