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CM Magazine Library

Winter 2023 Issue
With over 12,000 condominium corporations and just over 2,530 General Licensed managers in Ontario, the condominium management industry struggles to meet the needs of a growing demand. This edition of CM magazine focuses on the cause of the shortage and attracting, hiring, training, and retaining good managers in the challenging condominium management profession.

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Showing Articles from the category 'Feature'


You Can Avoid Legal Conflict

of Shakespearean Proportions

Feature || Robert Mullin

“Much Ado About Nothing” remains an ever-current play by William Shakespeare. A satire on the internal struggles of an extended noble family, it portrays conflicts fuelled by gossip, mistaken identity and damaged pride. 


A Discussion

of Value

Feature || Dianne Werbicki, Bill Thompson

Bill Thompson, RCM, is president of Malvern Condominium Property Management. Bill is this year’s recipient of the Leader of the Year Award. The award is presented to an individual who has demonstrated team leadership in business practices, and/or in development of professional property managers.


Laws of

Attraction

Feature || Steven Christodoulou

ACMO was founded over 40 years ago in an effort to educate and regulate condominium managers in a new and budding industry. Condominium management is still a very young profession when you compare it to most others outside the tech world.


Are You a Superstar

or Just Average?

Feature || Harold Cipin

“Above and beyond”, “Going that extra mile”, “Just putting in the time”, “Going through the motions”! Timeless clichés to be sure, but are any of them applicable to you as a condominium manager? The landscape of condominium management in Ontario has changed significantly in these past 18 months and none more so than for the men and women who actually manage condominium corporations day to day. 


Professional Condominium Manager

or Office Helper?

Feature || Bill Colucci

Every property manager wants and needs to progress professionally, as well as financially. But do we work to progress as managers and professionals? Or are we content to remain with our “recent RCM” status, attitude and knowledge base?

 


What Goes Up

Should Come Down

Feature || Pamela Smuts

As a property manager, it is never an easy conversation to have with a Board of Directors and owners that the elevator they all depend on needs to be replaced. I am going to walk you through my own elevator project including preliminary steps through working with a team of experts to oversee the project from start to finish.


Leveraging Skills

in a Second Career

Feature || Harry Nielsen

Licensed condominium managers and RCMs bring a variety of skill sets to the boardroom table. While many are choosing condominium management as their first career after secondary school, others have already achieved post-secondary degrees and certificates. Still other managers have valuable work-life experiences as new Canadians that they can share. Here is one manager’s story of making a successful career leap of faith when others may have given up.

Together,

We are Better

Feature || Jason Riddle

I received an invitation to contribute an article in CM Magazine on the heels of being awarded ACMO’s 2018 Genesis Award.


Your Manager

is Not Your Clerical Assistant

Feature || Peter Walpole

By training and personality, your condo manager is a skilled organizer. By government regulation, the manager is a trained professional — having studied for, and passed, a set of carefully developed courses and exams. Your manager is required, and willing, to take continuing training.


Prepare to Do Well

on the RCM Exam

Feature || Janice Schenk

Are you ready to write the RCM Exam? Being eligible to write the exam and going on to successfully pass the exam are two different things. The average passing rate for the RCM exam over the past two years has been 66%; that means that only 66% of the candidates writing any RCM exam have passed. You may write the exam a total of three times, but how can you prepare to ensure success the first time you write?


Condominiums are an

Economic Engine for Ontario

Feature || Patricia Elia

A condominium property cannot survive without the contributions of the trades and professionals that provide valuable services to the province's corporations on a daily basis.


Let’s Talk

Money

Feature || Various

Repairs, retrofits, renovations, reserve funds, maintenance fees. Our industry experts weigh in on financial issues that are the bane of condominiums.


Petty Cash

How Are You Tracking?

Feature || Ann Horruzey

How do managers handle petty cash. Here are some tips to help you control this cash fund.


Top Considerations

for Deciding between Special Assessment, Loan or Deferring a Major Project

Feature || Pierre Sauve, Ryan Griffiths

A condominium corporation with major repair or remediation needs and not enough Reserve Funds is faced with difficult decisions. Here are some of the important questions the board should consider if faced with the tough choice between special assessment, loan or deferral:


The Defining Moment

ACMO 2000 Certification

Feature || Shane Haskell

Since its launch in 1999, the ACMO 2000 Certification program has become the recognized standard to measure condominium management companies for their commitment to follow and adhere to a strict set of service standards – not found anywhere else in the condominium industry.