Managing all the responsibilities of an HOA is a pretty difficult job. This is the reason why over 57,000 HOAs in the US have hired services from professional management companies. HOAs of Phoenix are no different in this regard as well. However, the question most HOAs have before hiring a management company is – what exactly will they do?
To put it in simple words, the services that management companies offer to ensure that the day-to-day tasks of the community are managed smoothly. If you are looking for a management company in Phoenix, City Property is surely worth considering. They have an educated and certified staff and are working for almost 300 communities across Arizona. Click here to know about the services they offer.
Services to expect from an HOA management company
Administrative Services
Upon getting hired, your HOA management company will provide the community with a manager. This person will handle communications between board members, residents, and vendors. He/she will be trained at handling difficult and complex situations. All in all, your assigned manager will schedule board meetings, enforce rules, and prepare plans and budget.
Property and Vendor Management
The whole point of hiring a management company is to enhance property value. This is exactly what an HOA company offers. They take very good care of the premises and get all the tasks accomplished at the best possible prices. For instance, if the community needs repairing, the HOA manager will seek a vendor, explain the work, negotiate rates, and finally get the job done.
Some of the regular maintenance that the HOA manager takes care of includes:
- Pool Maintenance
- Landscaping
- Snow Removal
- Trash removal and disposal
Accounting Services
Board members are residents of the community. This means, they could or could not be qualified to handle accounts and related tasks. On the contrary, managers appointed by HOA management companies are well-educated, trained, and experienced in handling community accounts. Their experience is what any community needs to compile monthly statements.
Debt Management
Collecting funds and paying concerned parties is not an easy task.
Nevertheless, HOA management companies are well-versed in this. They will handle issues like late payments comfortably, and take the stress away from members of the board.
Lastly, to conclude it can be said that HOA management companies in Phoenix provide many services. They are like a one-stop solution for any issues that may arise in the community. So, if you are considering hiring a professional management company, rest assured they do much more than just form rules.
