Get Updated on What’s Happening with Strata

SCA has gathered some of the most interesting themes within the strata industry over the past few months, which have been both positively and negatively effecting the Strata industry, and the tenants/owners of the Strata properties.

AI in Strata

Artificial intelligence is being used within the strata industry, and is revolutionising property management. AI is being used to automate various tasks such as streamlining AGM’s (annual general meetings) through automation of scheduling, sending reminders and generating minute actions.

AI is also being used to forecast maintenance needs, allowing for a proactive approach rather than a reactive one which can sometimes lead to costly repairs. Invoicing and financial tracking and analysis is another aspect that AI can help with. Although AI is definitely something to consider in our ever evolving world, there are still a myriad of challenges and considerations that come with the integration of AI.

Building Defects

Building defects still remain a significant issue within the industry, ranging from minor defects such as poor paintwork to major structural problems such as water ingress and faulty cladding. The financial impact of addressing these defects can be substantial, costing strata communities time, money and hardship.

To address these issues as best possible, the government has introduced initiatives such as building bonds and cladding replacement programs although due to low take ups in some areas, these initiatives are not being carried out to the full intended extent.

To read more about the most recent industry issues, visit the link below.

Industry Issues

What is a Strata Managers Role?

A Strata Manager is an individual, partnership or company engaged by a strata council to perform specified scheme functions under a written strata management contract to help manage the strata titles scheme. Although Strata managers are not legally required to be licensed in WA, there are educational and personal requirements that all managers must meet, including educational qualifications, national criminal record checks, and maintaining a minimum level of professional indemnity insurance. At All Strata Management Services, all of our Strata managers are level IV certified (at minimum) with yearly criminal record checks and insurances.

Strata managers responsibilities can vary, although their main responsibilities include handling administrative tasks, managing insurance matters, facilitating meetings and effective communication, resolving conflicts, and coordinating maintenance and repairs.

To read more about the role of Strata Managers, read the PDF below.

the-role-of-strata-managers—fact-sheet.pdf

Strata Management Education Changes

The state government has proposed a new, enhanced model for strata management education qualifications in Western Australia. After extensive research within the Strata industry, the new model proposes to elevate professional knowledge and experience in WA’s Strata management industry.

These improvements are expected to provide substantial benefits to Strata owners and tenants once
implemented, ensuring all Strata managers have a minimum Certificate IV qualification in Strata Community management. This will ensure all owners and tenants are able to work with Strata managers who are professional, experienced and knowledgeable about the industry and legislations.

To read more about the proposed Strata Management Education changes, visit the link below:

Strata management education changes | Landgate