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First Community Management
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www.condomanagement.com

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First Community Management Complaints 1

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4:39 am EDT
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First Community Management Property manager

First Community Management lacks very fundamental function of property manager - accurate and complete financial statements. FCM does not provide balance sheet and cash flows. Without balance sheet, owners cannot find out liabilities or assets. This is more problematic because FCM refuses to provide monthly financial statements to owners.

Bob Langjahr has never informed of any liabilities to owners. I found out on court record that there was $32, 000 lawyer fees in order to collect $3, 500 unpaid assessment. Bob Langjahr and the lawyer claimed legal expenses to collect unpaid assessment are paid by owners. However, the court/judge did not approve unconscionable $32, 000 legal fees. Therefore, this $32, 000 became condo association's liabilities. And this liabilities are hidden because FCM does not provide balance sheets to owners.

Reserve is the same. I have asked status of reserve which Bob Langjahr refused to respond. One day other owners emailed that my condo building was about to be sold to a developer. Although I was extremely dissatisfied with property manager, I did not believe this extreme step at first. But Bob Langjahr indeed prepared presentation meeting by K. in order to sell the building to developer. Bob Langjahr sent out a memo that how low our reserve status was, and this was first time I found out status of reserve. I also found out FCM move out funds between reserve fund and operating fund repeatedly.

Several owners asked who initiated and contacted K. to sell our building; Bob Langjahr and K. representative responded while they were communicating, they had this idea of selling our condo building to developer.

Owners also asked Bob Langjahr whether FCM receives any benefit. Bob Langjahr with huge smile responded he and FCM just sacrifice their annual property manager fees over $30, 000 for our owners' sake. I previously emailed whether there is any potential profits by FCM, FCM made a lawyer (who is paid by our condo association) to respond: there is no "finder's fee." no finder fee? what else?

What they have concealed was the management agreement states $150/hr for FCM in addition to regular property management fees for any extra works.
When I asked condo documents, Bob Langjahr made the lawyer to respond $750 must be paid in advance, and $750 was Bob Langjahr's $150/hr fee for extra work. The management agreement also requires $150/hr including travel time for property manager to attend board meeting.

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Is First Community Management Legit?

First Community Management earns a trustworthiness rating of 91%

Highly recommended, but caution will not hurt.

Our conclusion: After a detailed review, ComplaintsBoard finds First Community Management to be a trustworthy company. Although there's a 0% resolution rate for customer complaints, which deserves attention, First Community Management is known for their high standards and safety. If you're thinking about dealing with First Community Management, it's wise to check how they handle complaints.

We found clear and detailed contact information for First Community Management. The company provides a physical address, phone number, and email, as well as 3 social media accounts. This demonstrates a commitment to customer service and transparency, which is a positive sign for building trust with customers.

The age of First Community Management's domain suggests that they have had sufficient time to establish a reputation as a reliable source of information and services. This can provide reassurance to potential customers seeking quality products or services.

Condomanagement.com has a valid SSL certificate, which indicates that the website is secure and trustworthy. Look for the padlock icon in the browser and the "https" prefix in the URL to confirm that the website is using SSL.

Condomanagement.com has been deemed safe to visit, as it is protected by a cloud-based cybersecurity solution that uses the Domain Name System (DNS) to help protect networks from online threats.

However ComplaintsBoard has detected that:

  • Condomanagement.com has relatively low traffic compared to other websites, it could be due to a niche focus, but could also indicate a potential lack of traffic and popularity. The condomanagement.com may offer a niche product or service that is only of interest to a smaller audience.

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Overview of First Community Management complaint handling

First Community Management reviews first appeared on Complaints Board on Sep 28, 2016. The latest review Property manager was posted on Sep 28, 2016. First Community Management has an average consumer rating of 1 stars from 1 reviews. First Community Management has resolved 0 complaints.
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  1. First Community Management Contacts

  2. First Community Management phone numbers
    +1 (312) 829-8900
    +1 (312) 829-8900
    Click up if you have successfully reached First Community Management by calling +1 (312) 829-8900 phone number 0 0 users reported that they have successfully reached First Community Management by calling +1 (312) 829-8900 phone number Click down if you have unsuccessfully reached First Community Management by calling +1 (312) 829-8900 phone number 0 0 users reported that they have UNsuccessfully reached First Community Management by calling +1 (312) 829-8900 phone number
  3. First Community Management emails
  4. First Community Management address
    935 W. Chestnut Street, Suite 201, Chicago, Illinois, 60642, United States
  5. First Community Management social media
  6. Nick
    Checked and verified by Nick This contact information is personally checked and verified by the ComplaintsBoard representative. Learn more
    May 13, 2024
  7. View all First Community Management contacts

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