HOAs are playing an increasing role in keeping communities looking great. However, they aren't all working to the benefit of homeowners and may put off some people from moving into one. That's why it's no surprise that property management companies manage over 60% of all HOAs.
So, what exactly do HOA manager services do for associations? Let's look at how a professional manager can improve your Hoover, Al neighborhood.
Maintain the Grounds
Maintaining common areas is one of the primary roles of an HOA. It's their job to ensure the community areas stay clean and any common buildings are well-maintained.
Doing this involves coordinating with vendors to ensure everything receives maintenance. Efficient HOA operations will also have systems to handle emergencies and solve problems as they arise. Professional HOA management will handle all these tasks to ensure a well-run neighborhood.
HOA Rule Enforcement
Rule enforcement is a challenging part of running an HOA. Many board members don't want conflict with neighbors, which may lead to instances when rules are not enforced when they should be.
Professional HOA management will not have this issue. They will take all complaints seriously and enforce all the HOA's rules, which will, in turn, maintain property values.
Increased Community Engagement
The HOA ensures everyone has a good experience living in the neighborhood. However, if the HOA does things the majority of homeowners don't like, that may lead to dissatisfaction and people leaving.
You can avoid doing this by increasing community engagement. A large part of HOA management improvement you'll see with professionals is learning what homeowners actually want. This means you can create rules that appeal to everyone, give everyone a say in how things are run, and feel part of the community.
Better Financial Management
HOAs can't do much if they don't have the funds to do anything. Yes, it is true that they can still impose rules and other free actions. But when it comes to maintaining the community, they won't have the cash to do anything.
Professional HOA manager services have accountants available who can maximize HOA fees. You can rest assured that you'll always have money available to handle maintenance and can build an emergency fund to handle unexpected expenses.
Legal Support
HOAs can't do much if they lack the funds to do anything. Yes, they can still impose rules and take other free actions. But when it comes to maintaining the community, they won't have the cash to do anything.
An inexperienced board may not understand these rules. As a result, they may get into legal trouble and put the HOA at risk. A professional HOA service will understand what an HOA can and can't do and will ensure yours always follows the rules.
Invest in HOA Manager Services
HOA community management is essential to get right. You want homeowners involved to ensure everyone has a say and must avoid conflict wherever possible. Turning to experienced HOA manager services may be just what your neighborhood needs to get it on track and working to benefit everyone who lives there.
At PMI Birmingham Region, our homeowner association services offer everything your neighborhood needs to maintain a well-running association. We offer everything from financial management to maintenance services. Contact our team to learn more.
