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Nearly 30 percent of all Americans live in a community with a homeowners association, according to the Foundation for Community Association Research. HOA property managers work with your board and carry out duties and rules set for by your by-laws. You will soon realize you can't accomplish these tasks without an HOA property manager.
An HOA property manager does site management and works with vendors. Property managers also oversee dues collection and help to resolve conflicts.
Here's more on the professional expertise an HOA property manager can provide in Contra Costa, CA.
Site Management
Site management ensures there's no vandalism, trash, or fallen trees in the community. A property manager will also inspect the common areas. They will make certain the roadways are smooth and devoid of potholes.
Property managers also visit with homeowners. They hear their concerns and issues. Property management takes into consideration any suggestions that could rectify a situation.
A recent Journal of Urban Economics study found that an HOA can raise property values by at least 4 percent. A solid property management company in Contra Costa, CA, can help you achieve those goals.
Works With Vendors
Vendors pick up trash, install roofs, and do landscaping.
A property management company makes certain all of these tasks are complete. They are the main point of contact between the HOA and the vendor.
Property management also works with the vendors to meet all of the contract's goals and objectives. For example, if a vendor installs a sign, but it's the wrong color, it's the property manager's job to ensure they replace the sign.
Should there be an issue, a property manager ensures a resolution to the problem.
Dues Collection
Dues collection is one of the main duties of an HOA property manager. An association collects dues using a payment portal, app, check, or bank withdrawal. A property manager works to make sure the process is smooth and efficient.
Property managers levy fines or begin legal action when people do not pay dues. They might also talk with the homeowner directly to determine a payment plan.
Works With the Board of Directors
A property manager sets up and meets with the board of directors promptly. They attend regularly scheduled meetings and listen to the concerns of board members and homeowners.
They also help record minutes, budgets, and other administrative duties.
Property managers also work to develop the by-laws or recommend changes.
Benefit From The Expertise of HOA Property Managers
The expertise of HOA property managers includes site management and working with vendors. They also oversee dues collection and work with the board of directors. It's best to have the expertise of an HOA property manager at your disposal.
Allow us to provide a professional property management team for your HOA. Our skilled experts come with industry-wide knowledge and the best practices for property management. We will keep your property in tip-top shape!
