I have a concern about a conflict of interest with the hiring of vendors. We
have a property manager that was hired without any prior experience. There have
been several vendors hired without multiple bids at the suggestion of the
property manager. Even the financial auditor was suggested by property manager
which is a concern to me. Our current property manager is making strong recommendations
for several of our vendors based on personal opinion rather than experience.
Can
anyone address the issue involved with a conflict of interest represented by the
property manager? What are some signs to watch out for if the property manager
is not promoting the interests of the community association but rather the interests of the
vendors or their own organization?