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

Links and Resources:

• Rezzi
• Peter Fletcher on LinkedIn

Subscribe on these channels:

• Apple Podcasts
• Spotify
• Podchaser