Property management boards have a tough task. Their members are all volunteers, but they must make hard decisions that affect the entire building — owners and tenants both. Because they are tough to fill (high time commitment with no reimbursement), boards will often take whatever members they can get, often ones with little or no education about what constitutes responsible property management.
Hales Property Management, along with other elite Chicago property management companies, has taken responsibility into their own hands by providing valuable education to board members. Raising the overall education level of a board can have dramatic effects on the quality of their decision making process, which in turn lets properties flourish.
When selecting a property management company, check to see which ones offer education to boards. This tends to be the clear sign of a company with a deep commitment to superlative service.
Read the full article Getting Ahead of the Curve at The Chicagoland Cooperator