How Condos & HOAs Can Reduce Elevator Downtime with Proactive Service Contracts
Elevators are an integral part of the community operation. When they function smoothly, residents hardly think about them; however when they break down, it becomes a major issue, causing frustration and dissatisfaction. Many condo owners and homeowner associations (HOAs) don’t pay attention to regular elevator maintenance and only call technicians for repairs if something goes wrong.
While it may appear cost-effective at first, frequent breakdowns often lead to higher costs, compliance issues and dissatisfied residents. Let’s understand how proactive service contracts can help keep elevators running smoothly, prevent unexpected failures and save money in the long run.
The Hidden Cost of Waiting for Repairs
Delaying maintenance often leads to bigger problems. An out-of-service elevator causes a lot of inconvenience, especially to elderly residents and those with mobility issues. If an elevator has not been functioning for several days, it can disrupt daily routines and result in many resident complaints.
When it comes to cost, emergency repairs are much more expensive than routine maintenance. If a component fails unexpectedly, replacement parts and the costs of urgently calling a technician can skyrocket. Plus, frequent breakdowns accelerate wear and tear, shortening the lifespan of the elevator and forcing you to replace machinery sooner than necessary.
Property value is another factor that condo owners and homeowner associations (HOAs) often forget to consider. A building with unreliable elevators isn’t as appealing to potential buyers and renters and can lead to lower property values. Residents expect common areas and building amenities to be well-maintained and an elevator that’s often out of service reflects poorly on management.
How Proactive Service Contracts Keep Elevators Running Smoothly
A proactive service contract ensures that regular elevator maintenance is scheduled in advance, keeping elevators working efficiently. With a proactive maintenance plan, property managers can expect:
- Fewer Breakdowns – Periodic inspections help catch small issues early before they turn into major problems.
- Lower Repair Costs – Routine servicing prevents costly emergency repairs and premature part replacements.
- Improve Safety and Compliance – Scheduled maintenance helps ensure the elevator meets all regulations set by the state.
- Increase Equipment Lifespan – Properly maintained elevators last much longer, reducing the need for costly replacements.
- Happier Residents – An efficient elevator means fewer complaints and a smoother living experience for residents.
By taking a proactive approach, HOAs and condos can avoid the stress and frustration of unexpected elevator breakdowns while keeping costs under control.
What to Look for in a Proactive Service Plan
Every elevator maintenance contract offers a different level of service. A good maintenance plan should include routine inspections, component lubrication, timely replacement of parts and compliance checks to ensure all safety regulations are thoroughly met.
It’s important to look for a provider who has prior experience working with your specific elevator system, whether it’s a traction, hydraulic, or machine-room-less (MRL) technology-based elevator. Check if the service company offers transparent pricing, licensed technicians and quick support in case of emergency.
Contact Us for Expert Elevator Care
A proactive elevator service contract is an investment in safety and long-term cost savings. Why deal with frequent breakdowns and expensive emergency repairs when you can ensure your elevators operate smoothly year-round? Get in touch with General Elevator Solutions for commercial elevator service in the Tampa Bay Area and keep your elevators in top condition. We service St. Petersburg, Clearwater, Tampa, Bradenton and Sarasota, Florida.
