Committee advice
Preparing an AGM Agenda
Because only matters properly listed on the agenda can be voted on, getting the agenda right is essential to ensuring the meeting runs smoothly and resolutions are legally valid.
2 Feb 26
A personal approach
to body corporate management
Relationships are the foundation of our business, built on the understanding that every client is unique, not just at a body corporate level, but as individuals.
That’s why we take the time to listen, tailoring our management approach to suit every person, their communication style and business preferences.
That’s why we take the time to listen, tailoring our management approach to suit every person, their communication style and business preferences.
Receive an obligation
free proposal
We'll need to get some details about your building. Please answer the short questionnaire below.
Please contact us here if you are seeking a proposal for a building we don’t currently manage. If you are an existing BCsystems customer please email us at info@bcsystems.com.au
Self-managing your body corporate can be a complex and time-consuming task. From administrative responsibilities to financial management, the demands can quickly become overwhelming for property owners and committee members.
This is where outsourcing body corporate management services can be a game-changer. In this blog post, we’ll explore five reasons why partnering with a professional body corporate management is the right decision.
Expertise and compliance
Navigating the intricate web of laws and regulations governing bodies corporate in Queensland requires a deep understanding of the legal landscape. Professional body corporate management firms like BCsystems, have experience from both an accounting and administrative perspective, as well as a team well-versed in the Body Corporate and Community Management Act, ensuring that your property is always up-to-date with the latest regulations.
Whether it’s fire safety, or the correct way to take minutes at your AGM, working with a professional body corporate manager allows you to tap into their specialised knowledge, reducing the risk of legal complications and ensuring the smooth operation of your body corporate.
Time and resource efficiency
Managing a body corporate involves a multitude of tasks – from organising meetings, to collecting levies and maintaining accurate financial records.
Given that most committees are made up of volunteers, often juggling families and full-time jobs as well, outsourcing these responsibilities can alleviate much of the cumbersome administration and accounting aspects of the role.
Professional body corporate managers have the resources and systems in place to efficiently handle the day-to-day operations, leaving the committee to focus on the planning and upkeep of the property.
Financial management
One of the critical aspects of body corporate management is financial stewardship, where all bodies corporate are required to maintain transparent and accurate financial records, and keep these in a specific way for the required time. Importantly these financial records must be disclosed to all owners, prospective buyers, and government authorities like the ATO.
A professional body corporate manager can provide expert advice in this area, avoiding financial discrepancies and ensuring the collection of levies and allocation of funds is in the best interest of the building and ultimately the lot owners.
Conflict resolution and communication
Conflict is inevitable in any communal living setting, and effective resolution is crucial for maintaining a harmonious environment. Professional body corporate managers are experienced in conflict resolution and communication, ensuring that disputes are resolved in a timely and amicably manner.
Access to technology and innovation
Like most industries, technology plays a significant role in streamlining the processes of body corporate management. Outsourcing to professionals gives owners and committee members access to online portals, automated forms, and electronic voting that can enhance the efficiency and effectiveness of your body corporate.
Related content
Share This Post
Subscribe To Our Newsletter
More To Explore
Maintenance
Fencing Repairs in a Body Corporate
While fences may appear simple, determining who is responsible for their maintenance, repair or replacement can be anything but. The answer depends on where the fence is located, who it separates, and which legislative framework applies.
27 Jan 26