Category: Real Estate

HOA Community Management: What It Is & How to Hire a New Group

An HOA community management company can be considered to be a comforting umbrella that helps hold things in place for an HOA Association. When you consider that the HOA members of a community are volunteers, it’s easy to assume that most of them won’t have the time or energy to handle all of the requirements of their responsibilities. This is especially true when the HOA is large and has a lot of buildings or units to take care of.

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The Required Skills

It’s also safe to say that many of the HOA volunteers won’t have the skills required to handle all of the responsibilities that go along with managing a community. For example, someone will need to be in charge of the books and if there is no one available with accounting experience, the budget can fall apart quickly. As well, while you won’t necessarily need an experienced roofer in the homeowners’ association, you will need to find somebody that knows how to find a commercial roofer that charges a fair price, has all of the necessary insurance and has an impeccable reputation.

This is where an HOA management team steps into play. They can help the homeowners’ association with a number of different tasks including:

  • Legal issues
  • Collections
  • Managing vendors
  • Public-relations
  • Finances
  • Security systems
  • Landscaping
  • Backup administrative support
  • Much, much more

How to Hire a New Group

If a homeowners association needs some help with community management, it’s important to find the right management team that has all the skills available along with an outstanding reputation that can be verified. As well, it’s best to look for a group that offers customized packages so that the HOA ends up paying for only the services that it needs. In some cases, the homeowners’ association will require more services if the buildings are in disrepair, if there are already late collections involved or there are currently  issues collecting fees. In these types of scenarios, property management teams are definitely an asset.

What’s Wanted and Needed

It all comes down to finding out what’s wanted and needed from the community HOA and how the funding for the property management team can work into the budget. By crunching the numbers and knowing exactly what the homeowners’ association is lacking in resources, the search can begin for a HOA property management company. Fortunately, most of the searching can be done online. Then, once a list of companies has been formed it’s just a matter of giving each one a call to find out their pricing structures and the resources they have available to provide the best service for you.

Many HOAs these days cannot function properly without the added assistance that comes from a management team. In some cases, it can be devastating if outside help isn’t called in. For this reason, more and more homeowners’ associations rely on the expertise provided by their management company to help take some of the burden off the shoulders of the association members.

3 Biggest Tips for Boosting Your Home’s Value

Today’s article is brought to us by Clint, a writer for AZEF (a local Arizona real estate group). He recently helped put together this new Chandler home for sale listings page on their website. He’s working on a piece for their blog as well, detailing the most sought after neighborhoods in the East Valley.

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If you are considering selling your home then there are many things to think about. For most people, things like which insurance agent to hire and curb appeal come to mind immediately. These two things are very important to selling a home. They do affect how quickly a home will sell and whether or not you will get your asking price. But, they don’t affect the home’s overall value much. So, you should also consider the 3 biggest tips for boosting your home’s value.

Perform Small Home Improvements

When you think of home improvements, you probably think about remodeling. These are very expensive jobs that can take time to complete. But, there are some simpler home improvements that you can make to help your home’s value.

In fact, many can be done for under $100. You can do things like getting a home inspection. This allows you to provide proof that your home is up to snuff. It also puts prospective buyers at ease. Visit with a home designer or real estate agent. There are many real estate agents that offer to walk through your home and give you ideas. But, you also can hire an interior designer for an hour to do the same thing. Another simple home improvement is paint. Updating the colors can do a lot.

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