Hiring a Property Management Company

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Let’s assume that your board has decided that hiring a property management company is the best way to look after the day-to-day work of managing your co-op.

Your co-op will want to choose a property-management company through a Request for Proposals (RFP). Our Guide to Hiring Property Management Services through a Request for Proposals will lead you through the process step by step. It provides a timetable for your co-op to follow and a complete set of forms to use. These include a summary of your co-op’s requirements, instructions for preparing an RFP, a proposal form for bidders to fill out, and a checklist that you can use to assess each proposal

Our guide also refers you to other places where you can find information, such as CHF Canada’s Resource Centre.

Guide to Hiring Property Management Services through a Request for Proposals

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Timetable for Hiring a Property Management Company

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Summary of Co-operative and its Management Requirements

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Proposal Form

Download

RFP Instructions

Download

Capacity Evaluation

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Property Management Company Evaluation Tool

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Tip of the Month

Directors in Arrears

8% of Agency clients have board members in arrears. Good work, especially in a COVID year. In 2007,  28% reported director arrears.