Is Self-Managing Your Condo the Right Choice? Deciding whether to self-manage a condo or hire a management company involves weighing the pros and cons of each option. While self-management can save money and provide direct control, it demands considerable time and expertise, potentially leading to burnout. Boards must recognize the level of commitment required.

New Concept Management Inc. believes that tackling conflict resolution proactively and constructively is essential. Focus on communication, understanding, and reaching mutually acceptable solutions. This approach involves establishing clear communication channels, encouraging open discussions, acting as a mediator, and occasionally enlisting professional mediation services.

Contribution fees, often referred to as condo fees, are essential to condominium living. They provide for the maintenance, upkeep, and general welfare of the building and its communal spaces. These fees encompass various expenses, including regular maintenance of shared areas such as hallways and elevators, insurance, reserve funds for significant repairs, and amenities like gyms and pools.

Fire safety is vital in condominiums because their specific living arrangements can allow a fire in one unit to spread rapidly, affecting numerous residents. Implementing robust fire safety measures safeguards lives, reduces property damage, and facilitates quick evacuation during emergencies. To promote fire safety in a condo, prioritize prevention, early detection, and a well-defined escape plan.

It is said that condominium managers in today’s industry experience a higher level of burnout than in any other industry. I agree with this statement. This is my “personal” perspective on the subject. Read on to find out why!

On November 4, 2024, the Government of Alberta introduced Bill 30, known as the Service Alberta Statutes Amendment Act, 2024. If enacted, this bill seeks to enhance governance, accountability, and dispute resolution within condominium communities.

New Concept Management Inc. is gearing up again this year to help support a worthy cause. This year’s efforts will be to provide dry goods to the Calgary Food Bank. Together, we can make a difference. Last year, we collected over 900 pounds of non-perishable food items for a worthy cause. Let’s work together to surpass that number this year.

New Concept Management Inc. held another educational Fireside Chat on May 23, 2024. This session was led by Adrian Breitwieser, a seasoned professional with 13 years of experience as a Condominium Manager and a Board of Directors member for both CCI-South Alberta and CCI-North Saskatchewan. He spoke about Reserve Funds.

On April 17, 2024, our one-hour informative session was hosted by Maria Bartolotti. During that time, she discussed the relationship between the board and the management company. Thank you to all attendees for your participation. We look forward to seeing you again, soon!

Hi there, my name is Maria Bartolotti. I have created a blog to share my insights and experiences about the Condominium Management industry. I will be sharing the good, the bad, and the ugly truth about what it takes to stay sane in this line of work, so stay tuned because here I come!