FAQs

No. Our job, as a Strata Consultant, is to present you and the Committee with all facts, information and costs to enable you to make an informed choice.

Our independence and impartiality are an integral part of our service.

 

Becoming a body corporate management operator in Victoria – general overview. 

Fill out a form, pay your fee, wait a few days and you (as an individual or company) can start managing buildings and large sums of funds.

https://www.consumer.vic.gov.au/licensing-and-registration/owners-corporation-managers/registration/apply-for-registration 

 

How many body corporate management companies are there in Victoria?

A lot. The Consumer Affairs Victoria’s public register of owners corporation managers, the last time we checked, had 819 entries

http://multimedia.consumer.vic.gov.au/registers/owners-corporation-managers/ 

 

Who are the good, honest, competent and service body corporate / owners corporation managers?

In a fast-growing industry, there are always dedicated professionals as well as opportunists. We connect you with the first type of managers and help you avoid the costly mistakes caused by dealing with the others.

http://www.strataconsultants.com.au/qualified-managers/ 

No, Strata Consultants Melbourne is 100% independent. We’re not aligned, affiliated or related to any particular body corporate management company or groups of companies.

We work with a panel of Qualified & Approved Managers who are some of the best body corporate managers in Melbourne. We assess and review body corporate management companies in Melbourne on 5 key metrics:

  • Experience & Qualifications i.e. do the managers and business owner have the right body corporate management experience?
  • People & Servicei.e. are the body corporate managers being overworked and looking after too many buildings?
  • Integrity & Values i.e. do they charge an honest professional fee for managing buildings and act in the best of their clients (being the Owners and Committees)?
  • Systems & Processes i.e. strata management has evolved to be quite complicated and inherently has a high volume of transactions – do they have the right management software?
  • Knowledge & Trainingi.e. does the body corporate management company provide their managers with ongoing support and training?

 

No, we do not manage any body corporate or owners corporations. Our commitment is help Owners and Committees to find and change to a new and better body corporate management company.

We achieve this by being independent and as such Strata Consultants Melbourne does not manage any buildings.

 

Strata Consultants Australia Pty Ltd is a 100% independent strata management brokering company. We’re body corporate management experts and industry insiders. We know who are the good guys in the body corporate management industry – and as such we work only with the best body corporate managers in Melbourne.

Our panel of Qualified Management Companies covers our costs, very much like an Aussie Home Loan or any other broker business model, meaning our body corporate transition service is at no cost to strata Owners.

We are paid a once-off fixed fee by the incoming body corporate management company that you select. Best of all as we’re same fixed fee (based on the number of lots) this means our only priority to help the Committee of your building to understand all the facts, costs/fees/charges and merits of all the prospective management companies.

Our Mission Statements is to act as an advocate for Owners and Committees – we do this by being independent and impartial.

In Victoria, the process to become a registered Body Corporate / Owners Corporation Manager is surprisingly simple. There is no education or certification requirement (the industry has long talked about national certification however that is still a while away). The eligibility according to Consumer Affairs Victoria is as follows:

“Eligibility

Individuals

To be eligible for registration you must hold professional indemnity insurance with a minimum coverage of $1.5 million. 

You are automatically ineligible to be registered if you are currently:

  • under 18 years of age; or
  • insolvent under administration (bankrupt, debt agreements under Part IX or Part X); or
  • a represented person under the Guardianship and Administration Act 1986 (where a guardian or administrator has been appointed).

Companies

To be eligible for registration the company must hold professional indemnity insurance with a minimum coverage of $1.5 million.

The company is automatically ineligible to be registered if:

  • the company is under external administration; or
  • any of its directors  are currently insolvent under administration (bankrupt, debt agreements under Part IX or Part X) or a represented person under Guardianship and Administration Act 1986 (where a guardian or administrator has been appointed).

 

Fees

The application fee for 1 July 2017 to 30 June 2018 is $202.80.

The application fee must be paid at the time of application. The fee is non-refundable.”

 

More information about the process to become a registered Owners Corporation Manager in Victoria can be found here at Consumer Affairs Victoria / Business Licensing Authority:

https://www.consumer.vic.gov.au/licensing-and-registration/owners-corporation-managers/registration/apply-for-registration

In Victoria, changing body corporate companies involves a number of considerations. After you ensure that you have a majority who want to change body corporate managers then you the process or timing will determined by the following:
  • The Contract of the Appointment;
  • The Minutes of the last AGM; and
  • Instrument of Delegation (if one was signed);
And all of this should be considered in conjunction with the Owners Corporation Act 2006 (Victoria). We recommend speaking to a Strata Consultant on 1300 917 848 – and if there’s a question that we can’t answer we’d be happy to point you in the right direction.