This is the seventh in a series of posts that will share the experiences of three previously self-managed condominiums that transitioned to professional management with Campbell Property Management.
In this week’s video, the discussion is focused on: The role of the Board Members after making the switch to professional management.
After hiring Campbell Property Management, the role of Board Members was simplified. The three Presidents agreed that project management was facilitated, bids were easier to attain, and contractors were brought on more easily. They also found there was reduced levels of stress, lower time investment required by the Board Members, and an overall feeling of being in good hands with a professional management company.
To lean more, please click the play button below to watch: “The Effect on Board Member Roles - Self-Management to Professional Management.”
To read the eighth and final post in this series, titled "Advice for Other Self-Managed Associations - Self-Management to Professional Management Transformation Series", click here.
About this Series:
We recently had the pleasure of hosting a round table discussion with three Presidents of Condominium Associations in South Florida who moved from self-management to professional management with Campbell Property Management.
The three hi-rises we hosted were:
- Seagate Towers in Delray Beach
- Sky Harbour East in Fort Lauderdale
- The Carlton in Boca Raton
All three started with Campbell in 2019, so we thought it would be great to check in two years later and discuss the transformation they each experienced over the first two years of professional management with Campbell Property Management.
The round table discussion covered various topics including:
- The reason for considering the change from self-management to professional management
- The selection process
- Overcoming objections from owners
- Changes in management and services
- How their role as a Board Member has changed
A video of the full panel discussion (approximately 45 minutes) can be watched here.