Property management is an important part of HOA managers’ work profile. When a homeowner association appoints a manager, they entrust all the responsibilities related to the operations of an HOA to him including the property management. This indirectly means that an HOA manager can be contacted to fix all the wear and tear and construction glitches that can prove to be a thing of hassle if not attended to on time. Here is how HOA management companies deal with the property management issues and provide ultimate solution to the property owners.
- Parking area and common area maintenance: Community living areas do have some common areas which are to be used by all the property holders. Community garden area, parking area, conference and banquet hall or community center in the residential township are some of the areas whose maintenance is the responsibility of an HOA management company entailing the property maintenance services.
- Getting all major repairs related to plumbing and electrical connections done: Common water supply lines and electrical connections to the property need regular repairs and timely checks. The collaboration of HOA management companies with plumbers and electrical fitting contractors saves the homeowners from the pain of finding a vendor by themselves. They need to just pay the HOA management fees and the rest lies on the shoulders of the company they have hired.
- Landscaping: Enhancement of property features is also one of the important prerogatives of an HOA management company. They need to maintain well-maneuvered, manicured lawns, and also come up with the ideas to convert barren, open land into something beautiful and helpful in adding to the aesthetics of the area. Flower planting initiatives, or adding more greenery to the surroundings are some of the issues that can be entrusted to HOA management company.
- Dues collection and issue of alerts: A property can get enhanced only if the HOA has funds. The financial situation of HOA is largely dependent on the funds raised from collection of maintenance charges and other rentals from the home owners. Preparation and presentation of report of dues is one of the crucial functions that an HOA company does. It helps in finding the report of receivables and ultimately, to prepare negotiation terms to reduce the loss.
Thus, it is quite helpful if you get into contract with HOA management companies like http://www.cedarmanagementgroup.com/ that has reliable and dedicated team of well-read managers who are efficient of carrying out all the responsibilities to the fullest satisfaction.