Have your HOA's volunteers ever struggled to file the taxes, plan events, or answer the dozens of inquiries they receive daily? There aren't enough hours in a day to complete these tasks and enjoy life! Instead of leaving your volunteers without support, hire a property manager.
The best HOA property management companies can help your community thrive. In fact, your community could become the envy of all! Read on to learn how to choose the best HOA management team today.
HOA Experience and Credentials
New teams enter the property management industry every year. There are already over 290,600 property management businesses in the country. Unfortunately, a property manager who lacks experience could do more harm than good.
Some experienced property management companies lack experience managing HOAs. Before choosing a property manager, learn about their experience.
A team with decades of HOA experience will understand your needs and struggles. They likely have processes in place to help your community operate efficiently. Their efficiency can save you time and money.
Once you find an experienced team, determine if you'll work with a dedicated HOA manager. If so, learn about their experience and credentials. Determine if they have any certifications that speak to their level of expertise.
Finding someone with relevant experience and expertise can help you feel more confident in their abilities. They're more likely to help you accomplish your community's goals.
A Range of HOA Services
Look for a full-service property management company. You won't have to choose HOA services from multiple businesses. Instead, you'll have peace of mind knowing everything is being taken care of by a team you trust.
Popular HOA services include:
- Accounting/financial management
- Administrative management
- Building management
Think about the issues your community has experienced in the past year. For example, perhaps your HOA fees have increased. Fees cover the cost of HOA benefits.
Unfortunately, dues could increase by 15% to keep up with inflation. With proper financial management, you can avoid increasing dues and frustrating members.
Perhaps you need help with HOA evictions or maintenance instead. Choose a team that can meet your needs and resolve the problems you're facing.
The best HOA property manager will communicate with your board and community members. They'll remain responsive to ensure your needs are met.
They can also improve communication within the community. For example, they can send out newsletters or manage your online portal.
To find a responsive property manager, read client reviews from other HOAs online. Reading reviews can help you spot problematic companies. You can determine which teams meet your needs and which to avoid.
If you find the same problems repeated between multiple clients, remove that company from your list. Instead, find a team that already has a strong reputation in the industry.
Finding HOA Property Management Companies
The best HOA property management companies can support your community. With their professional services, your volunteers will no longer feel stressed or burdened. Choose a team with HOA experience you can depend on today.
For the best HOA services, look no further than PMI Cascade. Our team has nearly 20 years of industry experience helping communities like yours! Contact us now to schedule your consultation.