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Virtual Town Hall

How to Right-Size Your Condominium Fee

Senné & Schernecker Property Services (SPS)

 

Is a lower condo fee better for your community?

 

It is tempting to strive for the lowest possible fees year over year. However, this "set it and forget it" approach may not be the best allocation of community resources to achieve the highest value for homeowners. Determining your community's ideal fee can be overwhelming. But it doesn't have to be.

 

Join Eric Churchill from SPS as he takes you through the legal, technical, financial, and social factors that should be considered when determining monthly condominium fees.

 

This session also covers the three essential steps to right-sizing fees:

Step 1: Collect the Data, Get the Facts

Step 2: Calculate the Gap

Step 3: Create an Actionable Plan

 

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