Benefits of Pro-Active Strata Management.

Let's face it, thinking about what benefits the Strata Management firm your Owners Corporation employs is about as exciting as watching parliamentary question time. However there are many advantages, a pro-active Strata Management firm can make to your strata scheme and in turn adding to its value.

1. Preventative Maintenance

Does the Strata Management firm for your Owners Corporation engage in preventative maintenance programs for your property? These programs not only pro-long the life of the common areas and property, they also reduce the incidents of malfunction and breakdown resulting in less inconvenience for the residents of the property.

2. Insurance Renewals

Does your Strata Management company not only seek alternative quotations for insurance renewal each year, but complete a detailed questionnaire for your scheme each year identifying the areas where your scheme has reduced their risk – ultimately reducing your premiums?

3. Investment Accounts

Does your Strata Management company actively seek the best investment account insurance rates and invest your scheme's funds into these accounts?

4. Efficiency Audits

Does your Strata Management firm undertake utility efficiency audits for you building ensuring that common electricity, gas and water supplies are running at optimum levels?

5. Electronic Communication

Does your Strata Management firm issuing meeting notices, levies and other general correspondence to your owners via email, saving on postage and stationery costs and reducing your schemes carbon foot print?

6. Reporting

Does your Strata Management firm provide the executive committee with monthly financial statements and report on the pertinent issues affecting your scheme?

7. Access to Books & Records

Does your Strata Management company provide owners with Internet Access to the relevant records of your scheme, including the minutes of meetings, current insurance certificate, By-laws and Strata Plan?

8. Tips and Advice

Does your Strata Management firm provide all owners and occupants with useful tips and advice about living in a strata or community title property, including security advice, executive committee guides, maintenance and insurance guides?

9. Site Inspections

Does your Strata Management company undertake regular site inspections and report on the current state of repair of the common areas of the scheme?

10. Response Times

Does your Strata Management firm provide their managers and staff with response time protocols for all inbound communication?

If you're scheme is managed by Netstrata, then you can tick YES to all of these and more.