Just in case you need more stratasplaining from someone who’s not a strata manager, here’s another ‘holier than thou’ article about strata management business practices involving commissions, related businesses and disclosure.
This time it’s an article by Strata Management Consultants called The Netstrata Saga – How Many Other Strata Companies Have Strata Subsidiary Companies?
Some of my takeaways are:
Strata managers should stick to their knitting; strata management only with no subsidiary companies
They report [or gossip] about what happened at SCA VIC’s 2024 Lorne Principals Retreat.
A Victorian strata management business gets singled out for criticisms
Apparently, there’s ‘good’ and ‘bad’ strata management business.
It’s a very superficial and opportunistic take on the 2024 Strata Insurance Crisis that’s more advertorial than analysis.
You can read the full article here.
Strata Management Consultants describe themselves as the trusted advisors to owners corporations and strata management committees and say they help strata buildings change strata managers for fees paid by the new incoming strata manager.