Strata Councils are required by the British Columbia Strata Property Act and they act as the governing body for strata management and upkeep of your real estate investment.
Strata Council members are required to make decisions on a daily basis that are in the best interest of all units and owners that provides a superior living experience while protecting the equity of their real estate investment.
Positions on strata council are voluntary and require their members to conduct work outside of their regular lives and routines. This can become very time consuming for members, as they are required to manage thousands of dollars, common property projects, alongside communicating with countless owners and vendors.
If the individuals elected to council do not have strong backgrounds in the management of real estate property it can often become a risk to all strata owners regardless of their intentions. This is because you are relying on their judgement and council members are not legislated to require training of any kind.
This is when working with a Strata Management company can be very beneficial. When a strata council works in partnership with a strata management company the council is free from the day to day management duties of a Strata Corporation. This enables your strata council to focus on the future planning for your property. Working with a strata management company provides your strata council with the time and access to industry experts who can leverage their experience and best practices as tools for developing a strong a viable strata management program for your real estate property.
Our StructureCampbell Strata Management Ltd. has created a team of professionals who realize that they are accountable to your Strata Corporation.To better service your Strata Corporation we have assembled a team with the industry knowledge and technical experience to focus on key areas to ensure that you receive proactive advice and the best strata management services.
Each strata corporation is supported by:• A strata manager who is your main point of contact and will work with your strata council on a daily basis to ensure the success of your strata corporation.• Our executive team will work closely with your strata manager to ensure you receive the excellent service promised by Campbell Strata Management Ltd. • An experienced accounting team with many years of strata management accounting experience.• A strong administrative team who are responsible for providing administrative and strata manager related support.
Below is a diagram of formal communication channels and organizational structure we have developed to best service your strata corporation:
Our MethodAs a strata management company licensed in the Province of British Columbia we are required to adhere to the Real Estate Services Act and the Real Estate Council Rules.
At Campbell Strata Management Ltd., it is our goal to be a proactive strata management company who focuses on prevention rather than correction, this is why we strive to understand the nuances of your strata property and develop the management plans necessary to avoid the exorbitant costs of reacting to failures.
When developing these plans we recognize that each dollar available for use has been earned by the owners of your strata corporation. This is why we focus on providing your Strata Corporation with the best information to determine how your maintenance fees should be spent.
We do this by:
Furthermore, we believe in empowering Strata Owners and Strata Council with up to date industry knowledge and we do this each year by organising a free seminar knows as “Enhance Your Strata Knowledge”. At this seminar we have speakers from different disciplines talk about important issues affecting the Strata Industry.
When you choose to start your new strata council with, or change strata management companies to Campbell Strata Management Ltd. you are choosing a strata management team that will take the time to understand the vision and management philosophy that the owners of your strata corporation have for their property.
Our goal is to understand your needs in order to build a long lasting and trusting relationship with your strata corporation we do so by working through the following process:
1. Mutual Interview
If this process is successful and both parties are comfortable with the information we then proceed to:
2. Formalize ContractsA contract is then finalized between your Strata Corporation and Campbell Strata Management Ltd.
As a management company it is our goal to finalize a contract that is in best interest for both parties and any changes to the contract must be in writing and signed by both parties to the contract.
3. Relationship Building
4. Administration Transfer
5. Operations Analysis
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Abbotsford: 306 - 2777 Gladwin Road, Abbotsford, B.C. V2T 4V1 Phone: 604.864.0380 Fax: 604.864.0480
Surrey: 17651 57th Avenue, Surrey, B.C. V3S 1H1 Phone: 778.574.3454 Fax: 778.574.3448