HOA communities are becoming increasingly popular, and about 25-27% of homes in the US are currently part of one.
Life in an HOA community can be more enjoyable. Homeowners associations take on various responsibilities to improve the quality of life of their residents.
Unfortunately, these responsibilities can often be overwhelming. An HOA may turn to an HOA management company for assistance.
So what do HOA manager services offer, and how can they help your community? Keep reading to find out.
Homeowner and Board Communication
A community can only thrive if those within it can communicate effectively. An HOA manager can help facilitate this, both with HOA board members and residents.
Some typical ways they might do this is by creating and distributing newsletters and ensuring residents have easy access to information they might need. On top of this, they'll manage phone lines and email inboxes. This will allow them to assist residents with any concerns quickly.
Many modern HOA management companies use a website or management software. This helps make communications more streamlined and clear.
Policy Enforcement
There are various HOA policies that residents are required to follow. These are set by the HOA board, and this is usually fairly simple.
However, the board can often struggle when it comes to enforcing these policies. This is because they often have personal relationships with various other residents. They may not feel entirely comfortable punishing people they see as friends, and this bias can make things difficult.
An HOA manager doesn't have these relationships, and can therefore remain unbiased. As such, they can easily enforce any policies as needed and will treat all residents equally.
Common Area Maintenance
Residents within an HOA are responsible for their own properties, but various communal areas need to be looked after. This responsibility falls to the HOA board, but an HOA manager can take this over, and often do it more effectively.
They can organize any repair or maintenance work that's needed and oversee all projects. As they do this a lot, they tend to have sizable networks of contractors and vendors. This makes it easy for them to find a reliable company for any job, and they may even be able to get better deals to help save community funds.
Budgeting and Finances
As HOA boards are made up of community volunteers, they often don't have suitable experience for certain tasks, and financial administration is such an example. It's a complicated duty, so HOAs typically struggle with it.
An HOA property management company can take care of this reliably and effectively. They have the relevant experience to manage all finances and develop reasonable budgets. This can also help save community funds in certain areas which can then be used to help the community grow.
Professional HOA Manager Services
HOA manager services can be vital for almost any HOA community. They can take on a range of responsibilities that the HOA board might be struggling with to ensure things are always running smoothly.
PMI JCM Realty Group offers professional community association management services in Tampa and the surrounding communities. We're dedicated to providing the best services available and have more than 20 years of experience in the industry.
Take a look at our services page to find out more about what we do.
