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by scandox
1696 days ago
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That's really interesting to me. How are the finances raised? I assume there is a service fee. Do you have to handle collection also? What legal body is the employer of the staff and how many are there? In Ireland/UK there is a normally a management company either owned or originally established by the developer and they collect the service fee. They usually do not encourage a lot of tenant participation. |
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Large apartment associations employ few staff on own payroll, but mostly Security, Housekeeping, Plumbers, Electricians, STP operators,etc are on the payrolls of manpower agencies.
Members of the association are owners of individual flats. Tenants do not participate much ( and not encouraged either). This ensures a skin in the game and service fee goes towards activities contributing to long term value of the property (including liveability).