Condo Boards Burnout: Strategies to Avoid It
Condo boards are often the unsung heroes of the condo community. They step up to bat to help ensure the needs of the community are met. However, they sacrifice their own time in the process. While the early days of condo boards participation can be quite exciting, as time goes on the demands can wear…
Read More How Condo Committees Increase Your Board’s Productivity
When condo boards become overtaxed, it makes it difficult to remain productive. As a result, many important tasks can fall by the wayside. Budget management, social planning, and fee collection are areas where boards can fall behind. Luckily, condo boards have an excellent resource available in their fellow residents. Creating condo committees to assist with…
Read More How to Encourage More Volunteers to Assist Condo Boards
Volunteering as a condo board member can be exhausting. The amount of work required tends to be more than condo board members can imagine. As a result, board members and directors are at risk of burnout. For condo boards to become more cohesive it takes continuity. However, when board members burn out, you face endless…
Read More Most Common Condo Board Mistakes to Avoid
As a condo board member, your job is tough. You need to represent your community while not letting your own needs or beliefs fog your judgement. As well, every penny you spend ultimately must improve the value of the condo. All this while you selflessly volunteer your time. With so much riding on your actions,…
Read More How to Cope with Mental Health in Condos
One in five Canadians over the age of 18 will face mental health issues or mental illness in their lives. These numbers include 2.5 million Canadians who will experience a depressive disorder. With numbers so high, property management companies in Toronto and condo boards should be prepared to cope with mental health disorders within their…
Read More Energy Waste in Condos: How to Fix the Top Inefficiencies
When Ontario introduced its Energy & Water Reporting and Benchmarking (EWRB) regulation it was a wakeup call to many property management companies and condo boards given that energy waste in condos is such a critical issue. Essentially, it enabled condos to better track energy waste and use and get better at identifying efficiencies. Multi-unit residential…
Read More How Boards and Property Management Companies in Toronto Can Build Better, Happier Condo Communities
Condo boards and property management companies in Toronto all want a better community for their residents, without infringing on their rights and privacy. Communities in condos are diverse, providing homes to a wide variety of residents. This mix of people can offer a positive living experience. However, diversity often makes it difficult for board members…
Read More What Condo Boards Need to Know About Stage 3 Reopening Now
Now that Ontario has entered Stage 3 reopening, it will be interesting to see how well we all manage. It has been hard for businesses and individuals to adjust to the changes the pandemic forced upon us. However, the change we did, and it seemed to work. Although it took much longer than expected, COVID-19…
Read More How to Overcome Language Barriers in Condos
Communication is key when living in a condo community. Board members and residents must use effective communication. However, when communities are diverse, language barriers are a common occurrence. Language barriers include more than a person’s language of origin. Barriers span from unfamiliar and complex terminology to linguistics and physical barriers to state of mind. To…
Read More What You Need to Know About A Condo Reserve Fund
One of the most important aspects of a condo board’s responsibilities is managing financials. This can be a challenge if condo boards don’t have a financial expert on the team. However, all boards have a budget prepared each year, usually by a condo management company. Condo management experts provide invaluable input when it comes to…
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