LoriM15 (Florida)
Posts: 1,009
Posts: 1,009
Posted:
We are changing property management companies on April 1. So far the process has been going smoothly - the new company is very organized and professional. They will have a transition PM from the new company on site for three months to get the new employees up and running. Unfortunately, our old employees had signed non-competes and even though we tried to get the old company to let us pay the liquidated damages in the contract to let them stay at our community, the company refuses to negotiate. It's not an ideal situation and we were naive to think that we could buy out their contracts.
Today I got a call from the regional director informing me that the new company "C" is not allowed on property or to interact with the old company "F" employees before April 1. We had hoped that our "F" employees could help train the "C" employees on our gate databases and systems, alarms, security, etc. The manager said that if there were procedures already documented they would leave them, but otherwise they are not going to help in the transition. Behind the scenes, "F" has been providing financial records and all the things they are required to do per the state statute.
I understand that "F" has no incentive to do this, but we were hoping that there would not be a knowledge gap between the contracts. Right now it looks as though the board is going to have to go in and grab a list of all vendors and contacts and also learn all the systems to train the "C" employees.
Any other suggestions or experiences in changing management companies like this?
Today I got a call from the regional director informing me that the new company "C" is not allowed on property or to interact with the old company "F" employees before April 1. We had hoped that our "F" employees could help train the "C" employees on our gate databases and systems, alarms, security, etc. The manager said that if there were procedures already documented they would leave them, but otherwise they are not going to help in the transition. Behind the scenes, "F" has been providing financial records and all the things they are required to do per the state statute.
I understand that "F" has no incentive to do this, but we were hoping that there would not be a knowledge gap between the contracts. Right now it looks as though the board is going to have to go in and grab a list of all vendors and contacts and also learn all the systems to train the "C" employees.
Any other suggestions or experiences in changing management companies like this?