Homegrown Tales

Homegrown Tales

Share this post

Homegrown Tales
Homegrown Tales
Do condo associations need property managers?

Do condo associations need property managers?

Finding the right property manager for your condo board

Shamontiel L. Vaughn's avatar
Shamontiel L. Vaughn
Oct 11, 2020
∙ Paid

Share this post

Homegrown Tales
Homegrown Tales
Do condo associations need property managers?
Share
Photo credit: Hans-Peter Gauster/Unsplash

When a condo association hires a property management company, the entire goal is to lighten the load of the condo board and to properly take care of the needs of the condo association. Some companies are worth every dime they make. Others need to shut down immediately and find a new career path. The tough part is you will not be able to tell who is who until you actually work with the company.


ADVERTISEMENT ~ Amazon

As an Amazon affiliate, I earn a percentage from purchases with my referral links. I know some consumers are choosing to boycott Amazon for its DEI removal. However, after thinking about this thoroughly, I choose to continue promoting intriguing products from small businesses, women-owned businesses and (specifically) Black-owned businesses who still feature their items on Amazon. All five of my Substack publications now include a MINIMUM of one product sold by a Black-owned business. (I have visited the seller’s official site, not just the Amazon Black-owned logo, to verify this.) If you still choose to boycott, I 100% respect that decision.
Financial Rewire 100 Financial Literacy Words and Terms That Every Child Should Know - Activity and Coloring Book

As a renter of both apartments and a condo, I vaguely understood how property management companies worked. But when most of your communication is with a landlord or a condo unit owner renting out her unit, renters don’t really have much interaction with the property manager. Renters barely interact with other condo unit owners. There’s no reason to because the landlord is supposed to handle any repairs, outages and concerns that a renter may have.


ADVERTISEMENT ~ Amazon

As an Amazon Affiliate, I earn a percentage for each purchase with my referral links.
Beveled Edge Glass Chair Mat for a Smooth Glide and Easy Roll On/Off

But when you’re a condo unit owner and paying assessments, the management fees for the property management company are included in that monthly fee. So if you get a bum deal on a property manager, you’re probably going straight to the board to fix this issue. (Depending on the bylaws, the condo board would usually decide when to hire and/or terminate the agreement with contractors. Some condo associations may choose to have a two-thirds vote though, which can make working with contractors cumbersome, depending on how active the condo unit owners are.)

Recommended Read: “Should landlords accept more than checks and cash? ~ In a digital world, landlords and property managers need to become more tech savvy”

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Shamontiel L. Vaughn
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share