How many hours a year do your community volunteers dedicate to your HOA? According to the Foundation for Community Association Research, 2.5 million people complete 98.5 hours of service annually.
Your board members and volunteers may experience burnout if they're operating alone. Instead, consider hiring experienced association managers. Professional association management services will help your community thrive.
Not convinced you need HOA managers? Read on to discover how guidance from property association professionals can strengthen your community.
Property Upkeep
If lawns haven't been cut and common areas are starting to crumble, your community could scare off future homeowners. Before that happens, request association management services. An experienced association manager can protect your community and its property values.
Their keen eye for detail will ensure every area is well-maintained. This includes:
- Landscaping
- Common areas
- Homes
- Community buildings
Choose HOA property managers with years of experience in Grand Rapids. They'll have professional connections with local vendors. Your property manager will choose reliable contractors at the best rates to save you time and money.
Property upkeep will ensure your community is inviting, beautiful, and well-maintained. Property values will rise. You'll have an easier time making a positive first impression on future residents, leading to new members.
Meanwhile, current residents will take pride in their beautiful community. They'll stay longer and rave about their neighborhood to friends and family members.
Rule Enforcement
Your HOA board members may feel uncomfortable enforcing rules on their neighbors and friends. Unfortunately, rule enforcement is necessary to ensure your community is a fair and safe place to live. You can outsource this task to your HOA managers.
They'll take the time to review your Covenants, Conditions, and Restrictions. They'll enforce these rules on the board's behalf. Allowing a third party to step in can minimize uncomfortable conversations and disputes.
Your property manager will also ensure you comply with local, state, and federal housing regulations. Relying on their expertise can help you avoid lawsuits and fines.
Financial Management
For longevity, your community needs to remain in good financial health. The best HOA property managers:
- Handle payroll
- Assist with financial decision-making
- Process HOA dues
- Provide financial reports
- Prepare and maintain records
- Prepare and file tax returns
- Manage the budget
- Process HOA dues
Residents may feel more comfortable if a third party handles the finances. According to Rocket Mortgage, only 64% of HOA residents (fewer than two in three) think their HOA honestly handles the finances. Your HOA manager can streamline property operations to help you save money.
Foster Harmony
Your HOA managers can host regular events, organize meetings, and increase community engagement. This can improve communication and transparency between the board and residents. Increased transparency can improve resident satisfaction rates.
Connecting community members will foster harmony within your HOA, making it a better place to live.
Hire Your Grand Rapids Association Managers
Operating alone can waste valuable time and cause property values to plummet. Instead, rely on Grand Rapids association managers. Professional association management services will help your community thrive in today's competitive market.
Our team at PMI West Michigan has a strong track record of success and the awards to prove it. Trust our state-of-the-art technology, proven strategies, and professional guarantees. Contact us now to discover how we can add value to your community.
