Choosing the Right Association Management Company: Factors to Consider

Choosing the Right Association Management Company: Factors to Consider

Are you struggling to decide between association management companies? It's no wonder, with over 300,000 to choose from! Arizona's property managers population is even 60% above the national average.

Use this guide to learn what to look for in a management company. With these tips, you can find association management services that align with your community's needs. Read on to find your Phoenix property manager today!

Review Credentials

Determine how long each association management company has offered services in Phoenix. A team with years of local experience will understand relevant laws and procedures. They'll help you remain compliant.

An experienced team has likely developed processes to minimize mistakes and increase efficiency. Determine what best practices they follow to ensure success.

Ask if you'll work with a dedicated association manager. Working with the same person will make your life easier. They'll understand your community, concerns, and members.

Learn more about their credentials, education, and training. Factors for choosing management companies:

  • Licensed and insured
  • Certified by the CAI or CAMICB
  • Organizational mindset
  • Problem-solving skills
  • Communication skills

Check Association Management Services

Before vetting association management companies, make a list of your needs. Consider consulting other association board members or volunteers. Ask where they've needed help in the past.

Choose a property management company that will personalize their services based on your needs. Their association management services may include:

  • Maintaining financial records
  • Processing dues and fees
  • Handling payroll for HOA employees
  • Handling membership inquiries
  • Enforcing covenants, conditions, and restrictions
  • Organizing meetings
  • Online maintenance and work order management
  • Common area inspections
  • Obtaining competitive bids for services

Choose a full-service property management company. You can find all the help you need under one roof.

Ask questions about the company's priorities. Will they make your community the best in Arizona?

How will they add value back to the community? The value of homes in community associations is nearly $11 trillion. If they can't provide an answer or walk you through their process, keep searching.

Read Client Testimonials

Ask each company if they can connect you with three of their recent clients. Speak with other communities about their experiences. Did they encounter any problems while working with their association manager?

Choose a company that has a glowing reputation. You'll feel more confident choosing a team that other communities already trust.

Compare Fees

Ask each association management company for an itemized list of their services. Don't forget to ask what's included with each service. Ask how they set their prices and if you can see a copy of the contract.

Don't rush to choose a company based on pricing alone. Instead, compare costs between three companies. If one company charges a premium price, determine why.

Start Screening Association Management Companies

Choosing between association management companies can feel daunting. Use these tips to narrow down your selection. With help from the right team, you can start experiencing association management benefits immediately!

Our team at PMI Phoenix Valley will customize our approach to meet your community's unique needs. We're committed to delivering exceptional services by understanding your goals, values, and concerns.

Rely on our innovative strategies and award-winning services. Contact us now to meet your association manager.

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