Innovation: Co-ownership syndicates are often made up of volunteers who, on the job, must learn the intricacies of condominium management and regulatory obligations. Regisco has developed a platform especially for them that provides a digital maintenance log.
Posted at 11:00 am
The Montreal-based company will soon add a system of easy-to-fill online forms that automatically generates the logbook and its schedule — a first, the company says, in the cluttered environment of condominium management services and software.
Kayci Ozorai dreamed of becoming an entrepreneur from a young age and quickly became interested in real estate. She was still studying at HEC Montréal when she responded to a job offer in a housing management company.
She quickly realized that this environment did not have a simple and easy-to-use tool to plan and organize the condo inspection and maintenance operations.
To meet this need, she founded Regisco with her colleague Philippe Desormeaux in 2018. She was then 24 years old. Regisco now has eight employees.
This has prompted us to create a care and maintenance protocol that allows us to centralize the information within the platform and also to plan well.
Kayci Ozorai, co-founder of Regisco
“Because in the area of co-ownership there is an enormous fluctuation rate of administrators and managing directors. There is therefore a loss of information that causes costs in the long term,” argues M.me ozorai
Regisco’s digital maintenance log makes it easy to plan and record maintenance work in accordance with Law 16, passed in 2019.
This logbook contains a maintenance plan, a list of the affected components and a log of the work carried out.
Each month, the admin will receive an email informing them of the checks or activities to be performed during the month.
“At the end of the year, the board can create an activity report and prove to the co-owners that the building is in good hands,” explains Kayci Ozorai.
In its original version, tested and refined over a year with various co-ownership communities, setting up the digital maintenance book required a prior visit and photograph of the premises.
This step will no longer be necessary with its new and forthcoming version.
Regisco is the first digital service book created from five tested forms that are super user-friendly, easy and quick to fill out.
Kayci Ozorai, co-founder of Regisco
Each is dedicated to one aspect of the property: infrastructure, superstructure and building envelope, interior design, services and finally outdoor facilities.
To facilitate the identification of equipment and elements of the property – for example the type of roof – these forms are accompanied by photos of around 350 components.
Form responses automatically create an online platform with a ready-to-use interview transcript.
The platform and notebook were developed in-house by the Regisco team, which consists of two engineers, one architectural technologist and four developers in addition to Kayci Ozorai.
The $18 per month basic plan provides access to the maintenance log. The higher formula priced at $25 adds the co-ownership register. A definitive formula includes online video training with 30 lessons in seven modules on condominium management.
Kayci Ozorai took part in the Recharge program for female founders last spring.
“It allowed me to interact with experienced professionals in different fields, but also with women entrepreneurs,” she says. I still have a team made up of men. »
This energetic team is initially dedicated to the introduction of the automatically generated service protocol with forms, which is expected to take place at the end of September.
“In the short term, we want to create a module to monitor the study of the provident fund with an accounting module to integrate management of union cash flow,” she adds.
The Ontario market, which is subject to very similar requirements to Quebec, is to be approached within three years.