Martinique was founded by group of senior business people with many years of service in the Sectional and Full Title environment, as well as in other Business Sectors. Martinique handles the Management of more than 100 Full Title and Sectional Title Schemes as well as Security Villages in the greater Gauteng Province. More than 4,000 residential units are involved. The levy turnover amounts to more than R3.5m and the Insurance Brokers on our panel has more than R3.5b fixed property under cover. Martinique positioned itself with experienced Managers assisted by an Accounts Assistant and a Financial Officer. This unit handles a maximum of 15 Complexes insuring service delivery and a continuance of relationships between the Schemes and Martinique. Unlike before and other agencies, the staff turn over has dropped to virtually nothing. We believe that the relationship between ourselves and the Scheme is the glue of a successful venture, benefiting both parties leading to a Properly Managed Scheme.
The market average for a schemes manager is between 25 to 40 schemes. This is where we have identified the most common problem. Hence we have a team of three people on 16 average schemes. Due to the economy changes world wide the South African property market came under severe pressure and most agencies are rationalizing