The WA Property Q&A
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EP40 Navigating Strata Management in WA with Nikki D'Agostino
In this episode of WA Property Q&A Podcast, Nikki D’Agostino joins us once again, this time, not only as a guest, but also business partner and discuss the intricacies of strata management in Western Australia.
Key points:
- Learn about the current lack of regulations for strata managers,
- the importance of transparency in commissions,
- the potential for reform within the industry.
- Discover how developers can better manage initial levies,
- the role of 10-year maintenance plans, and i
- innovative ways to redevelop older properties.
Be sure to watch the full episode on YouTube and subscribe on your favorite podcast platforms. We hope you enjoy this conversation.
Chapters:
00:00 Introduction to WA Property Q&A
00:47 Meet Nikki D'Agostino: New Business Partner
01:21 Motivation behind starting a strata management business
01:59 Industry changes and media focus
02:59 Lack of regulation in WA strata management
04:00 Upcoming educational requirements
05:29 Proposals for licensing and regulation
17:43 Challenges in strata management communication
21:07 Technological solutions and relationship building
22:08 Optimal council size for effective management
22:32 Communication strategies for strata management
24:06 Role of real estate agents in strata management
25:47 Controversy over strata manager commissions
31:05 Developers' influence in strata management
33:21 Importance of 10-Year maintenance plans
35:16 Revitalizing Older Buildings
40:09 Funding and grants for strata improvements
42:28 Conclusion and Future Prospects
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