Imagine living in a place where you never have to look at your neighbor's unsightly front yard. Or living in a neighborhood with a community clubhouse where everyone gathers together. That's what it can be like when you live in a community with a homeowner's association.
There are so many benefits to having an HOA. But it's also a lot of work to keep everything running smoothly.
That's why so many communities choose to work with an HOA Management company. These pros know exactly what it takes to keep a neighborhood on track. Check out these services you can get from a management company.
Collecting Dues and Fees
An HOA will have a really hard time getting anything done without the residents' dues. But collecting them and managing all the financial records is a huge job. Especially when your board members aren't available full-time.
When you hire pros, they will use HOA management software to stay on top of all the financial tasks. They will be sure everyone has paid and the board won't have to deal with any of it.
Organize Resident Meetings
It's a HOA company's responsibility to organize and facilitate resident meetings. These are key to the success of an HOA because they help residents feel they have a voice in the community. Without that feeling, it's hard to get people on board and willing to participate in other things.
It's helpful for the team to handle all the logistics so the board can focus on making those connections.
Keep Up with Property Maintenance
Most HOAs expect their residents to keep to a certain standard of care on their properties. That can't be if the communal properties aren't held to the same level.
Part of the HOA management company costs will go towards work on all these properties. These teams have the resources to get those things done quickly and easily. And will be ready to take action in case an emergency comes!
Enforce Neighborhood Standards
Living in an HOA neighborhood means you have set standards you have to live up to. There are the ones about how well your home must be taken care of. But there are often rules about pets or gatherings as well. And when you don't follow those, you can be subject to a fee.
Enforcing these rules is left to the management company to handle. This way the board doesn't have to have any uncomfortable situation with their neighbors.
What to Expect From an HOA Management Company
Bringing in an HOA management company can change the way the board operates. Instead of getting bogged down in all the details, they'll be able to focus on making the area even better.
A management company can completely transform your HOA into a very effective system.
Our team at PMI Tampa knows exactly what it takes to run a successful HOA. We've been helping neighborhoods for twenty years and have many resources to help your community reach its goals. If you're interested in learning more about what we can do for your HOA, contact us today!
