Working With a Homeowners Association Management Offers These Benefits

Working With a Homeowners Association Management Offers These Benefits

Florida is taking the lead when it comes to homeowner associations, with 45% of our state's homes belonging to an HOA. As HOAs proliferate, are homeowners always happy with the results?

If you're here, it's likely because things aren't going as expected with your HOA. Maybe your HOA board is struggling to keep up with its responsibilities. Maybe your members are starting to show signs of frustration.

No matter why you're here, you may benefit from working with homeowners association management. Read on to discover the top benefits of partnering with the pros.

Access to Better HOA Software

There's nothing like a good old-fashioned HOA newsletter delivered right to your doorstep. That said, print materials aren't ideal for everything in our digital world.

HOA management comes with upgraded HOA software, including an owner portal. This portal allows HOA members to share their thoughts, file complaints, and participate in surveys in a streamlined manner. Not only does this empower homeowners, but it also makes it easier for your HOA board to stay on top of member communication.

Increased Community Engagement

Let's go back to what we mentioned earlier: not everyone is happy with their HOA. In fact, some surveys find that more than half of homeowners have complaints about their HOAs.

To start turning the tide and gaining member approval, you need to increase community engagement. An HOA management company will help stir up excitement about meetings so members can take part. Only by hearing what your dissatisfied members have to say can you get things back on track.

Scheduling of Maintenance Tasks

First and foremost, HOAs bear the responsibility of managing common areas and amenities like parks and pools. This is the primary reason why neighborhoods opt to form HOAs and why HOAs collect dues.

However, many board members have full-time jobs and can't keep up with maintenance needs. HOA management companies can schedule and oversee maintenance for you.

Improved Accounting

Another major issue that homeowner associations face is financial mismanagement. Without careful record keeping, it's easy to lose track of the dues you've collected and how you've spent standing funds. It's also easy to underestimate how much you'll need to keep up with maintenance and scheduled improvements.

An HOA management company will come in and take over your accounting as needed. This often leads to better use of HOA funds and improved member sentiment. Your HOA management will even handle things like annual taxes to ensure that you're operating in compliance with state and local laws.

Looking for Fort Lauderdale Homeowners Association Management?

If you're one of the many homeowners in Florida with an HOA, it may be time to consider homeowners association management. With HOA management, you can get the support your community needs to become the best version it can be.

At PMI Broward Sunshine, we saw how many HOAs needed professional services to fulfill their responsibilities. That's why we took a model that is usually reserved for individual properties and catered it to neighborhoods. Contact us to learn more about our top-tier HOA management.

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