Parting Ways: What You Need To Know About Terminating Strata Management Agreements
Release Date: 03/21/2024
The Financial Time Bomb: Accounts Receivable and Your Budget
Stratagize
A large accounts receivable (AR) can be more than just an inconvenience for a strata, it can cripple its ability to operate. In this episode Oscar Miklos, founder of Refresh Law returns to reveal the hidden risks of letting unpaid strata fees linger and provides actionable strategies on how to recoup those funds. Connect with Stratagize: Connect with Brent Anderson Connect with James Milne
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Why I Sold My Strata Management Company
Stratagize
After years of battling rising costs, shrinking margins and growing client expectations, Sanjay Maharaj made the tough call to sell his business. In this episode he breaks down the challenges that led to that decision and what it means for the future of strata management. Connect with Stratagize: Connect with Brent Anderson Connect with James Milne
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Charging Forward: A Strata’s Guide to EV Readiness
Stratagize
Electric vehicles are here to stay – is your strata ready? Lee MacFarlane from Edwards Mechanical breaks down the process for making a building EV-ready. From infrastructure upgrades to funding, he covers key steps, and what councils need to know to future-proof their building. Connect with Stratagize: Connect with Brent Anderson Connect with James Milne
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Perfecting the RFP process: Council alignment tips for new management
Stratagize
In this episode of the podcast, we explore how strata councils must align during the RFP process when selecting new management. Guests Dave Calloway, Regional Vice President with FirstService Residential, and Kim Palmieri, Vice President Sales & Operations East Region, share expert insights on avoiding common mistakes and ensuring smooth decision-making. Tune in to learn how to navigate this complex process and secure the right management team for your community. Connect with Stratagize: Connect with Brent Anderson Connect with James Milne
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Making data driven decisions: The power of BENCHMARK
Stratagize
In this episode, CEO David Diestel discusses the groundbreaking Benchmark report from FirstService Residential. Packed with critical financial data for high-rise communities, this report is essential for budget-savvy boards. From maintenance fees to reserve funds, this guide supports boards to confidently back their budgetary decisions with data. Discover how this resource could transform your budget meetings. Our commitment to Life, simplified. Connect with Stratagize: Connect with Brent Anderson Connect with James Milne Get the Guides:
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First-Year Frustrations: A Strata Council Survival Guide for New Builds
Stratagize
In the first year of managing a newly built strata, councils often encounter unexpected issues with developers, from deficiencies to lack of money. This episode delves into the common frustrations councils face in new builds, offering practical advice to overcome initial hurdles and ensure long-term success. Tune in for expert tips, red flags to watch for, and essential survival strategies to help your council navigate the first-year journey with confidence.
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Council’s Toolkit: Combatting unsafe behaviour with bylaws
Stratagize
In this episode, Brent and James explore how strata councils can effectively address unsafe behavior, bullying, and harassment by utilizing their most powerful resource—bylaws. Return guest, Lisa Mackie, Partner and Strata Lawyer with AHBL breaks down the key steps councils can take to enforce bylaws that promote safety and respect within their communities. Join us as we discuss practical strategies for using bylaws to foster a secure and harmonious strata environment.
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Mandatory depreciation reports are the tip of the iceberg
Stratagize
Brace yourself for the new era of depreciation reports that’s rewriting the rules for strata corporations. We discuss the sweeping changes and their profound implications for future planning and asset management. Learn how these pivotal changes will impact future planning and why it’s just the beginning.
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The art of the deal: Key aspects of negotiating contracts for strata councils
Stratagize
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The question every strata buyer should ask (but doesn't)
Stratagize
In this episode, Brent and James are joined by Matt Scalena, one of the hosts of the ever-popular Vancouver Real Estate Podcast. Together they discuss the impact a realtor has on the dynamic landscape of purchasing in a strata. This is a must listen for any first time home buyers and those new to strata living. Connect with Stratagize: Connect with Brent Anderson Connect with James Milne
info_outlineIn this episode your hosts Brent and James go solo to take a deep dive into the termination process of strata management agreements. As consultants who assist strata councils transitioning to new management, they are no strangers to the myriad questions surrounding this topic. They start by understanding the structure of agency agreements then zoom in on the termination process itself, shedding light on its unique aspects and common misconceptions. This episode is a great standalone resource if termination of your agreement is in the cards for your strata as no stone is left unturned.
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Get the Guides:
3 Keys to Decision Making for Strata Councils
Maintenance Planner Checklist
8 Steps for Going out to Bid