The management contract usually allows for the agreement to be reviewed periodically to ensure fair compensation for the duties carried out under the agreement. So often is the case that the terms or wording of an agreement are ambiguous which can lead to disputes or disagreements.
To accurately determine fair pay for a fair days work, requires in depth knowledge and practical understanding of the actual duties required to maintain the property to an acceptable standard.
Our management consultants have spent many years analysing common property and preparing duty schedules to ensure that the property is maintained in accordance to an acceptable standard. We clearly understand the duties specified in the agreement and the effort required to ensure that the duties are fulfilled in accordance to the agreement. We conduct ongoing and extensive research into pay rates for the various duties undertaken by the manager and present a schedule that accurately reflects the duties and pay rates.
It is assumed that the manager or any persons undertaking the duties, is reasonably capable to operate effectively and efficiently. The report is not a time and motion study in that the purpose is to clearly assign a dollar value to the duties carried out by the manager.
With over 40 years of experience in the body corporate industry in various sectors such as body corporate management, asset management, property development consulting, quantity surveying and safety compliance, our dedicated team will provide accurate and quality work to ensure that your objectives have been achieved.