When you’re looking through Boston real estate for the condominium that you always wanted, there is more to making a selection than just the attributes of the property and the surrounding area. You also want to make sure that the condominium management is to your liking so that you get all the enjoyment possible from whichever of the Boston condos you finally select.
It’s important to remember that all the experts agree management of a condo complex is solely responsible for the success or failure of any community association. While there is a possibility of a conflict of interest when management boards are brought in by the developer, this is not always necessarily a bad thing.
On the other hand, experts caution against the self-managed condominium board since, although they may have a paid manager at the top of the hierarchy, there will be some board members who are inexperienced in the day-to-day operations of the condominium.
Remember that regardless of the size of the Association it needs to be run as a business. The board of directors needs to make all their decisions responsibly and based on sound business judgment.
Many of the experts state that the best Boston condos will delegate major responsibilities to a management company that they hire. The best way to hire one of these management companies is by looking for the ones that are available in the Boston real estate area that is appropriate and asking them to submit proposals.