2018-07-09 · Facebook (in Russian)

Why a management company dependent on the developer is a bad option for residents

Why is a management company that depends on the developer a bad option for residents?

Many developers create their own management companies to act as a buffer between them and the residents on warranty issues. And to save the developer the cost of fulfilling its warranty obligations.

The few remaining ones, who talk about residents' convenience not just for show, create their own management company because they can't find anyone decent on the market) as our experience in Surgut showed, good developers really do have the pain of "who can we hand the finished building to so that they don't ruin it."

One way or another, there are very few good cases of a developer creating a strong management company. A developer's main and favorite business is building good buildings. Not every developer's, of course. Some build rubbish just to make a quick buck. But exceptions happen)

Consequently, the best resources, including people, are busy with that. Management companies don't bring in the money that construction brings in. So strong people aren't put on this. And weak ones can create little

And of course it is worth remembering that it is the residents who should decide, not the developer. The developer can only recommend one management company or another to the residents. If in the developer's reality there is no option for residents to choose their management company themselves, that should be a warning sign when buying an apartment)

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Translated from Russian. First published on Facebook on July 9, 2018.