How to make horizontal property management more effective and comprehensive?

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Sometimes, the management of horizontal property is assumed by people who, in reality, are not the most suitable to carry out that role. It is common to see that among the co-owners some volunteer arises to act as administrator. However, in most cases, they are people who have little or no management knowledge , do not know in depth the legal regulations that govern the matter and are not familiar with tools that help improve results. Consequently, you end up with chaotic neighborhood communities in which nothing works well. The co-owners remain dissatisfied and, meanwhile, the figure of the administrator becomes increasingly deteriorated. In this post we want to explain to you what horizontal property management entails and how the digital tools available for this sector influence it. Likewise, we will share several strategies to make management more effective and comprehensive. What does horizontal property management consist of? Horizontal property management consists of the planning, organization, direction, execution and control of the various activities related to the existence and use of a real estate asset. Generally, it belongs to several co-owners.

To carry it out, it requires the application of certain knowledge, as well as having various skills. Likewise, it involves the management of logistical and human resources, necessary to satisfy the needs of the community of co-owners . Among the functions that the administrator of one or more horizontal properties must assume are: Know, comply with and enforce current legal regulations. Likewise, know and respect Ireland Email List the guidelines established by the regulatory bodies of horizontal property. Efficiently use and distribute the horizontal property resources (economic, human and physical). Make budgets for expenses and income. Use tools for prevention and risk assessment. Plan, purchase goods and hire the services necessary for the management of the horizontal property. Manage collections through the application of effective collection techniques. Prepare assembly meetings and prepare management reports. “Using real estate software also helps you improve the processes and performance of your company.



Traditional management vs. digital management The management of horizontal property assets has traditionally been handled empirically . Likewise, what is common is that those in charge of managing condominiums carry out their administrative processes with little digitalization. All of this, regardless of the speed and high quality standards that current times demand. Therefore, administrators fail to obtain good results in their management. They arrive exhausted at the end of their term (1 year, according to Law 675 of 2001) and without any significant achievement that can be attributed to them and that has given satisfaction to the community. In this sense, digital tools are a great ally for the administrative management of horizontal property. Currently, there is specialized software in this area that greatly facilitates and speeds up the work of administrators and makes it much more effective. Among the characteristics that these management instruments present we can mention: Great accessibility The administrator can perform his duties anywhere he wishes . These systems are hosted in the cloud and can be accessed from any device with internet access.