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A strata manager is the person who is hired to manage the operations and maintenance issues of a strata property. The strata manager is involved in the day to day operation of the property, as well as planning and budgeting to ensure no hiccups and unforeseen issues going forward.
The demand for licensed strata property managers in the province has been consistently strong since there are more than 1.5 million residents in strata properties in BC. This number continues to increase year after year.
A career as a strata property manage can be highly rewarding. Want to learn more? Read our career guide below!
The strata manager is an individual who is hired by the collective group of owners (known as the strata corporation or strata council) to manage the property’s operations and resolve any maintenance issues. This service is rendered on behalf of the owners. A vital part of this job includes advanced planning and budgeting to ensure the property operates seamlessly and is equipped to manage emergency situations should they arise.
The strata manager is an individual who is hired by the collective group of owners (known as the strata corporation or strata council) to manage the property’s operations and resolve any maintenance issues. This service is rendered on behalf of the owners. A vital part of this job includes advanced planning and budgeting to ensure the property operates seamlessly and is equipped to manage emergency situations should they arise.
Strata property managers handle everything from:
Strata housing comes in many different forms. From apartments to condominiums to townhouses, duplexes, and family homes; all of these dwellings can be included in strata properties. Some strata developments also include sections of their property that are commercial or industrial in addition to their residential portions.
The strata development as a whole is typically referred to as a strata corporation. Though some do govern the premises on their own as a collective group of owners, most employ a licensed strata property manager to assist with important administrative tasks and corporate responsibilities.
In a strata corporation, each individual owner purchases their own strata lot which is housed on a common property shared by each of the strata owners. The common land and any assets are all shared by the owners as a collective whole, meaning responsibilities for upkeep, repairs, and any associated fees are also divided evenly amongst the strata council members.
One of the greatest perks of a career as a B.C. licensed strata property manager is not only the job security it provides but also the potential of earning an excellent salary. Conservative estimates place the average hourly rate at $33 with salaries ranging from $48,000 per year to as high as $96,500. These figures are, of course, variable and dependent upon the area of the province where the strata property manager is employed and the level of experience the person brings to the job.
Thousands of students have chosen to study with Quick Pass Master to help them pass the licensing exam more easily. We make a real difference for you because without our tutorial course, studying for the strata property course by yourself is tough.
The strata property licensing course is only available on-line without lectures. It is difficult to understand all of the concepts and equations without the proper help. Joining the Quick Pass Master Tutorial Program specially designed for the strata broker course will help you save time and pass the exam more easily.
The role of a strata property manager includes a thorough understanding of all regulations governing their position. There are very strict laws and ethical practices which outline the responsibilities required of the position as well as things a strata property manager is not permitted to do.
It is not difficult to see that if a strata property is comprised of a condominium which contains 20 floors at 10 units per floor, it is a monumental task to provide maintenance and service to 200 units. It also involves a great deal of money to keep the entire property properly cared for and functioning as it ought to. To adequately execute this role, strata property managers must have the requisite professional knowledge and know-how. This is why the government has imposed licensing requirements to ensure each strata property manager is qualified to undertake the task.
In essence, the licensed strata property manager is a jack of all trades, lending their skills wherever and whenever they are needed to keep the corporation operating seamlessly.
Some of the duties allotted to a B.C. licensed strata property manager include:
Obtaining a license to operate as a strata property manager offers job seekers many different employment opportunities.
Among the jobs they can fulfill are:
Thinking a career as a B.C licensed strata property manager might be for you? Quick Pass Master courses can help. Our pre-licensing program assists job seekers with attaining a thorough understanding of all of the requisite materials to master and pass the B.C. strata property management licensing exam. Contact us now at 604-729-1138 or [email protected] to learn more about how our courses can help you succeed.
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