The Hidden Costs of Weak Condo Security

Picture this. A resident comes home late at night and notices an unfamiliar face lingering in the lobby. The guard on duty isn’t paying attention, and access control is loose. That uneasy feeling doesn’t just affect that one resident. It spreads through the community, showing up as complaints, bad online reviews, and eventually, turnover.

Turnover Is Expensive

Industry studies show that it costs 5 times more to attract a new resident than to keep an existing one (Forbes). When residents leave because they don’t feel safe, your vacancy costs skyrocket.

Reputation Matters in Luxury Communities

Luxury properties are judged on experience as much as finishes. Security is part of that experience. Poorly trained officers or inconsistent coverage make residents question management’s commitment. According to NMHC, 84% of renters say security features influence where they choose to live (NMHC).

Liability Can Sink Budgets

When incidents happen, boards and managers may face legal or insurance claims. A well-defined security program can reduce exposure and, in some cases, even lower insurance premiums.

Security that looks cheap often becomes the most expensive mistake a property can make. Guardian Security delivers professional Door staff, clear policies, and responsive leadership. Your residents expect more, and you deserve a partner who makes security one less thing to worry about. Contact us today for a custom plan that protects your community and your reputation.