In Arizona, 67% of HOA residents rate their HOA experience as positive. As an HOA board member who strives for excellence, you might like to see a higher rating in your community.
Hiring a Home Owners Association management services manager is one way to boost your community residents' satisfaction levels. Find out what expert HOA management can do to help you exceed their expectations.
HOA Excellence Defined
You can't determine whether you need help with your HOA unless you know what you're aiming for. The most effective HOA success strategies involve the following:
- Promoting community communication
- Fostering resident engagement
- Applying sound financial and operational management practices
- Using technology for precise reporting and efficient management
While HOA board members provide valuable voluntary service within their communities, they rarely have the know-how and experience to perform all these tasks at a high level. Hiring HOA management services gives you access to a host of professionals in every sphere of community management.
HOA Managers' Skills and Qualifications
Professional property managers must have a real estate license to offer their services in Arizona. Community managers do not require any formal qualifications.
Despite this, many Phoenix community managers do have experience and qualifications related to real estate. This experience helps them deliver the best community management solutions for their clients.
Apart from formal qualifications, community managers possess a slew of skills that are central to their success. These include:
- Strong leadership skills
- Extensive knowledge of HOAs
- Communication expertise
- Accounting experience
- Property management know-how
- Experience working with contractors
These characteristics make it easier for them to navigate disputes, establish HOA excellence practices, and encourage community harmony.
Key HOA Manager Tasks
The HOA board has many responsibilities toward their residents, but there are a few areas where a property manager may assist them. HOA managers can help streamline the following aspects of community living:
Financial Management
Using the latest property management technologies, HOA managers keep accurate records and engage in financial transparency. They can advise the board members about effective budgeting to help ensure the HOA maintains its value while keeping HOA fees within reason.
Compliance and Rule Enforcement
HOA managers are a neutral third party. It's easy for them to enforce rules and manage disputes impartially and without fear of creating ill-feeling among friends and neighbors.
They can also act as an important sounding board during HOA meetings, especially when board members disagree on certain issues.
Streamlining Operations
Onsite community managers are always at hand to answer residents' correspondence and attend to the upkeep of shared amenities.
They can negotiate the best prices with suppliers and contractors to help the HOA operate within its budget.
Hire a Home Owners Association Management Services Manager
There's no doubt that the best way to embrace HOA excellence and alleviate stress for HOA board members is by hiring a professional community manager.
PMI PHX SW is committed to providing every client with an array of services to help their HOA communities thrive. We have many years of experience in the Phoenix real estate environment as well as specialized skills related to HOA management.
Find out how a Home Owners Association management services manager can add value to your Phoenix HOA today.
