An article from This Old House tells us that there are more than 358,000 managed communities across the US.
A lot of people want to live in HOA communities as they can offer a better quality of life. However, things don't always go smoothly, and it's not uncommon for a homeowners association to need a bit of help. An association management company can provide valuable services to make things easier for the HOA board and better for the community as a whole.
In this guide, we'll take a look at the benefits of hiring an HOA management company. Let's get started.
Common Area Maintenance
A lot of HOA communities have common areas that residents are free to use. Some typical examples of these include:
- Swimming pools
- Parks
- Fitness centers
- Art studios
Wear and tear can take a toll, and someone needs to keep these areas in good shape. The HOA board would typically do this, but an association manager can take over this responsibility.
They have plenty of experience when it comes to organizing and overseeing maintenance. They can coordinate with contractors to ensure repair work is carried out whenever it's needed. In addition, they can create routine preventative maintenance schedules that help ensure common areas are always in a good state.
Administration
While HOA management companies can offer advanced association management strategies and services, some of what they provide is simpler. HOA boards have various administrative duties which are often easy to deal with but can be very time-consuming.
Some common administrative tasks include:
- Coordinating HOA meetings
- Planning social events
- Maintaining records
- Communicating with residents
- Managing contracts and agreements
A community management company can handle all of these and more. The board members will then have more free time to focus on other pressing duties.
Policy Enforcement
HOA boards can establish various policies for residents. These help keep the community civil, preventing disputes and ensuring everyone is happy.
The problem with these is that board members sometimes have trouble enforcing these policies. They often have good personal relationships with some residents, and this can make it harder for them to reprimand rule breakers when needed.
An association manager can step in instead, dealing with any residents who break these policies. They don't have the same relationships, making it easier for them to act without bias. As a result, residents will be less likely to break the rules, and everyone will be treated fairly.
Professional Association Management Services
If your HOA board needs a bit of help keeping things running smoothly, an association management company could be the solution. They can take on a range of duties and responsibilities to ensure property management best practices are followed at all times.
PMI Hudson is a full-service real estate asset management company that provides professional residential, commercial, and association services throughout Hudson Valley and the surrounding communities. We have years of experience, and our association managers use cutting-edge technology to consistently provide exceptional results. Take a look at our association management page to find out more about how we can help our community thrive.
