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Guide to Hiring a Housing Co-op Manager
Capacity Evaluation
Timetable for Hiring a Property Management Company
Proposal Form
Summary of Co-operative and its Management Requirements
Hiring a Property Management Company
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
Monthly Management Reports to the Board
The Management Services Agreement
The Model Management Services Agreement is carefully written to make sure you and your manager know just what to expect from each other. It covers the property manager’s duties, how they are paid, when they need to get things done and where their authority starts and stops.
The agreement includes
Guide to Choosing Management for your Co-op
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.