27% of Idaho's homes are situated in HOAs.
If you're one of these homeowners, you may be wondering why your HOA isn't living up to your expectations. Most HOAs are still run by a volunteer board of directors, so if your community is faltering, it's likely because they're out of their depth.
Running an HOA is difficult, which is why it's a good idea to hire community association management. In today's post, we'll tell you how an HOA manager can help you navigate the challenges of community living with expertise and guidance. Keep reading and take your HOA community in Boise to new heights.
What Does Community Association Management Involve?
Good management companies can handle every need that your community might have. They offer a broad range of services, with the most important having to do with financial management, governance, maintenance, and running meetings.
Accounting
Every member of an HOA pays monthly dues that are compiled to pay for everything the community needs. If your HOA treasurer doesn't have accounting experience, you could see major issues, such as falling property values and rising HOA fees.
Managing large sums of money shouldn't be left to an amateur. Management companies offer professional accounting services. Not only will they take on HOA fee collection, but they'll also perform bookkeeping and budgeting duties to maintain the financial health of the community.
Governance
All HOAs have rules and regulations that homeowners must live by. If your HOA board can't keep bad actors in line, your community could fall into chaos.
An HOA manager has no issue governing communities to ensure everyone complies with the rules. They'll issue penalties to bad actors and mediate conflicts between homeowners to maintain harmony in the HOA.
Vendor Coordination
Maintenance is essential to the safety and desirability of an HOA. How well-maintained your community is comes down to vendor coordination. This involves drawing up contracts and schedules with local vendors.
A good HOA manager brings existing vendor relationships to your community. Regular maintenance will be on schedule and any emergencies can be dealt with because good vendors are a call away.
HOA Meetings
HOA meetings bring together all homeowners to discuss important matters in the community. If your board can't run organized meetings, however, nothing will get accomplished and the HOA will stall.
A good HOA manager has plenty of experience running community meetings. They'll see to it that all homeowners have a chance to be heard and, more importantly, they'll promptly get to work enacting community decisions.
How They Help Navigate the Challenges of Community Living
HOA living comes with a unique set of perks, but there are many challenges as well. Using their skills and expertise, an HOA manager can guide a community without imposing its will.
The direction of an HOA community has to be in the hands of the homeowners. Association management is there to facilitate that and empower homeowners.
Get the Best HOA Manager in Boise
Now that you know what community association management involves, it's time to tell you how to find it.
PMI Treasure Valley is the top HOA property manager in Boise. We offer a wide range of HOA management services, including everything discussed here and more. To learn how we can help you navigate the challenges of community living, contact us today.
