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    2021, April

    0 The Pros and Cons of Condo Self-Management vs. Professional Management

    As a condo board member, I've been asked on several occasions at AGMs to discuss the benefits of having a professional property management company take over the management of our self-managed condominium. Every unit owner in our building knows that this will mean an increase in our monthly condo fees, but will the benefits make the extra costs worthwhile? Let's look at the pros and cons of hiring a professional management company vs self-management by the condo association.

    wellington terrace condos

    1. Cost

    There's n...