After living in a free-standing house, buying your first strata property can be quite a shock.
With research you’ll find the financial and legal advice you need on what to look for in buying a strata property (go to the FAQ section of my website www.ourbodycorp.com.au to get this information free of charge).
But getting in sync with your new community of neighbours can be harder to grasp.
You may love the apartment you plan to buy, but the grounds are looking tired and the pool’s a little dated. You think, don’t worry, when I move in I’ll get active on the Executive Committee and smarten things up. The other owners will thank me for my efforts.
Well that’s not the approach I’d recommend. Think of buying into a strata scheme more like joining a community. Start by asking lots of questions and keeping your opinions to yourself. Be respectful, patient and polite. Employing a clear long-term strategy should achieve results.
When making inquiries phrase your concerns with open questions such as, “is there a plan for refurbishing the pool?” or “what’s the budget allocation for upgrading the garden?”
Negative comments about the current garden may offend an owner who’s been trying to keep the garden going on a limited budget.
Remember also that you will be living in a community where majority rules so you mightn’t get everything your own way. Prioritise what’s important to you and don’t sweat the small stuff.
People often talk negatively about living in strata communities but I really enjoy working with the neighbours to achieve common goals.
Afterall we’re all committed to the same objectives, to improve the value of our property and live in harmony with our neighbours. As my husband knows, I’m always right but occasionally when I’ve listened to others I’ve noticed that they have a point.
Look for Part Two tomorrow
