Whilst the SCA is the largest strata manager industry group in Australia the Real Estate Institute is a much larger industry group for all kinds of property services professionals including strata managers.
So, the REI’s position also matters to strata citizens.
And, the REI New South Wales and Victorian CEOs, Tim McKibbin and Kelly Ryan, have come out strongly advocating for better business and professional practices by strata managers saying:
‘a few bad actors who have put the strata industry in the spotlight’,
‘it’s a timely reminder to ensure your knowledge and understanding of compliance and disclosure obligations is completely up to date’
‘it’s critical the right systems and training are in place to ensure practices are consistent with the high professional standards we expect across the rest of the real estate sector’, and
‘they’re committed to helping strata professionals navigate the coming changes, while defending the good operators and ejecting those doing the wrong thing from the industry’.
Maybe those bad apple strata managers can just leave New South Wales and Victoria to the other 5 Australian states and territories where strata management is completely unregulated?
Read more about what Tim McKibbin and Kelly Ryan said in the REB article Industry Leaders Issue Warning: ‘Bad operators’ Have no Place in Strata here.