In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses how the role of a strata manager has changed.
At Jamesons, we believe it’s important to note that a lot of people are dissatisfied with their strata managers. They feel there’s a lack of transparency and often feel like the service they’re providing isn’t meeting their needs. From these criticisms, the legislative review took it upon itself to enforce some new obligations around strata managers and the way that they provide information, as well as the duration of the contracts that they can hold.
These changes include:
A strata manager’s contract can be no longer than three years at any one time.
At Jamesons, we believe the changes to managing agents is an overwhelmingly positive one. Our business has always been geared towards providing a transparent, honest, and open style of communication, and if this can occur across the entire industry, we believe we will all benefit from this.
Jamesons are a family run business that have provided Sydney residents with strata management services for over 50 years. If you would like more information regarding strata management, please contact Jamesons Strata Management on (02) 8969 3400.