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ZDFin News

Executive Managing AgentIndustry NewsPress ReleaseZDFin News

Streamlining the Role of the Sectional Title Portfolio Manager – The Benefits of Appointing an Executive Managing Agent (EMA) in a Community Scheme

Managing a community scheme is no easy task requiring extensive knowledge of legislation governing community schemes, financial understanding, mediation and organisational skills, and the ability to handle various responsibilities and personalities simultaneously. In this article, we will explore a few examples of how the appointment of an Executive Managing Agent...
ZDFin News

Carving a career in the Managing Agency industry

Written by Shirley Baillie of S Baillie and Associates  With the increasing challenges being thrown at those working in the Sectional Title industry, it can rightfully be said to be a taxing genre in which to work. Challenges include a poor economy which is putting financial pressure on owners in...
Industry NewsZDFin News

ARTICLE: Another Managing Agent Delinquency

By now, most in the industry would have heard that yet another managing agent has been recently forcibly closed due to alleged fraudulent activities and mismanagement, leaving their clients, they being schemes, high and dry. Tragically, it also seems that those against whom this alleged fraud was perpetrated were incorrectly...
Executive Managing AgentZDFin News

ARTICLE: The increasing importance of dealing with reputable service providers in your scheme.

The economic crunch in South Africa has put multiple schemes, this being bodies corporates, share-block companies, and homeowners’ associations,  under heightened financial pressure. It is in times like these that it is vital that schemes partner with trusted service providers to assist them to navigate these challenging times. Scheme executives...
Levy Finance and Specialist CollectionsUnfinanced Levy CollectionsZDFin News

ARTICLE: An Unfinanced Levy Collection Offering

The economic crunch in South Africa means many schemes, bodies corporates, share-block companies and homeowners’ associations, are under intense financial pressure, primarily as a result of escalating levy arrears within schemes. ZDFin, a team comprising of Financial and Property Management experts, have first-hand experience and understanding that that levy arrears...
ZDFin News

ZDFIN CELEBRATES THE TERRIFIC TWO’S

South African business has been through a torrid time over the past two years and almost every one now has a covid story or two woven into their company narrative. “We’re incredibly thankful to have come through this period, stronger than when we started,” says Michael Schaefer, CEO of ZDFin....
Executive Managing AgentZDFin News

WHY APPOINT AN EXECUTIVE MANAGING AGENT (EMA)?

Being a Trustee in a scheme is a time-consuming, often thankless job and requires hours of meetings and engagements, mostly without remuneration. Owners need to realise that administering a scheme from a trustee point of view, is much like running a business and deserves a similar level of care and...
ZDFin News

IS THE CSOS FULFILLING ITS MANDATE?

The 7 October 2016 signified a new dawn for Community Living in South Africa, with the creation of the Community Schemes Ombud, enabled by the Community Schemes Ombud Service Act 9 of 2011.  As a result, it was destined to have profound consequences for the greater industry. Major role players...
Industry NewsPress ReleaseProject Finance

UTILITIES MANAGEMENT MAKES GOOD BUSINESS SENSE

Media Release January 2022 UTILITIES MANAGEMENT MAKES GOOD BUSINESS SENSE Deteriorating and unstable supply of electricity from ESKOM and the unreliable delivery of services by collapsing municipalities country-wide, has exacerbated the move by consumers towards alternative, more sustainable, smart energy solutions.  Increasingly the implementation and management of suitable utility tools...
Industry NewsProject FinanceZDFin News

THE RAINS ARE COMING…BUT ARE YOU PREPARED?

Media Release 15 August 2021 THE RAINS ARE COMING...BUT ARE YOU PREPARED? According to the Collins dictionary the saying 'it's better to be safe than sorry', advises someone ‘to take action in order to avoid possible unpleasant consequences later, even if it seems unnecessary’.  “As old-fashioned and over-used as this saying is, it still holds true today,” says ZDFin CEO...
ZDFin News

WOMEN IN THE PROPERTY BUSINESS…COMING OUT TOPS!

Media Release August 2021 WOMEN IN THE PROPERTY BUSINESS...COMING OUT TOPS! The past year has been a year like no other.  The impact of the covid pandemic on the workplace and women in particular, is staggering.  A recent survey by Deloitte Global, of 400 women across nine countries, showed a...
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