It can’t be denied that Property Management or PM is a very demanding occupation. A property manager needs several skills to handle different types of tasks. Every single property has its own unique features and this needs a professional who understands more than the people who live in the community.
Just as features, there are several hurdles and challenges that you might face. A good Flagstaff HOA management company will help you handle all impediments but before hiring one, you should ask whether the HOA needs a company. The boards and the members should be aware of the common HOA issues. Here are some that you may keep in mind.
- Frequent changes in HOA manager
Whenever there is a high turnover rate for the HOA managers, this can have a noteworthy impact on the operations. A new HOA manager will take a lot of time to learn the intricacies of the association. When there are frequent changes in the post of a manager, there is a loss of continuity as the new one has to start from scratch. The board should invest more time in introducing the new manager to HOA operations.
- Not enough communication
One more challenge of HOA management companies is the lack of communication. The board should have an open and clear communication line with the HOA manager. In case your emails, texts, or calls are never responded to, this means that your management company is giving you priority. They actually don’t care. In that case, it is better to switch to a new HOA management company.
- Lack of accounting services
One of the biggest benefits of hiring an HOA management firm is that they can take over the finances of your association. All board members are not acquainted with bookkeeping and accounting. This is when the services of an HOA manager are crucial as they help in maintaining the stability of your homeowner’s association.
- Not enough professionalism
An HOA management firm communicates with the members of the HOA board and they work for the whole community. It is vital for the HOA managers to keep up a certain level of professionalism while handling the homeowners. There are times when managers will need to deal with unreasonable and improper demands of the homeowners. Though this can get irritating, it doesn’t give them a right to show disrespectful behavior.
- Improper guidance
There are many self-managed associations that hire a management firm to utilize their expertise in the field of community association management. There are several local laws that govern the HOAs and if you’re not compliant with the regulations, this can result in fines and penalties. If your HOA management company is not offering you the right kind of guidance, you’ll feel that the association is being operated aimlessly.
So, if you’re one of those who have been facing major issues with the HOA management companies, make a switch as soon as possible. Utilize the online directory to find the best companies in your locality.
