Managing Companies Are Solving the Problem of Fees on Sites
Problems such as uncollected fees on sites and constantly changing renovation costs are solved not by “neighbors”, but by professional companies
Problems of technical, legal and financial management, such as fees that cannot be collected on sites and constantly changing renovation costs, are no longer solved by “neighbors”, but by professional companies. The building management company “Solution”, which serves apartment owners for an extra fee of 20 to 100 pounds, which is added to the monthly fee, works with close to 100 business partners, from a plumber to an elevator, from a lawyer to a security.
The “management”, which is chosen from among the landlords for making joint decisions and solving problems in apartment buildings and sites, is now carried out by professional companies. Problems in the implementation of joint decisions with the growth of sites and apartments, as well as the accumulation of debts, in particular due to the regular non-receipt of dues, highlight the need for a “professional hand” in management. One of the biggest advantages of professional management companies is that they receive services or goods on sites in the most economical way, from insulation and roofing repairman, elevator operator, plumber to electrician, lawyer, earthquake research firm, garden landscape to security. Companies that receive the service not for one building, but for a large number of buildings, so that they can use their bargaining power. Nadin Gürdal, a partner of Solution Building Management company, who said that they work with close to 100 business partners, noted that the management of buildings by specialized companies has become especially important during the crisis period.
Gürdal stated that the number of clients has increased in the crisis, “In the crisis, the economic performance of services, the reduction of costs and the professional management of funds are becoming more important. The problem of delaying dues payments, which is normally often encountered, is exacerbated by the cash crunch in the market during the crisis,” he said.
Starting at 20 lira per month
Neşe Altan, another partner of the company, who stated that they acted in cooperation with a representative of their choice after requests from apartment residents, said that the management cost varies from a 10-apartment apartment building with 4 blocks to large sites with pools, social facilities and security inside. “The cost can go from 20 to 100 lira per month per apartment,” Altan said. This extra share added to dues varies depending on the breadth of social amenities it has, depending on whether the building is a social apartment or a site. This figure is not an amount to give up in a crisis if there is a need,” he said. Nişantaşı, Etiler stated that they have received a high demand from apartments and sites near the Bosphorus line, Altan explained that they are in talks with construction companies and projects, and their goal is to take part in both large site projects and business and shopping centers within two years.
The court process is disappearing
On sites, managers are also not able to economically determine the amount that homeowners should pay, since they are not experts in this field and do not know where each service is made most economically. Residents of the site, for example, do not know exactly why the money for elevator maintenance received last year was increased this year, according to what the fees were increased. Another problem with the sites is that when one or several apartments do not join the payments, the amount is reduced more per apartment to cover that service, and this creates unrest. Apartments do not pay debts either on purpose out of malicious intent, or are not informed correctly, fully or in a timely manner by managers. In the end, uncollectible receivables cause protracted and inconclusive court processes, which both waste time and cause costs to increase even more. Management companies, on the other hand, take control of the process from the beginning, preventing all these problems from occurring. Management companies, which also initiate legal proceedings when necessary, also inform homeowners about the nature and needs of their debts and receivables, the necessary payments each month.
Even cleaning companies are getting into this industry
The number
of corporate firms in the sector does not exceed 10. When you enter the Internet, you get countless building management names. However, when you go to the given addresses, it appears that the company in question is not present at that address. Some of them have only a mobile number. There are pensioners, individuals who are engaged in this business alone. Even cleaning companies are getting dressed for this job.
What do management companies do step by step?
*Solving general management problems within the scope of general management, preparation of building operation project, regular processing of business books within the legal framework, tracking legal affairs, ensuring that all decisions to be made and all transactions to be carried out comply with the law.
*Within the scope of budget management, within the framework agreed by the General Assembly, the division of expenses per share and the collection of dues, monitoring of payments related to the management of the building, preparation of accounts receivable and accounts receivable with reports showing monthly income and expense items, and making cash flow projection.
*Implementation of services such as cleaning, periodic inspection of fire tubes, maintenance of the water tank, garbage collection plan, pest control program within the scope of cleaning management.
*Conclusion and periodic monitoring of technical equipment related to technical equipment such as elevators and boilers in common areas within the scope of technical management, receipt of proposals for repairs, renovation operations to be carried out in common areas and submitted to the building management representative. Follow-up of maintenance repair and renovation processes necessary to be carried out in common areas within the framework of the decision taken.
*Preparation, supervision of servant contracts and work instructions within the scope of personnel management, fulfilment of all legal obligations related to servants.
*Follow-up of legal transactions within the scope of the principles of the Condominium Law with the support of the law firm that is a solution partner, ensuring that all decisions to be made and all types of transactions to be carried out comply with the laws, organizing board and general assembly meetings within the scope of the Condominium Act.
Professional managers became partners
Solution Building Management and Consulting partners Neşe Altan and Nadin Gürdal have been responsible for many years as professional managers in various domestic and foreign institutions, such as purchasing goods and services, arranging specifications and contracts, operating social facilities, cafeteria services, personnel dispatch and administration, fund management. Nadin Gürdal, a former journalist and banker from 10 years, and Neşe Altan, who has been managing administrative affairs and purchasing in the building of IMKB in İstinye for 10 years, merged their savings and founded Solution Management company in 2007. “Then I realized that there are many problems in this area and there is a serious gap in management,” says Neşe Altan, who stated that she was also a manager in her own apartment before starting the company.
Vatan Real Estate/Nihal Yuvacan
Free Apartment Site Management Program
Starter plan free now and always