How Does a Community Association Management Company Assist an HOA Board?
Running an HOA is hard work. It can be too much for one board composed of volunteers to manage. That is why you should consider hiring a community association management company like D.H. Bader. Community association management companies can take the stress out of the day-to-day running of an HOA. To do this the HOA board and the community association management company need to work together as a team.
What does a Community Association Management Company do?
Yes, a community association management company must work closely with an HOA’s board. However, what does a community association management company actually do?
Most community association management companies provide a variety of services that help in the running of an HOA. For example, at D.H. Bader, we provide the following services:
- Association Funds Management
- Bid/Proposal and Contract Administration
- Covenant Advisory/Processing
- Covenant Enforcement
- Communications Contact
- Status Reporting
This is not all that a community association management company can do for you, and many activities fall into each category. The best way to determine if a community association management company is a good fit for your community is to contact them directly and request a proposal.
How does a Community Association Management Company help?
Not all HOAs require the same services. A good community association management company will work with an HOA’s board to determine a management plan. A tailored management plan ensures that your HOA receives the services you need. This will save you money and keep the running of your HOA efficient.
Community Association Management Companies can also provide advice to the HOA board. The community association management company should be experts in local, state, and national laws that govern HOAs. They should also have contacts with reputable, licensed, and insured contractors and professionals in the area. If your community needs other services, a community association management company can assist you in finding the right people for the job.
There is one thing that the community association management company does not do: make the rules and regulations. An HOA board is responsible for creating the rules and regulations that govern your community. While a community association management company can provide advice, they are not responsible for creating the rules. They just assist the HOA board by enforcing the rules.
Other ways that a community association management company can help your HOA board include
- Regular and easy communication between the HOA board and community members.
- Keep the HOA board’s liability exposure to a minimum by providing helpful advice.
- Take care of all day-to-day tasks.
- Provide a digital portal that can streamline community interaction and involvement.
- Work with the HOA board to find the best sub-contractors for every situation.
- Train and support HOA board members.
If you are interested in community association management and live in the Laurel, MD, area, you need to contact D.H. Bader. We excel in community association management. Our team has an unparalleled ability to work with your HOA Board to develop a management plan. You will never be forced into services you do not need. At D.H. Bader, we work for you.
Let us work with you to provide a community association management plan that helps your HOA board and your community.