If you live in a complex or planned unit development where there is an HOA, you know the work the board goes through to run things. Ensuring compliance with CC&Rs (covenants, conditions and restrictions) dealing with improvement approvals, maintenance issues, financials and the like is huge job for board members. That is why more and more, HOAs are turning to a community association management group to run day-to-day operations.
Often board members are ill-equipped or not prepared to deal with major complex or maintenance issues. It can also be very difficult to dispassionately deal with other members, who also are neighbors and friends. A community association management group (CAMG) relieves this burden. A CAMG will take responsibility for the administrative, maintenance, financial and communication duties and provide solid counsel for board members on critical decisions. The group's managers are also available in emergency situations.
One of the main benefits of using a professional property manager or firm is the financial and business oversight that is provided. Board members may or may not have financial management experience necessary and even a small-sized association generates a substantial amount of financial data and information. These services produce the financial reports that help the board make solid decisions.
Unfortunately we live in a litigious society and each decision the board makes can lead to potential legal issues. Having a property-management firm available to review decisions can take the risk out of decision making. The group will advise the board on the legal and financial implications of decisions based on experience.
Keeping the association property and physical plant running is a core part of this type of service. The firm makes regular inspections and reports finding to the HOA board. They will also screen and manage any vendors and maintenance teams. For large-scale work the managers can assist in developing RFPs and secure bids.
Communication of board decisions is a often a major source of dissatisfaction among homeowners. Often this is due to incomplete information or simply poorly written reports. A community association management group will take responsibility for this and craft notices and reports that will clearly communicate the board's decisions and rationale.
No matter how well a complex is run and maintained, there are always emergencies. This is one of the main functions of a CAMG. A representative is always on-call for homeowners to contact at any time on any day, holiday and weekends. The manager will quickly assess the issue and coordinate and deploy the right resources to deal with the situation quickly and effectively.
Any HOA can benefit from using a community association management group. Board members are often overwhelmed with the amount of work and effort required to run even a small development. Having a professional available to deal with the day-to-day administrative, financial and maintenance issues alleviates a lot of pressure from the board and ensures sound decisions are being made.
Often board members are ill-equipped or not prepared to deal with major complex or maintenance issues. It can also be very difficult to dispassionately deal with other members, who also are neighbors and friends. A community association management group (CAMG) relieves this burden. A CAMG will take responsibility for the administrative, maintenance, financial and communication duties and provide solid counsel for board members on critical decisions. The group's managers are also available in emergency situations.
One of the main benefits of using a professional property manager or firm is the financial and business oversight that is provided. Board members may or may not have financial management experience necessary and even a small-sized association generates a substantial amount of financial data and information. These services produce the financial reports that help the board make solid decisions.
Unfortunately we live in a litigious society and each decision the board makes can lead to potential legal issues. Having a property-management firm available to review decisions can take the risk out of decision making. The group will advise the board on the legal and financial implications of decisions based on experience.
Keeping the association property and physical plant running is a core part of this type of service. The firm makes regular inspections and reports finding to the HOA board. They will also screen and manage any vendors and maintenance teams. For large-scale work the managers can assist in developing RFPs and secure bids.
Communication of board decisions is a often a major source of dissatisfaction among homeowners. Often this is due to incomplete information or simply poorly written reports. A community association management group will take responsibility for this and craft notices and reports that will clearly communicate the board's decisions and rationale.
No matter how well a complex is run and maintained, there are always emergencies. This is one of the main functions of a CAMG. A representative is always on-call for homeowners to contact at any time on any day, holiday and weekends. The manager will quickly assess the issue and coordinate and deploy the right resources to deal with the situation quickly and effectively.
Any HOA can benefit from using a community association management group. Board members are often overwhelmed with the amount of work and effort required to run even a small development. Having a professional available to deal with the day-to-day administrative, financial and maintenance issues alleviates a lot of pressure from the board and ensures sound decisions are being made.
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