An article by Rocket Mortgage shows that 80% of houses in subdivisions and 60% of new single-family homes are in a homeowners association. However, only 43% of homeowners actually like having a HOA. Some feel associations don't use their finances well, while others think they have too much power.
Professional community association management can keep residents happy and simplify work for board members. It also helps HOAs manage money better and earn the trust of the residents.
Here, we discuss what HOA property managers do and the benefits of hiring them.
What Do HOA Property Managers Do?
When you're part of a HOA board, you will be in charge of tasks like :
- Enforcing rules
- Ensuring the neighborhood is in good condition
- Managing finances
With a busy schedule, HOA members may not always be able to keep up their duties. Association property managers can handle all these tasks and make life better for everyone in the community.
They will liaise with contractors for regular HOA property maintenance duties like:
- Landscaping
- Addressing emergencies
- Keeping up with maintenance plans
HOA property managers also manage the association's finances and assist with the following:
- Tracking dues
- Budgeting
- Saving for future repairs
Violations happen in every community, and handling them supports peaceful community living. A good HOA property manager will help enforce rules and address violations to avoid conflict between neighbors.
Full-Service HOA Property Management
Hiring a full-service HOA property manager gives you access to experts who help with:
- Organizing meetings
- Hiring vendors
- Assisting with community dispute resolution
- Choosing insurance providers
- Advising on legal issues
- Handling membership inquiries
A full-service property manager will add value to your community. They deliver excellent services to owners and tenants, helping the HOA be more efficient and organized.
Why Your Fort Lauderdale HOA Needs Professional Help
Managing an HOA in Fort Lauderdale comes with unique challenges like:
- Ensuring proper hurricane season prep
- Addressing year-round landscaping needs
- Keeping up with a busy tourist season
Property managers help HOAs prepare for hurricane season by coordinating maintenance. They also liaise with landscaping service providers to ensure the neighborhood stays beautiful all year.
Tourists often flock to Fort Lauderdale, especially from December to April. The warmer weather makes it a great place to vacation when other regions are experiencing harsh winters. HOAs in the city often rely on association property managers to keep their neighborhoods in the best shape when tourist activity is high.
How to Find the Right HOA Property Managers
Here are tips to help you choose the best team for your Fort Lauderdale HOA:
- Find a local service provider
- Check the reviews
- Pick a full-service association management company
Experience is a vital factor to consider before hiring HOA property managers. Look for companies managing communities similar to yours and ensure they have experience navigating legal and regulatory issues.
Professional HOA Property Management at PMI Broward Sunrise
Being part of a HOA board can be stressful, but hiring professional HOA property managers takes the pressure off. The experts will protect property values and make community living more enjoyable.
PMI Broward Sunrise is part of a national property management company with over 10 years of experience. We understand that every community is unique, and we will customize our services to meet specific needs. Contact us for full-service association management.
