Why you should consider being on the strata committee of your apartment

Considering trying your hand at being a part of your buildings strata committee, but unsure what to expect? The team at Ayre Real Estate have got you covered! We’re giving you the breakdown on what being a part of your strata committee means for you, your property, and the future of your investment.

Let’s begin by understanding what a strata committee actually is.

A strata committee, or formerly known as the ‘executive committee’, is an appointed accumulation of selected individuals that act as representation for all owners in the block. The strata committee will be responsible for day in, day out running and administration of the strata plan including regular committee meetings and running of the AGM with the appointed Strata Manager to administer, make suggestions and proposals and facilitate the smooth  running of your strata scheme.

Why should I consider being a part of a committee? We’re here to give you our top reasons for consideration below.

01. Have a say

If you have ideas, suggestions or concerns, you have the ability to be part of the discussion and solution alongside your fellow committee members. In conjunction with the advice and support of your Strata Manager, being part of the EC means you can help navigate the building and protect your asset.

02. An opportunity to make a difference

Noticed a way in which to improve the buildings appearance? Have a clever way of saving the scheme some money by employing smart technologies or service provider solutions? Being on the strata committee allows you the opportunity to raise opportunities for improvement with your fellow committee members, the strata company and potentially submit a proposal at the AGM,  being involved is a really great way to stay in the loop for what’s happening in the building.

03. You know your investment is being looked after

Investing in property can be a significant step in your lifetime. Having peace of mind that your apartment and the building that it is located in, is in good hands and being looked after, is a terrific strategy. Being involved as part of the strata committee provides a hands-on approach. Afterall, you have invested into your own property lot as part of the strata scheme, having input into the overall running and management of the building your asset sits within will help safeguard and protect your investment more over time.

We are for apartments.

If you are considering buying or selling your apartment in Sydney city or its surrounds, we would love to help you. Ayre Real Estate are specialists in apartment living and ready to help find your ideal property. Talk with us today to find out more.