Roughly a quarter of all homeowners in the United States live in HOA communities. Despite that, many people are unsatisfied with their local HOA for one reason or another.
Part of that attitude goes towards fees, which can get as high as $1,000 a month. Another part is due to how the HOA is managed. Hiring a Community Association Manager is one way to tackle both issues.
Here are some of the many benefits of hiring association management services.
Expert Association Management Services
One of the main benefits of hiring outside services is that they bring in professionals. Community Association Managers have the training to handle a variety of tasks and have the experience to manage tricky situations.
Some of the services you can expect from them include:
- Financial management
- Rule enforcement
- Plan meetings
- Bring a network of other service providers
- Effective HOA governance
- Determine community manager roles
You can also rely on them to provide HOA improvement strategies for how to streamline your operations.
Improved Communication and Community Engagement
HOA management tips often include improving your communication for good reason. No one likes it when their HOA makes big changes without notification.
Your CAM can serve as a liaison between the board, residents, and service providers. They can even handle tasks like writing and sending out newsletters or community updates.
Something like the Nextdoor app makes for easy communication between neighbors. However, it could create liability issues for HOAs. Instead, you can use other group text apps or stick to other communication methods such as email lists.
Proactive Maintenance
Maintaining community property is a critical aspect of HOA management. More specifically, the HOA is in charge of public amenities, common areas, and landscaping.
Doing their due diligence means dealing with issues before they become costly problems. It will also help protect property owners from legal retribution if a tenant suffers due to a lack of maintenance.
Keep in mind that property managers do not pay for repairs or maintenance. The landlord is still responsible for the costs, even if the property manager handles all the logistics.
Conflict Resolution
Conflicts are inevitable in every community. It's the job of the HOA to settle these conflicts to maintain a positive living environment.
Community Association Managers are skilled in handling disputes and enforcing community rules. They can help enforce the HOA's rules while the members are busy with other aspects of their lives. Your CAM will manage conflicts without creating liability issues or showing bias.
Try a Community Association Manager in Colorado Springs
A Community Association Manager is a great asset for HOAs who need to step up their game. CAMs bring expertise, experience, and extra manpower to the table. They can even help make your HOA board more organized and financially stable.
PMI Pikes Peak provides property management services for communities in the Colorado Springs area. Our services include board member assistance, an online payment portal, help with compliance, and more. Schedule a consultation today to learn more about how we can help your community.
