SME Innovation Regisco | Simplify the life of the syndicate of co-ownership

Innovation: Syndicates of co-ownership are often made up of volunteers who must learn on the job the intricacies of condo management and regulatory obligations. It is especially for them that Regisco has developed a platform that provides a digital maintenance tracking log.

Marc Tison
The Press

The Montreal company will soon add a system of easy-to-fill online forms, which will automatically generate the logbook and its schedule — a first, the firm maintains, in the cluttered environment of condo management services and software.

Who

Kayci Ozorai dreamed of being 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 condominium management firm.

She quickly noticed that this environment did not have a simple and easy-to-use tool to plan and organize the verification and maintenance operations of condominium buildings.

To meet this need, she founded Regisco in 2018 with her colleague Philippe Desormeaux. She was then 24 years old. Regisco now employs eight people.

“Because in the field of co-ownership, there is a huge turnover rate of administrators and managers. There is therefore a loss of information which incurs long-term costs,” argues M.^me Ozorai.

The tool

Regisco’s digital maintenance log facilitates the planning and recording of maintenance operations, as required by Law 16 passed in 2019.

This logbook includes a maintenance schedule, a directory of the components concerned and a log of the operations carried out.

Each month, the administrator receives an e-mail notifying him of the checks or activities to be undertaken during the month.

“At the end of the year, the board of directors can extract a report of the activities and prove to the co-owners that the building is in good hands”, explains Kayci Ozorai.

The novelty

In its original version, tested and refined over a year with various co-ownership syndicates, setting up the digital maintenance log required prior inspection and photography of the premises.

This step will no longer be necessary with its new and imminent version.

Each is devoted to an aspect of the property: infrastructure, superstructure and building envelope, interior fittings, services and, finally, grounds.

To facilitate the identification of equipment and elements of the property — its type of roof, for example — these forms are accompanied by photos of some 350 components.

Form responses will automatically create an online platform with a ready-to-use interview log.

The platform and notebook were developed in-house by the Regisco team which, in addition to Kayci Ozorai, includes two engineers, an architectural technologist and four developers.

The basic plan at $18 per month gives access to the maintenance log. The higher formula, at a cost of $25, adds the register of co-ownership. A final formula includes an online video training of 30 lessons in seven modules on the management of condominium buildings.

The future

Kayci Ozorai participated in the Recharge program for women start-up owners 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. »

For the time being, this vigorous team is dedicated to the launch of the service log created automatically using forms, expected by the end of September.

“In the short term, we would like to create a module for monitoring the study of the provident fund, with an accounting module, to integrate the management of the cash flow of the unions,” she adds.

Within three years, it plans to tackle the Ontario market, which is subject to requirements very similar to those of Quebec.