There are over 21,000 HOAs in Texas alone and over 74 million people living in HOAs across America.
People want to live in HOAs because it should provide them with a high standard of living and something they can rely on. Unfortunately, that's not always the case with every HOA. If your Fort Bend HOA isn't giving you the level of care that you expected, it might be time to look into association managers.
The role of an association manager is to provide guidance and action. In this post, we'll look at a few of the many hats an association manager will wear. If you want to breathe new life into your community, keep reading and find out how an association manager can help.
Financial Guidance
The role of a manager is to help maintain and improve the community. One of the most important aspects of this is looking after the ongoing financial health of the HOA. Better financial health creates less stress for homeowners and higher property values overall.
When homeowners pay their monthly HOA dues, they expect them to cover community expenses, like maintenance and repairs. Careful budgeting should account for future improvements to the community as well.
Homeowners should never question where their fees are going. There should always be transparency from the HOA board and managers. An experienced community manager will know how to budget and perform the necessary accounting duties to ensure the financial health of the HOA.
Engaging Communities
Engaging with the community is important to make all members of the HOA feel heard. Decisions about community improvements and regulations need to be made by everyone, not just the people at the top.
An HOA manager will organize regular community meetings in addition to HOA board meetings. At these meetings, they'll deal with questions, concerns, and suggestions from community members. The end goal is to strike compromises that satisfy all community members.
Maintenance and Improvements
HOA community managers have deep relationships with local vendors. This ensures that important maintenance, whether it's grass cutting or garbage removal, is being attended to. They'll also help facilitate improvements to the community as voted on by the HOA members.
Enforcing Rules
Rules and guidelines are important aspects of HOA living. When you gather dozens of homeowners under a set of rules, however, you'll always have some dissension.
Community managers know how to provide guidance to the HOA board on these matters. It can be difficult for volunteer board members to enforce regulations on their neighbors. As a third party, an HOA manager can be impartial and provide harmony to the community.
Get Association Managers in Fort Bend
Now that you know what type of guidance association managers can provide your Fort Bend HOA, it's time to get serious about it. An HOA manager will bring stability and happiness to your community through experience and expertise.
At PMI Fort Bend, we specialize in helping HOA communities achieve greater homeowner satisfaction. By taking care of everything we've discussed and more, your HOA will be set up for success. Contact us today to learn more about our process and how we can help.
