Three Benefits of Being A Member Of The Strata Committee
Also known as an executive committee, a strata committee is responsible for the daily operation of your strata scheme. In New South Wales, there can be one to nine members elected by the Owners Corporation at a General Meeting. Generally speaking, the strata committee will act on behalf of the Owners Corporation and carry out their day-to-day responsibilities (although its powers are limited by certain legislations).
As you can imagine, there is a lot of responsibility that comes with being a strata committee member – particularly the roles of Chairperson, Secretary and Treasurer. This includes tasks such as taking and distributing all meeting minutes, maintaining accounting records, preparing S184 Strata Information Certificates, and more. It should come as no surprise, therefore, that many Owners Corporations choose to delegate these roles to professional strata managers. Employing an external manager is often a great idea as they are able to share their experience and expertise, although the strata committee can override their delegation in a vote if required.
You will often hear property owners and tenants complain about how “strata isn’t doing anything” or is taking too long. By becoming a member of your strata committee, you will be able to take an active role in shaping the future of your strata.
Implement changes more quickly
As you will know, it’s always easier to work with something you’re familiar with. When you are a member of your strata committee, you can educate yourself on all aspects of the area you’re most concerned about. The more involved you become, the more you put yourself in a position to spot problems and implement positive changes.
Keep up the good work
When you’re a strata committee member, you’ll have the opportunity to actually work on the scheme and make sure all maintenance and repairs are being done in a timely manner. Although much of this is required for compliance reasons, it has the dual advantage of preserving and potentially enhancing the value of the property!
Show off your leadership skills
While being a member of the strata committee can be a lot of responsibility, some individuals thrive on the extra challenges it provides. If you see yourself as a natural leader and want to take an active role in the day-to-day runnings of your strata, heading up your own sub-committee is a good opportunity to test your skills.
Managing your own strata can be a tricky and complicated process, so why not enlist the help of an expert? Get in touch with one of our dedicated strata professionals today!