Why Should an HOA Hire a Community Association Management Company?
It may be time for your HOA to consider a community association management company like D.H. Bader. In the suburban Maryland area, there is no property management company better than D.H. Bader. How do you know if you need our services? In the rest of this article, we will answer that question.
Four Reasons Your HOA Needs a Community Association Management Company
Here are four reasons why your HOA may need a community association management company.
1. There are not enough volunteers or too many residents.
Your HOA, like most, is likely staffed by volunteers. In some communities, volunteers are lining up to work in the HOA. Yet, you may be understaffed. Or perhaps your community has seen a rapid increase in residents. In both of these situations, you need to contact a community association management company.
At community association management companies, like D.H. Bader, managing your HOA is our full- time job. We work closely with your Board of Directors to provide a tailored management plan for your community. Then you can sit back and let us deal with the hard stuff.
2. Volunteers lack the skills necessary to manage the HOA effectively.
Sometimes an HOA Board of Directors and Volunteers have gaps in their knowledge. You may lack someone with an accounting background, for example. There are so many varied services that make up community association management, that finding the right combination of people with the correct skills may be a challenge.
When you hire a community association management company, you never have to worry about this problem again. The best companies will work with your Board of Directors to determine the services most needed by your community. These could include keeping informed of all federal, state, county, and city issues; communicating directly with residents; accounting services; and much more.
3. The HOA needs someone to handle communications with homeowners.
Responding quickly and effectively to all Board of Directors and community members can be a full-time job in and of itself. You need a website, email address, or community portal where residents can voice concerns and suggestions. At least one person must then check for new communications regularly. It can be an all-consuming job.
If you are struggling to keep up with a deluge of communications, then it may be time to hire a community association management company.
4. Volunteers are too busy.
As you can tell, HOAs can be an extremely time- consuming operation. This is, of course, not meant to discourage volunteers. However, your HOA may need a little help.
Community Association Management companies like D.H. Bader will step in and pick up the slack. We can help keep the day-to-day operation of your community running smoothly. By dealing with the practical concerns, that frees time for your Board of Directors and volunteers to work on making your community the best it can be.