[vc_row][vc_column][vc_column_text]Certainly one of the main goals of the syndics is to lower the condominium fee. After all, to make the activities develop satisfactorily while reducing costs it’s a sign that there is an efficient management, assertive and concerned about the collective good.
However, there is no “magic formula”. The task requires reviewing expenditures, planning, and practical measures to be able to cut costs intelligently so that it does not harm the operation of the enterprise.
With that in mind, we have listed some good practices to reduce the condominium fee and have an increasing index of satisfaction among condominium owners.
Condominium costs
Before we show the actions that can be taken to reduce the condominium fee it is important that you know by which expenses it is mainly composed. Check it out:
40% to 50% with payroll;
20% to 30% with water consumption, electricity, gas and telephone;
about 15% with maintenance, elevators and insurance;
approximately 10% with administrative expenses, bank, reserve fund and minor repairs.
Valuable measures to reduce the condominium fee
As we said, although it’s not an easy task, it is possible to reduce the condominium fee with some attitudes, often simple, but that makes all the difference in the final result. Here are some of them:
Get organized
The first step in reducing the condominium fee should be the organization. This attitude is essential for effective cost control.
In that sense, it’s much easier to view in organized and scanned worksheets than papers saved in folders and a manual control that doesn’t help to have a complete picture of the finances.
The tip is to constantly update the expenses incurred in spreadsheets and systems, as well as the amount of material used and those that are in excess or missing.
Be aware of employees
The payroll, as you saw, accounts for most of the expenses of a building. Therefore, one of the attitudes to reduce the condominium fee should be a review of the human resources of the enterprise and if there is a possibility of reducing it.
Often, when making an analysis, it is possible to come to some important conclusions. Among them is the lack of need in having certain professionals hired and that outsourcing would be a good choice, or even that some are doing many overtime and that would be better hiring a new employee. It is a fact that, in giving attention to this issue, the syndic can find loopholes where it is possible to economize.
Reduce the electric bill
The reduction in energy consumption, without doubt, is one of the most important actions to reduce the condominium fee. Some tips, in this case, are:
whenever possible opt for LED lamps that are 80% more economical than ordinary;
investing in presence sensors;
reduce the number of lights on common areas;
leave off equipment when not in use;
make employees and tenants aware of the importance of saving to reduce expenses at the end of the month.
Covers defaulters
Default is one of the main problems faced by syndics seeking to lower the condominium fee. Therefore, it is essential to have a close control of those who are owed and their values. If the friendly charges are not successful, it’s advisable to take the appropriate legal measures to avoid harming all the condominium owners.
In addition, it is important to maintain a reserve fund that make up the losses for a certain amount of time, so that no one needs to go through financial contingencies when receiving the ticket for payment.
Invest in technology
Technology is a great ally reducing the condominium fee. Through several solutions it is possible to save with payroll, for example, and still have more convenience.
Features include virtual concierges, gate automation, access control through applications, monitoring of external and internal areas by cameras, systems for automation of tasks and management software.
Even if at first some technologies require higher costs due to the installation, over time it is possible to observe considerable savings, besides the optimization of the managers work.
Did you like our tips on how to reduce the condominium fee? Want to know more about other related topics? So, check out the post on how control os visitors in condo![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ultimate_icons][/ultimate_icons][/vc_column][/vc_row]
