Who is responsible for your HOA management? Sure, you have a board, but those are homeowners and people with day jobs and busy lives. They are not the individuals who should manage the day-to-day operation of your HOA.
It is time to consider what 60 to 70% of all HOAs are already doing: hiring association management services. Having a dedicated team to oversee your HOA operations simplifies your community oversight. When choosing an association management service, consider these five tips.
1. Range of Services Offered
Look for Nashville association management that provides the services that your HOA and community needs. It can help you manage your administrative duties. Or it can manage your monthly accounting, annual reporting, and tax preparation.
The management team can take over the oversight of maintenance duties and vendor management. They can enforce the HOA bylaws and regulations within the community. They can improve community spirit and morale through their professional and responsive communication.
2. Flexible Pricing
The association management service that you choose needs to fit within your budget. When comparing service quotes, look at the fine print. Some association management services will include everything at a single price.
Other management services will create an a la carte menu from which you can choose. Do not assume that paying for individual services will be the more affordable option.
3. Communication Methods
You need an association management company that effectively communicates with the HOA board and the community members. This typically means being able to use multiple communication methods.
For example, email and phone calls may be the preferred method for the HOA board. However, email and mailed letters may be the better approach for communicating important information to community homeowners.
4. Knowledge of HOA Laws
Look for association management in Nashville that knows the law. The best management companies go beyond this. They monitor the current legal landscape.
This will help your community evolve and grow with the changing legal landscape and needs of the community homeowners. For example, solar panels are becoming more and more popular. However, they also change the look of your community.
While some states have laws impacting an HOA's ability to dictate solar panel installation, Tennessee does not. However, that could change in the future. Your HOA management company can notify you of legal changes impacting your HOA bylaws.
5. Community Satisfaction
A team of dedicated property managers in Nashville working for your HOA should improve the overall community. They should provide the right mix of services and customer service. Speak with the current community members of other HOA communities to find out the satisfaction of a particular management service.
Hire Association Management Services
Hiring association management services can help you improve the overall quality of your HOA community. However, you need to hire the right services to get the most benefit. Considering these five factors will help you find the best quality service to provide the needed services.
The team of Nashville property managers from PMI Whiskey Trail specializes in helping HOA communities run better. We work with the HOA board to provide much-needed support. By customizing the services we provide, we can meet your unique needs.
Improve your collective property values by working with the management team at PMI Whiskey Trail.
