If you’re thinking about a new career path, the strata management industry might have exactly what you’re looking for. For starters, strata managers get to wear many hats, and the role is diverse. One moment you’re a problem solver; next, a peacekeeper, legal eagle, property manager, or everything rolled into one. It’s what makes the role unique. Sounds complex? Let’s start with the basics, what is a strata manager?
A strata manager is a professional who helps the strata owners’ corporation or strata committee with the strata-titled or community-titled scheme’s administration. They follow specific instructions issued by the committee and work together to ensure the property is well cared for and maintained for the benefit of all owners within the building.[1]
Which begs the question, “What qualifications do I need to kick off a career in strata management?” You will likely find a suitable role if you’re qualified in accounting, administration, compliance, customer service or business operations. That’s because many skills and experiences from other industries are directly transferable to strata management. They include:
| ● Law
● Finance ● Project management ● Accounting ● Business or management ● Customer service |
● Compliance
● Events management ● Property management ● Sales ● Administration ● Property development
|
● Hospitality
● Insurance ● Marketing ● Retail ● Engineering |
Like other industries, the strata industry can be rewarding if it is the right industry for you. Here’s what you can expect.
- Growth and stability: In Greater Sydney, almost 46% of homes are strata or community-titled, which means a considerable portion of our city’s residents live in apartments or medium to high-density homes. But, of course, that’s just the residential side of things. Large to medium developments range from commercial, industrial, and retail. The number of strata and community schemes is growing rapidly, making strata management a stable industry with many opportunities for qualified people.
- Rewarding: While strata managers are often remunerated well for their roles, that’s not the only reward for working in this industry. Owners and residents in strata schemes face daily challenges and often don’t know how to resolve them. Our role in assisting those who need it and the positive outcomes we bring to their community is rewarding too.
- Variety: There’s never a dull moment. With so many facets to strata management, all days are different. One day you could be meeting engineers on a site to discuss a remedial works project; the next day, you’re running a financial presentation for a group of clients.
- Challenging: When you’re dealing with people, new and interesting issues come up almost every day, requiring you to wear many different hats to find solutions.
At Strata Sense, whatever your background, we can train and upskill you in strata or help deepen your experience as a strata manager. If you’re interested in a career with us, give us a call or email careers@stratasense.com.au.
[1] Source: https://nsw.strata.community/strata/strata-managers-role/