TOP 5 BENEFITS OF CHOOSING A PROFESSIONAL
HOA MANAGEMENT COMPANY
INDEX What is an HOA management company 5 BeneďŹ ts of HOA management company
WHAT IS AN HOA MANAGEMENT COMPANY A Home Owner’s Associa on (HOA) is in charge of managing the business affairs of the corpora ons while balancing the wants and needs of the neighborhood community. Since HOAs are governed by boards that consist of community members that perform their du es on a volunteer basis, many HOAs turn to a professional third-party management firm to help cover their large scope of responsibili es
5 BENEFITS OF HOA MANAGEMENT COMPANY This is an understandable posi on to be in because many companies like to keep management in house, the reality is that there are a wide variety of beneďŹ ts that your company will receive when you hire an HOA Management Company including the following 1 CLARITY
2 CONSISTENCY
3 VENDOR MANAGEMENT
4 HIGH STANDARDS 5 LEGAL EXPERTISE
1. CLARITY Clarity is important when you have an HOA community because you want to have conďŹ dence that your residents understand the rules or regula ons for your community and are going to follow them. Without clarity in an HOA community, your residents may start doing things like changing the design of their homes or landscapes, parking vehicles in the wrong places, turning their proper es into Airbnb’s, leaving garbage on the property and more. Thankfully, an HOA property management company will make sure that your tenants follow the rules for the good of everyone in the community so that the value of each home in the community is preserved.
2. CONSISTENCY Besides clarity for the HOA community, another important beneďŹ t that you will enjoy when you hire an HOA property manager is consistency. This means that the standards will be upheld for everyone in your community, across the board, and there won’t be any favori sm or preference of one tenant over the other.
3. VENDOR MANAGEMENT There’s no doubt that vendor management can be a pain when you have an HOA community, thankfully vendor management will become a thing of the past when you hire a property manager. The rela onship with all vendors will be professionally managed so that problems or issues don’t escalate and any work in your community is always done for a great price.
4. HIGH STANDARDS We’ve offered you several important benefits that will come with hiring a professional HOA management company but another important one that we should list is the high set of standards that your property management company will apply to the community. With a high set of standards, you can have confidence that your community will remain clean, safe, and residents will have confidence that they can openly communicate with you about all of their needs.
5. LEGAL EXPERTISE Owning an HOA community does mean that you may face legal issues with your residents at some point. Having to deal with legal issues will become a thing of the past when you hire an HOA property management company because they will have the legal “exper se” so you won’t have to concern yourself with legal issues again. The truth about hiring an HOA property management company is that there are almost too many benefits to list in this post! Besides the benefits that we’ve offered you in this ar cle, some of the other benefits that you will enjoy include financial planning, accoun ng, property upkeep and more.
CONTACT HORIZON RESOURCES, INC. Are you planning on managing your commercial real estate property by yourself? Let us save you the me, money and hassle of self-management. Learn more about the commercial property management services we can offer you by calling us at (760) 692-5205 or click here to connect with us online. We can provide your commercial HOA with everything you need including compliance with HOA and tax laws, strategic budge ng & reserve studies, conflict resolu on and more. Our team of experts, along with technology, will secure the best-qualified tenants to ensure the highest stable income possible. Our staff will cater to each property’s specific needs to ensure excellence. We are serving our services in San Diego, Carlsbad, Poway, Escondido, San Marcos, Vista, and Oceanside.
CONTACT HORIZON RESOURCES, INC. : Address 2260 Rutherford Road, Suite 111 Carlsbad, CA 92008
Phone - (760) 692-5205 Fax - (760) 692-5210 Email - HRI@HorizonResourcesInc.com
For a FREE Property Management Consulta on: (760) 692-5205