At this point in South Florida choosing a management company is like choosing a politician for office. They are all bad, it is a matter of choosing the lesser of the available evils. Now understand I am not calling Management companies evil (not all anyway) it is just an expression.
Lets be honest here, management companies are in business to make money. Some sell there soul and some are just inept. The fact of the matter is management companies in South Florida are "entrenched" and have created a flux market by accepting "kick backs" from vendors.
What I mean by "flux market" is there is a built in amount of money that is going to management companies from vendors in order to get work (which is illegal), which in turn raises rates. But since there is no standard for this illegal activity the amount being kicked back fluctuates.
Over the next couple of month I am going to be evaluating management companies in South Florida. This should be interesting
Lets be honest here, management companies are in business to make money. Some sell there soul and some are just inept. The fact of the matter is management companies in South Florida are "entrenched" and have created a flux market by accepting "kick backs" from vendors.
What I mean by "flux market" is there is a built in amount of money that is going to management companies from vendors in order to get work (which is illegal), which in turn raises rates. But since there is no standard for this illegal activity the amount being kicked back fluctuates.
Over the next couple of month I am going to be evaluating management companies in South Florida. This should be interesting
0 comments:
Post a Comment