Monday, March 15, 2010

Effective HOA Property Management

Finding a HOA Property Manager in the Carolinas isn't a difficult. Finding a good one can be!

Your Property Manager is a critical member of your association's operating team. You need to be able to rely on the Property Manager, or Property Management firm to oversee the landscape and facilities maintenance programs, submit bids for contract work, oversee billing and accounts payable and act as a liaison between residents and board members.

Choosing the right company to serve as your community's managing agent can be overwhelming—so we've put together a few tips.

The HOA Property Manager should be able to:
• Provide you with accurate, up-to-date financial reports on a regular basis.
• Provide overviews of your common areas and buildings' structural and mechanical elements
• Understand changing federal, state and local laws to avoid violations
• Maintain accurate, accessible files and records for your neighborhood, and make that information readily available to the HOA board and residents
• Attend any special meetings of the HOA board or residents
• Interact knowledgeably with other professionals like attorneys, accountants, engineers, etc.
• Respond promptly to inquiries from residents
• Maintain working relationships with reputable local contractors and service providers

If you are interested in learning what Kuester can do for your Homeowners Association, please check out our Property Management website.

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