If you're among the 31% of homeowners living in one of Phoenix's 2.8 million HOAs, you'll know that there are many benefits to residing in one of these communities. You'll also be acutely aware of the high monthly costs that accompany these benefits.
Most HOA residents appreciate the hard work that HOA board members put into maintaining their home's value and appeal. Few are aware of what these duties entail
Many HOAs in Phoenix employ HOA management services to help lighten the load for these volunteer board members. Read on to explore how this benefits your community.
1. Expert Administration and Finances
HOA management services in Phoenix employ a range of experts to assist with running the day-to-day tasks of an HOA. These experienced professionals can assist with bookkeeping, financial reporting, and tax preparation.
They can manage the telephone and email and ensure accurate record-keeping using advanced property management technology.
If necessary, an HOA management service can also assist with qualified legal assistance and advice that's in line with prevailing Arizona HOA laws.
2. Improved Homeowner Relations
An HOA manager serves as a neutral third party in all matters related to HOA affairs. They can arbitrate when disputes between board members arise and make suggestions based on their years of experience.
For board members, imposing the HOA CC&Rs among friends and neighbors can prove awkward and lead to soured relations. An HOA manager has no such ties within the community, so they can carry out their duties fairly and without fear of repercussions.
HOA managers also take care of regular communications between the board and homeowners. This ensures they stay informed and updated on all matters relating to the community.
They may also arrange entertaining community events from time to time. These get-togethers and outings help engender a sense of community spirit and positive relationships among the HOA residents.
3. Preserve Property Values
Phoenix HOA management services help the HOA board fulfill its role in preserving the appeal and value of the HOA community. They do this by enforcing the CC&Rs, but also by ensuring the amenities stay in excellent condition.
They will keep track of routine maintenance and source cost-effective contractors, thanks to their industry relationships. They will oversee the tasks involved in maintaining common areas and arrange payment for completed work.
Some of these duties include:
- Lawn mowing
- Pool cleaning
- Road maintenance
- Cleaning of communal spaces
Preserving the onsite amenities in an HOA is vital for homeowner satisfaction. It ensures that the community continues to thrive and grow.
Find out More About HOA Management Services
Enlisting professional help is the best way to cope with the complex tasks associated with HOA management. It helps streamline every operation, ensure accurate record-keeping, and relieve the HOA board of many time-consuming tasks.
PMI Phoenix Valley offers the full range of services to help you preserve the value and integrity of your HOA, backed by over 20 years of experience in Phoenix real estate.
Call us to find out more about our comprehensive HOA management services in Phoenix, AZ.