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According to the Community Associations Institute, about 28% of the US population (74.2 million Americans) live in a homeowners association. The value of homes in these communities is nearly $11 trillion. Property values in your community may not improve if you're not outsourcing to a community management company.
Instead, consider hiring an experienced Fort Lauderdale HOA manager. Their experience and expertise can help your community thrive in today's competitive market.
Not sure how to choose property management services? Read on to simplify your search.
Prioritize Community Management Experience
There are over 296,400 property management companies in America, according to market analytics company IBIS World. The industry grew by 2.1% per year on average between 2018 and 2023. Don't choose a company that's new to the industry.
Instead, look for an experienced community management team. Rely on their expertise to make informed decisions for your community.
Confirm that each community on your list specializes in managing HOA communities. Determine how many Fort Lauderdale communities they've managed. Ask how they helped each company.
For example, perhaps the company improved the community's property values. Maybe they helped the community attract more property owners. Look for proof that they helped the community accomplish distinct goals.
Review each HOA manager's credentials. Their education and training can help you determine if they have a diverse knowledge base.
Their experience helping multiple HOAs will give them well-rounded expertise. They'll know how to resolve a range of problems you may encounter.
Review Their Property Management Services
Ask each company about their property management services. Choose a full-service property management company. Their services may include:
- Maintenance
- Handling membership inquiries
- Organizing meetings
- Accounting and reporting
- Calendar and scheduling
- Assessment collection
- Board member assistance
- Compliance and inspections
- Document management
Determine if the company uses state-of-the-art technology. They'll maximize HOA efficiency, improving your ROI.
Working with a full-service property management company will save you time and money. They can develop a comprehensive strategy with your goals in mind.
Determine if the company customizes solutions based on each community's unique needs. These companies will have an easier time helping you accomplish distinct goals.
Read Reviews
Read online client reviews for each community management company on your list. Look for comments about the company's professionalism, services, and responsiveness.
Choose a company that will remain available to respond to your needs. You'll have peace of mind knowing help is a phone call away.
Compare Costs
Compare costs for three local HOA management companies. Determine what's included with each estimate.
Ask each company if they offer a professional guarantee. They'll make adjustments to their services to ensure they accomplish your goals.
Find Your Fort Lauderdale HOA Manager
Your volunteers don't have to juggle stressful HOA responsibilities alone. Instead, use these tips to find a reliable HOA manager. Their property management services can boost HOA efficiency and your ROI.
Look no further for association management services. Our team at PMI Broward Sunrise offers customized services tailored to each community's unique needs.
We're committed to adding value to your community. Trust our professional guarantee, state-of-the-art technology, and proven solutions. Contact us now for a free consultation.
