There are around 60,000 association managers in America. These numbers make it clear that HOAs benefit from the aid of community association management, but what does that mean? What is it like to work with these managers?
We're here to unveil the mysteries so you and your community can benefit as well.
Listed below are the top qualities a New York management company can bring to your HOA. Keep reading to learn all about it!
Expert Recordkeeping
When dealing with HOA real estate, your board members need to understand how to keep organized records. Without this kind of detailed work, your HOA could lose money or fail to file the correct paperwork. It'll be almost impossible for your HOA to complete maintenance or projects without good financial recordkeeping.
HOA management knows these kinds of tasks inside and out.
They'll tackle the records so you don't need to worry anymore. This aids in community transparency and productivity so your HOA thrives.
Efficient Meetings
Does your HOA struggle during meetings? Do you often circle back to topics and never quite get anything figured out?
Meetings are a key part of a successful HOA. It's where everyone can come together as a group to keep the community running.
An HOA manager knows how to keep meetings on course. They also know how to make sure everyone feels like they have a chance to be heard. If your HOA needs advice on how to hold productive meetings, your manager is there to help you every step of the way.
Improved Common Areas
Without common areas and amenities, your HOA will look like any average neighborhood. It's these community-based areas that help bring your HOA together as a group.
The problem is that maintenance and upkeep can dwindle without proper leadership. This will leave your common areas looking like an eyesore.
With the help of a management company, your common areas will not only stay maintained, they'll improve. You'll have the chance to implement upgrades and updates so that everything is of the highest quality.
Rule Enforcement
Finding success as an HOA means ensuring HOA dues and fees are paid on time. It means rules need to be followed and penalties issued if they're not.
Enforcing these rules is one of the hardest parts of running an HOA. It's stressful and causes a lot of worry. It can even create rifts between members.
A professional HOA manager won't have the same hardships. They'll have the expertise to apply the rules without a hint of bias towards any one member. This keeps your HOA professional and doesn't allow emotions to mess with efficiency.
Choosing Community Association Management
By working with community association management, you're relieving your HOA of unnecessary stress. This allows your HOA to focus on more important things like community bonding and other events.
When you choose PMI Manhattan Group, you're gaining the benefits of a larger professional franchise of real estate experts. We love helping HOAs grow and we can bring our knowledge to your New York neighborhood, too.
Make sure to check out our full list of services that can aid in making your HOA community find greater success!
