When was the last time you checked on your HOA board's volunteers? If you find them lost behind a stack of papers, struggling to navigate maintenance requests and delinquent payments, it's time to get them help! An experienced community association management company can provide the support they need.
On the fence about hiring a professional property management company? Read on for the four ways they can support your San Antonio community today!
1. Financial Help
Fewer than two in three HOA residents believe their board handles the community's finances honestly. Unfortunately, many HOAs in the US have increased their dues by as much as 300% in the past year, unsetting many members. If you're struggling to manage your HOA's finances, consider hiring an HOA manager.
A professional property management company can offer financial services, including:
- Managing the HOA's budget
- Preparing and maintaining financial records
- Assisting with financial planning
- Providing financial reports
- Preparing and filing tax returns
- Handling the payroll for HOA employees
- Processing HOA dues and fees
Allowing a third party to handle these tasks could make HOA community members more comfortable. Meanwhile, board members won't have to ask friends and neighbors for delinquent funds. It's a win-win!
With help from your HOA manager, you can ensure the community's financial health.
2. Aesthetic Appeal
Maintaining your community's aesthetic appeal is essential if you want to attract future members. A beautiful, well-maintained community can become the envy of all! To maintain your stunning community, talk to your HOA manager.
They already have professional relationships with the best contractors and vendors in San Antonio. They'll gather competitive bids to ensure you hire reliable contractors at the best prices.
Your property management company can also help with maintenance and building management. These services include:
- Common area inspections
- Online work order management
- 24-hour availability/on-call maintenance
- Architectural request tracking
- Obtain competitive bids for services
- Vendor insurance tracking
- Maintenance plan management
Maintaining the community can help you avoid more expensive repairs. Making the community a desirable place to live will boost your HOA property value.
3. Legal Expertise
How many volunteers on your HOA board have legal experience and expertise? If the answer is zero, you need to hire an on-site community manager. The best property management company will have legal services.
Leaning on their legal expertise can help you avoid compliance issues and fines. They'll ensure you keep up with new laws and regulations.
4. Time
About 2.5 million community board members in America complete 98.5 million volunteer hours a year. Your HOA board volunteers could spend that time with family and loved ones instead. Without help, they could experience burnout or neglect important tasks for your HOA.
Hiring an on-site community manager will save you valuable time. They can handle day-to-day tasks while your board members focus on bigger issues.
Rely on Community Association Management
Your volunteers don't have to maintain your community alone. Instead, consider community association management services. Your on-site community manager can support your volunteers.
With help, you can ensure your San Antonio community's success.
PMI BrightStar has over 20 years of experience solving HOA management issues. We're committed to the betterment of the communities we serve. Contact us today to discover how our services can support your community.
