There are more than 11,000 homeowners associations in Georgia, according to the Foundation for Community Association Research. But how many of these HOAs actually serve their residents properly?
If you're having issues with your property association's leaders, it could be time for a change. Ultimately, your HOA board of directors should empower your community with expert guidance. The problem is that most HOA boards aren't full of experts, they're full of volunteers.
Making a change is possible with association managers. In today's post, we'll look at the role of HOA management and what it brings to the table. Keep reading to find out how community management will take your HOA to new heights.
HOA Accounting
HOA management companies help with accounting by handling the community's finances. They collect dues and fees from homeowners on time, ensuring that there is enough money for community needs. They also create and manage budgets, keeping track of income and expenses.
HOA managers also prepare financial reports that show how the money is being spent. This transparency helps homeowners see where their fees go. Additionally, HOA management companies make sure that taxes are paid on time to avoid IRS fines.
HOA Maintenance
Maintenance is a big part of keeping a community looking nice and functioning well. HOA management companies arrange for regular upkeep, such as lawn care and cleaning common areas. They also schedule seasonal tasks, like snow removal or pool cleaning.
These companies work with trusted contractors to fix problems quickly. They make sure that common areas - parks or community centers - are in good condition. By keeping everything maintained, HOA management companies help create a pleasant environment for everyone.
HOA Governance
Good governance is crucial for a well-run homeowners association. HOA management companies help enforce rules and regulations that homeowners must follow.
This ensures fairness and consistency, making the community run smoothly. It also boosts resident engagement.
These companies help organize board meetings, where important decisions are made. They may also help with elections, ensuring that the process is fair and transparent. HOA management companies also keep records of meetings and decisions for reference and future use.
Community Administration
HOA management companies help with day-to-day operations, ensuring that everything is running efficiently. They handle communication between the HOA board and the homeowners.
This can include anything from issues with neighbors to requests for repairs. An attentive HOA manager creates satisfaction in the community.
They also help create a sense of community by organizing events and activities. These events bring people together and strengthen bonds. By taking care of the small details, HOA management companies improve overall community life to make it more enjoyable for everyone.
Find the Top Association Managers in West Cobb
These are just a few of the many things top association managers handle for clients. If your HOA needs help, hiring the top association management company in West Cobb will get it back on track.
PMI Cornerstone is one of Georgia's top full-service HOA management companies. We are part of a brand that has been perfecting and changing the property management industry for over 10 years. Contact us today to schedule a consultation and discuss how we can take your HOA to new heights in 2025 and beyond.
