HOA communities are typically considered very desirable, and about 25-27% of US residents currently live in one.
Almost any community can benefit from a homeowners association, but just having one doesn't mean things will always go smoothly. HOA boards are often overwhelmed by their responsibilities. HOA manager services can be an ideal solution as they can take on a range of duties to ensure everything is taken care of.
In this guide, we'll take a look at some key services an HOA management company can offer that will help your Fort Lauderdale community thrive. Keep reading for more.
1. Maintenance and Vendor Management
One of the main benefits of an HOA management company is that it can help improve property values. They do this by organizing and overseeing maintenance throughout the community.
These maintenance services can cover all communal areas such as parks, pools, gyms, and more. Keeping these facilities in good shape makes the neighborhood a better place for all residents.
They'll also handle all landscaping so that the neighborhood is more presentable. Anyone viewing properties in the community will be more interested when the surrounding area is clearly well looked after.
Additionally, HOA managers can organize any vendors that the community needs. They maintain large networks of vendors and contractors, so can always find the right person for the job.
2. Accounting and Finances
Dealing with accounts and finances is often very complicated. It's one of the areas where most HOA boards struggle as they often don't have the experience needed.
HOA management companies offer financial services that can help ensure your community's funds are handled appropriately. This includes collecting and recording all HOA fees from residents.
They can also help with budgeting, ensuring no costly mistakes are made. When planning budgets, their experience allows them to handle things more efficiently to prevent unnecessary waste. Ultimately, this helps save community finds which can then be used in other areas.
3. Administrative Services
There are plenty of administrative duties that HOA board members are typically responsible for. On top of lacking the expertise, board members often simply don't have the time to take care of all of these.
A skilled property manager will have experience with all kinds of administrative duties so they can oversee these. In most cases, they'll handle things more efficiently than a board would, helping to save a lot of time.
Some typical administrative tasks include scheduling board meetings, enforcing rules, maintaining records, preparing annual budgets, and more. They can also serve as the main point of contact for residents, responding to calls, emails, and other messages as needed.
Professional HOA Manager Services
HOA boards can offer a range of benefits, but when they're duties become too much, HOA manager services can be a saving grace. They can handle administrative tasks, accounts, maintenance, and more to ensure your community thrives.
PMI Broward Sunrise is a leading property management company serving Fort Lauderdale and the surrounding communities. We pride ourselves on excellence and work as part of the PMI brand, one of the most successful property management companies in the country.
Take a look at our association management page for more information on how we can help your community.
