Whiteglass_ale
Registered User
- Messages
- 33
First, how do your management companies normally communicate with property owners? Do you issue notices, updates, and important information on the managing agent’s headed paper, or do you keep communications on the OMC’s own letterhead to make it clear it’s coming from the company itself?
Second, for those of you who are directors of an OMC, what practices have you found most effective? Are there things you started doing that made a big difference for transparency, engagement, or accountability? I’m especially keen to hear about small, practical steps that worked well.
The reason I ask is because I now find myself in a situation where two of my fellow directors signed a contract with a managing agent without any wider consultation, and I’m not happy with how things are being run. So I am wanting to get the managing agent to work. Im aware there is a piece on how to get involved with the OMC (the sticky thread) but id love to hear advice on things people have done that they wished they started doing sooner. One we have done is allow the managing agent to only have view rights to bank accounts now. As I think things were being paid without any question.
Second, for those of you who are directors of an OMC, what practices have you found most effective? Are there things you started doing that made a big difference for transparency, engagement, or accountability? I’m especially keen to hear about small, practical steps that worked well.
The reason I ask is because I now find myself in a situation where two of my fellow directors signed a contract with a managing agent without any wider consultation, and I’m not happy with how things are being run. So I am wanting to get the managing agent to work. Im aware there is a piece on how to get involved with the OMC (the sticky thread) but id love to hear advice on things people have done that they wished they started doing sooner. One we have done is allow the managing agent to only have view rights to bank accounts now. As I think things were being paid without any question.
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