Are there industry benchmarks for strata manager performance?

NSW
Committee & Governance
Management & Agreements
question
Lookupstrata community member

Are there government and/or industry performance indicators or standards to assist owners in assessing their strata management agency's performance?

answer
Megan Parkins
Megan Parkins Tender Advisory

There are no government and/or industry performance indicators or standards published for strata management.

Unfortunately, no. There are no government and/or industry performance indicators or standards published for strata management.

Notwithstanding this, most companies will have some form of an in-house customer service charter, which would provide insight into assessing their performance. This information could be available on their websites, form part of your managing agency agreement with them, or be provided upon request by the senior management team/branch manager.

We recommend discussing your concerns holistically with your strata committee members. If they agree, come up with a list of pain points to raise constructively with either the direct strata manager or, if there is discomfort or a breakdown in the relationship, the senior management team and/or branch manager, so the company can respond and attempt a resolution.

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