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Why HOA Boards Benefit from Working with a HOA Management Company


HOA Management Company

• When a homeowner association (HOA) board hires a HOA management company, it often can mean the difference between success or struggles for a community. • A management company can perform a number of important responsibilities on a daily basis. • Some of the benefits a HOA management company provides include:


HOA Management Company Clarity •Management companies help ensure the HOA’s rules, regulations and policies are clearly defined and communicated to members. •They also make sure these rules make sense and are easy to follow.

  Consistency •A good HOA management company enforces rules and policies with consistency. •The management company makes sure there’s no perception of unfair treatment or favoritism among members. •It will also deal with any problems as soon as they surface.  


HOA Management Company Legal Knowledge •A HOA management company is often very knowledgeable regarding legislation affecting homeowner associations. •The company will understand how the HOA’s policies, and enforcement of the policies, best conform to the law.

Varied Expertise •A HOA management company will have diverse professionals on staff, including experts trained in property management, finance, accounting, human resources, marketing and more.

Vendor Management •Management companies are experienced in building solid vendor relationships. They know how to keep issues from escalating. •Vendors may be more inclined to work with professionally managed HOAs because they know the chances are high the community will be well run.


HOA Management Company Neighborhood Commitment •Homeowners need to feel the management company is maintaining a safe, well managed neighborhood that’s meeting their expectations. •It’s in the HOA management company’s best interest to make all the members within the community satisfied with their services.

  Open Communication •A HOA management company can open the lines of communication among members. •It’s important everyone within the community feel comfortable voicing their concerns and ideas. •A professional management company can bring more to the table than just enforcing HOA rules.


HOA Management Company What Type of Community Should Hire a HOA Management Company?  

•Often, size dictates whether a HOA hires a management company. •A smaller community may opt to be self-managed, whereas a larger HOA may find it impossible to conduct business without the help of a trained professional. •Although size is one criterion, it’s not the only deciding factor. •A better way to decide whether to hire a professional HOA management company is to consider the following:

Does the HOA manage many buildings, amenities and properties? Does the HOA have a lack of volunteers to manage the association? Do the volunteers lack the skills and expertise to do the necessary HOA management work?


HOA Management Company

• Some HOAs may find they need to supplement their volunteer work with an outside professional management company. • For example, maybe the HOA management company will handle some of the accounting functions and board member volunteers manage homeowner communications.   • However responsibilities are delegated between the board and management company, the focus should always be on maintaining property values and a sense of community. • This is what will attract buyers to the neighborhood – and keep current members happy and involved.


HOA Management Company

• AAM works with many of the largest homebuilding and community development companies in the United States such as Del Webb/Pulte, Shea Homes and Meritage Homes. • Founded in 1990, the company employs 370 people and manages over 400 homeowners associations in the United States. • AAM is dedicated to delivering total peace of mind to the Boards of Directors and homeowners in the communities it manages.


About the Author

Susan Williams is Vice President, Business Development and Marketing at AAM Community Management, one of America's most-respected Homeowner Association (HOA) management companies. Learn more about a HOA Management Company by visiting http://www.AssociatedAsset.com.


Why HOA Boards Benefit from Working with a HOA Management Company