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Enlightments from Balance Sheets of Property Service Project
2011-06-14 15:20:17 Origin: Author: 【Big Middle Small】 Scan:1198Times Comment:0Bar

    According to twenty-third of "Beijing Property Management Regulations" starting from October 1, 2010  the property services companies should  publicized last year's property contract implementation and balance situation and the property service budget in the first quarter of each year  if the owners have any question, the property services enterprises should promptly respond accordingly, all residential property services business in Beijing will have to public notice to the owners this March this year. According to media reports, eighty percent property services business publicize last year's bill, there are twenty percent companies did not o it timely. At the same time for those publicized info, there are content of non-compliance issues, focusing on six areas: First, property companies did not follow the documentation requirements; Second, the location was not significant for publicity posting; third the publicity number is of doubtful accounts; Fourth, the balance of payments statistics are not accurate; Fifth companies intentionally left out public revenue; Sixth, repeatted account appeared in publicity. In addition, some loss appear in property companies' statements,which the owners expressed doubts.

    According to press reports of Beijing Times, Suzaku Gate District, Xicheng District, property fees collected in the year of 2010 is 4.6624 million yuan, 6.124 million yuan of various service fees, income and expenditure balance of -146.16 million, residential property fee payment for the year was 98.34% . Some owners did not understand the reasons and think that loss should be explored, some owners said, although there are challenged, but do not know by what are means to resolve. How to confirm the authenticity of this report is troubling the owners, property companies, after all, you can not rely on unilateral rhetoric. And property services companies said that the residential property costs 2.9 yuan / square meters of standard can hardly make ends meet, but they did not dare raise prices, as prices go through the General Assembly to be approved the owners, can the owners recognize it? After a further rise the payment rates will decline. However, the owners questioned, this standard should not cause loss.
For these problems, lawyers and industry experts have given their solutions. In fact, from the perspective of third-party rating agencies, the problem can be easily solved.

     Whether the 2.9 yuan / square meters of property fee standard is appropriate is not for property owners or business sense to decide.The determination of the price of the property service charges is based on property service standards, the Beijing Municipal Commission of Housing and Urban residential property in Beijing last year has issued the service standard (DB11 / T 751-2010), which is divided into five different ranges, the owners decide to enjoy what level of property services, and paying different fees according to the standards.In addition, the total residential floor area, number of green areas and elevators, running time on the property costs also affect the price. 
     "Supervision of third-party assessment of Beijing Property Services Regulations" Article III, to encourage property rights and interests of the parties to the main property project in determining the fees, property inspection and other aspects of the project and transfer the whole process of property services to supervisory agencies which addresses the owners questions about property prices, property quality, but also to solve the property services because the price is too low, which results in decreased quality of service, dropping of property service charges, and vicious circles of companies losses every year.
Property owners are looking forward to the early recognition of the professional role of third-party rating agencies, and third-party rating agencies have to go through its continuous efforts to achieve a win-win result!


Writer: Deng Xuejun (Property Manager, Electrical Engineer)

Tags:Enlightments from Balance Sheets Property Service Project Edit:cwjgt
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