Hiring a management company? We can help!

17 July 2018

Effective property management is the heart of a successful co-op. Finding the right management company can seem like a daunting undertaking for large or small co-ops alike.

To assist our clients in obtaining the best price with qualified firms, the Agency has compiled a list of property management companies through a public request for supplier qualifications (RFSQ) process. The Vendor of Record (VOR) list consists of property management companies that were successful in this process and are considered to be well-vetted, trusted companies.

The list outlines regions the property management companies serve, including the number of units they manage, detailed fee schedules, contact information, and service language available. In addition, the list also links to other necessary documents that co-ops may want to consult during the selection process such as the Model Management Services Agreement, and schedules B-2 through to B-6. Using the VOR list will save your co-op time and money.

We welcome your questions and comments and are here to serve you through this process. Please drop us a line at info@agency.coop or contact your Relationship Manager.

Plans in Action

The average co-op with an approved capital plan is setting aside more than $2,800 per unit in reserves each year--more than double the 2007 amount of $1,186. We're so impressed that we're speechless!