There are 14,000 HOAs in North Carolina, but not all of them were created equally.
Lately, there's been a lot of complaints coming from HOA members about major issues in their communities. Community living should come with a large set of benefits. If yours isn't cutting it, you have to consider hiring a community association manager to back up your board of directors.
Today, we'll explain the various community association manager responsibilities. The role of a community association manager is to help your community thrive. Read on and learn how a bit of expertise can turn your HOA around.
Running HOA Meetings
Of all the community association manager job requirements, the most important is providing support. HOA meetings bring the entire HOA community together to discuss important issues and plans for the future.
When you bring together dozens of homeowners, you need someone who can run organized meetings. Failing to do so will result in chaos. HOA managers have plenty of experience running such meetings, ensuring all members have their say and community decisions are acted upon.
Dealing With Financial Matters
A community's finances are made up of the HOA fees from every homeowner. Under normal circumstances, your HOA treasurer is the one collecting fees, doing bookkeeping, and creating budgets. If they don't know what they're doing, the community's finances will suffer.
Community association manager skills are wide-ranging. They even come equipped with accounting professionals to better manage the HOA's money.
The result is a healthier community. You may even see HOA dues drop and property values rise.
Governing the Community
HOA communities are governed by specific rules and regulations. Common regulations include clauses around pets, renters, and landscaping. Trying to govern an entire community with one set of rules can be tricky for an HOA board.
Association managers can be the impartial third party your community needs. They'll issue penalties to rule breakers and mediate conflicts between homeowners. Before you know it, you'll have a happy, harmonious HOA community.
Maintaining Common Spaces
Community maintenance is essential for the health and safety of an HOA. For a community to remain well-maintained, you need solid vendor coordination. This process involves drawing up contracts and scheduling local vendors to handle various types of maintenance.
Vendors might include garbage collection, landscaping, or road repair. If your board doesn't prioritize vendor relationships, the community will fall into disrepair.
Fortunately, HOA managers come with existing vendor relationships. Your community will never have to worry about regular maintenance being missed. Whatever repairs or improvements you need, the right vendor will be a call away for your HOA manager.
Get the Best Community Association Manager in Fayetteville
A community association manager can quickly turn a community's fortunes around. Now that you know what they do, it's time to tell you about the best HOA manager in Fayetteville.
PMI All American is a subset of the country's biggest and best property management firm. We offer comprehensive HOA services, including everything discussed here. Contact us today to learn how we can improve your community.
