Around a third of the homes in Arizona reside in homeowners associations.
If you live in one of Arizona's many HOAs, you know how important community spirit is. When things are going well, property values are high, and you like your community leaders, community spirit will follow.
Unfortunately, there are too many community associations that struggle with their leadership. In today's post, we'll explain the role of a community management company in boosting morale in the community through its professional handling of HOA matters. Keep reading and you'll see what HOA management can bring to the table.
Higher Property Values
One of the easiest ways to boost community spirit is to preserve its collective wealth. All community members pay HOA dues, which are then pooled together to pay for all community needs. When the community's money is managed well, everyone will see higher property values and lower HOA fee amounts.
This requires your HOA board to have an experienced treasurer. The treasurer is the person responsible for collecting fees, budgeting, and bookkeeping. Most HOA treasurers, however, are anything but experienced.
HOA management companies have accountants on staff who can handle anything your HOA throws at them. Whatever financial state your HOA is in now, they can put it back on course and put money back in the pockets of homeowners.
Better Maintenance Schedules
One of the best parts of HOA living is having a well-maintained, safe community. Often, this comes down to your HOA leadership's vendor coordination abilities. When vendor contracts and schedules are up to date, the community will have important maintenance done regularly.
It's when vendor coordination isn't kept up with that you run into issues. A community can quickly fall into disrepair when garbage pickup is missed or the landscapers don't come.
HOA managers bring existing vendor relationships to your HOA. Whatever your community needs at any given time, a great local vendor will be one call away.
Compliance From All
When communities live in harmony, it's usually because everyone's living happily under the HOA guidelines. These are the rules and regulations that outline how each homeowner should act in the community and present their property.
It's the job of an HOA board to ensure everyone complies with the rules. If they don't, there should be measures in place to issue penalties or fines to bad actors. Of course, this can create a difficult power dynamic between HOA board members and their neighbors.
An HOA manager can maintain compliance so the board doesn't have to. They'll act as an independent third party, issuing fines and resolving disputes between homeowners. The result is greater community spirit from all.
Get the Best Community Management Company in Phoenix
If you value community spirit, then you need to hire HOA management services. They'll bring a higher level of professionalism and competence to your HOA, which benefits your HOA board and members alike.
To get the best HOA management company in Phoenix, look no further than PMI Phoenix Valley. We offer comprehensive HOA management services, including everything we've discussed here. Contact us today to learn more.
