Nearly 22% of all of Georgia's homes are situated in homeowners associations.
If you're an HOA homeowner, you rely on your community leadership to experience all of the perks of HOA living. When your perks aren't equal to the amount you pay in HOA dues, you have to start thinking about outside HOA manager services.
In today's post, we'll explain what an HOA manager does and how they can help your community thrive like never before. Living in an HOA should be a positive thing, so keep reading and learn how management services can help you and your fellow community members.
Better HOA Accounting
One of the important duties of an HOA board of directors is to manage the community's finances. It falls to the HOA treasurer to collect everyone's HOA fees, formulate budgets, and perform bookkeeping duties. When you're dealing with large sums of money, the treasurer should have accounting experience.
Most don't, sadly, which is why an HOA manager is so important. HOA property managers have experienced financial staff who know how to properly manage finances for an entire community. They'll make sure there's always room in the budget to pay for everything with enough left over to make community improvements.
In the end, good money management leads directly to a higher quality of life for members and higher property values-up to 4% higher than other similar housing outside of HOAs.
Property Maintenance
One major perk of HOA living is having maintenance taken care of. Your board should work with local vendors to ensure everything from garbage collection to landscaping is completed regularly. Doing so will guarantee the community always looks great and property values can remain high.
Poor vendor coordination leads to disrepair in the community. Good HOA managers come with built-in, longstanding vendor relationships. For anything your community needs, a quality local vendor is just a call away.
Governance and Compliance
Every HOA abides by its own set of governing documents. These tell every homeowner what they can and can't do with their property and in the community. It includes instructions on how and when to pay dues, rules about parking, landlord-tenant relations, etc.
Whenever you've got one set of rules for dozens of homeowners, there are going to be occasional issues. It's difficult for HOA board members to enforce regulations because it creates an uncomfortable power dynamic.
Your HOA manager can enforce the rules with ease. They'll ensure bad actors are dealt with fairly. They'll also resolve any conflicts between homeowners to promote a greater sense of harmony in your community.
Get the Best HOA Manager Services in McDonagh
HOA manager services can completely change your community for the better instantaneously. It's important to find a quality HOA manager who can handle everything your community throws at it.
PMI Peachstate is one such HOA manager. For years, we've been turning lackluster HOAs into thriving communities that homeowners can be proud of. To learn more about our comprehensive HOA management services, contact us today for a consultation.
