Some Homeowners’ Associations (HOAs) manage themselves to cut costs and be more hands-on. But as with any DIY job, sometimes the tasks at hand can feel a little heavy!
Many HOA board members are volunteers with limited time, skills, and resources. If you’re a board member yourself, you know how great it feels to make a difference in your community. But where can you go for help when complaints, paperwork, and other tasks start piling up?
Let’s look at a few ways a management company can help your HOA run more smoothly.
1 – Save Precious Time
Board members are people too. Time spent taking care of HOA responsibilities is time spent away from family, friends, work, and hobbies. The demands of maintaining a residential community every day can become overwhelming, especially when time-consuming issues or unfamiliar problems arise.
An HOA management company specializes full-time in managing tasks board members may dislike or not have much experience fulfilling. This may include legal matters, managing finances and bookkeeping, enforcing HOA rules—just to name a few examples.
A management company’s expertise can help smooth out problems quickly and efficiently, so board members can focus on what’s most important to the community.
2 – Maintain Property Values
Well-managed HOAs help create attractive communities that residents enjoy living in. Most people don’t get to choose their neighbors, so HOAs play an important role in ensuring everyone is living up to community standards and complying with regulations.
In some situations, maintaining and increasing property values is easier said than done. With a management company providing expert-level support, HOAs can have much better chances of fulfilling their responsibilities quickly, effectively, and correctly. HOA property managers may also be able to contribute valuable, long-term plans to help the community thrive.
3 – Coordinate Maintenance Projects
Maintenance issues are some of the most obvious signs of a struggling community, and they can dramatically worsen over time. Whether residents need maintenance on their homes or in common areas, HOAs should be able to process and complete requests promptly and with proper care.
Property management companies help the HOA identify the best, most trustworthy service providers for routine maintenance. If you’re limited by the budget, property management companies can track down the next best options and follow up to make sure services are completed satisfactorily.
Proper maintenance helps keep future replacement and repair costs under control, so HOAs can save money by having a property management company use their buying power to negotiate on their behalf to get the best price available.
Help Is on the Way
If your HOA is considering professional help, contact our experts at G&H Properties to learn how we can help save time and money!
We understand how difficult it can be to balance every detail of managing a residential community. At G&H, we offer unbiased management assistance so you can enjoy your HOA rather than work on it. We’ve even learned a few tricks of the trade along the way.
Contact us via phone at 507-331-4128, or email JFlobeck@gh-properties.com to get started!
