More than 60% of HOA residents think that their dues are worth it for the benefits they get. They enjoy living in a neighborhood that is community-minded with a variety of amenities.
But that's only for residents whose HOAs are run well. An ineffective HOA can make every resident's life much harder. It can completely ruin the area.
That's why so many have decided to hire an HOA property management team. These companies will make sure your board has what they need to keep your community thriving. Check out these benefits you can expect when working with the experts!
Uphold Community Standards
One of the hallmarks of an HOA community is the standards that are set. These include guidelines for how your homes look, parking, and pets. They're designed to keep the community cohesive and a nice place to live.
The problem comes when enforcing those policies is too big of a job for the board.
But hiring a management company can take care of that problem. They'll set up procedures to take care of inspections, fees, and any compliance communication.
Increase Community Engagement
Most types of HOAs require member meetings to decide on important business. The community can't change any of its policies without member input and approval. But it's hard to get people to come to the meetings.
It takes a lot of skill to run an effective meeting, especially with a lot of people. Management teams have many strategies to increase community involvement. It will be shocking how many more things are accomplished during each session.
Eliminate Upkeep on Community Spaces
A huge perk of living in an HOA community is the amenities. Things like a pool, park, or clubhouse can make for a lot of fun memories. As long as those things are being kept up and functioning. No one wants to hang out in a place that's overgrown and gross.
Having property managers for your local HOA means all of those spaces are taken care of. They'll handle hiring landscapers, repairmen, and anything else the community spaces need.
Better Use of Community Funds
Living in an HOA means that you have to pay dues to the board. These are used to help better the community, fund the events, and keep the amenities going. A property management team can take care of these accounts.
They'll keep the books so that the board can make a plan to reach their goals easier.
Benefits of an HOA Property Management Team
Having a great HOA property management team can transform your board. Your neighborhood will see all kinds of benefits that trickle down to every resident. Their expertise and resources can completely transform the way your HOA functions for the better.
A great HOA creates the best foundation for a neighborhood to excel. And then everyone wants to live there!
Our team at PMI Buckeye Services has been doing just that for 15 years. We care about delivering a great experience for every HOA board we work with. Contact us today to get more information about our team!