OMC Advisory.
OMC Advisory is led by Julian Ritchie, who founded Greendoor Property Management in 2011 — one of the inaugural PSRA-licensed managing agents in Ireland. Over fourteen years the business grew to look after more than 10,000 properties and annual OMC budgets in excess of €8 million.
Julian closed the sale of Greendoor in October 2025 and left at that point; he remains fully independent and entirely separate from the business today. Earlier that year, in February 2025, Greendoor passed its second consecutive 100% clean PSRA audit.
Across that period Julian served on hundreds of OMC boards, attended more than a thousand AGMs, and personally led the response to the rare but serious events that mark an OMC's life cycle — fires, an explosion, and development-wide floods. OMC Advisory exists to apply that experience on the owner's side of the table.
The practice takes on a small number of engagements at a time so each gets proper attention, and accepts no commissions or referral fees from any managing agent.
Doing due diligence on the practice? Julian has published a short note about a PSRA finding that appears in searches of his name — what it said, why he disputes it, and what's changed since.
Operating principles
- Independence No financial relationship with any managing agent — fees come from clients only.
- Fiduciary clarity When acting as a nominee director, my duty runs to the appointing investor.
- Written reporting Every engagement produces written, dated records — not just verbal updates.
- Fixed pricing Retainers and project fees are agreed up front, with no hourly billing surprises.
- Limited capacity I cap the number of active engagements so service quality stays high.
Questions investors and boards ask.
Can a non-resident or corporate investor really appoint a director?
In most OMCs, any member (lot owner) can be elected to the board, and a corporate member can nominate an individual to act on its behalf. The exact mechanism depends on the OMC's constitution, which is reviewed before engagement.
How is this different from the managing agent doing it?
The managing agent is a service provider to the OMC — useful, but commercially conflicted on questions like their own fees, scope, and renewal. A director sits on the other side of that table, representing owners.
What does the tender process actually deliver?
A documented RFP, a comparable set of bids, an evaluation matrix, and a written recommendation memo the board can attach to AGM minutes — a defensible record of why the chosen agent was chosen.
Tender or performance review — which does the board need?
A tender is for boards open to changing agent or seeking a firm market benchmark. A performance review keeps the existing agent in place and produces a scorecard and action plan with measurable KPIs. Many boards start with a review and only escalate to tender if the gaps don't close.
How does the practice work with AHBs?
Briefings, workshops, and pre-meeting packs tailored to housing officers and asset-management staff who need to engage with OMC boards but haven't been trained in OMC governance. Nominee-director cover is available where the AHB owns units but cannot attend.
How are fees structured?
Director engagements run on a monthly retainer; tender and review processes are quoted as fixed-fee projects. Both are agreed in writing before any work starts.