Many of you have written wise things and have also given me good advice in the past; I'd like to get your feedback on this.
Miraculously, it looks as though our current VP is serious about getting rid of our managing agent/management company. (I've posted in the past about proxy tampering and other issues.) This is a great, great sign. It also gives me hope that the VP may be starting to think independently of the BP (who wants to retain the MA/management company).
The current managing agent was hired by the BP, who was the only one to interview her and presented it to the rest of the board as a fait accompli: "Here is our new managing agent." The way it always worked was this: the BP would meet with the MA on a monthly (sometimes bi-monthly) basis. Alone. During my stint on the board, I found this odd and asked if I could attend. Initially the BP told me I could, but that first meeting came and went and I wasn't notified that it was happening. So I asked that I be included in the next one (and the next one, and the next one...). The BP hemmed and hawed and said: "Well, the thing is, often we change the time at the last minute, so it's difficult to set up with an additional person..." To which I would respond: "Well, let me know anyway. Give me a heads-up. If I can make it, I will." And he would just never let me know that these meetings were happening.
Subsequently friends in other buildings raised their eyebrows at this and told me that it is not standard procedure for the MA to meet solely, alone, with the BP. In their buildings, the MA meets with the entire board (or a majority).
How does it work in your buildings?
Now that we're shopping for a new management company and MA, I'd kind of like it if we could start out on the right foot. I'd like the entire board to have a working relationship with the MA. It just seems healthier to me.
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.