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3 Property management trends for 2024 Scheme Executives must know about

As a Scheme Executive, you carry the weighty responsibility of overseeing your sectional title community’s management and upkeep. The decisions you make shape everything from property values and growth potential to residents’ quality of life. Keeping your scheme financially sound, well-maintained, and continually improving requires staying on top of emerging real estate and property management trends.

What new technologies should you invest in? How can you implement sustainable building practices? What recent compliance updates or regulatory changes could impact governance documents and levies? Asking these questions is key to effective Scheme Executiveship in an ever-evolving landscape. By understanding 2024’s latest trends, you can future-proof value for homeowners and investors. Additionally, you ensure liveability and satisfaction rates remain high for years to come.

“As a Scheme Executive, your decisions shape your community’s future,” says Pearl Scheltema, CEO of Fitzanne Estates, and Sectional Title Managing Agent. “Staying informed on the latest property management trends is key to guiding your scheme toward sustainable prosperity.”

Scheltema explains that by continually educating yourself on emerging technologies, best practices, and changing regulations, you can make better decisions. This includes evaluating investments, identifying cost and revenue strategies, and knowing when to lean on specialised partners.

“Knowledgeable Scheme Executives drive community success,” she continues. “Proactive leadership garners further engagement from owners and fuels value enhancement over time.”

Read the full article here.

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Media contact: Cathlen Fourie, +27 82 222 9198, cathlen@cfcommunications.co.za https://www.fitzanne.co.za/

More about Fitzanne Estates

Fitzanne Estates (Pty) Ltd is a Property Management Company that can sufficiently administer your property investment to the benefit of the Landlord, the Body Corporate, and the NPC – Non-Profit Company. Services include Letting, Sectional Title Management, Full Title Management (NPC – Non-Profit Company) and Sales.

Website: https://www.fitzanne.co.za/

LinkedIn: Fitzanne Estates

Twitter: @FitzanneEstates

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Podcast: Fitzanne’s Property Exchange

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