When was the last time your HOA volunteers took a day, a week, off? Unfortunately, there's always something to do: answering membership inquiries, collecting dues, calling contractors. Your volunteers won't enjoy living in your HOA if they're always working for it.
Instead of leaving your volunteers to struggle alone, consider hiring Oakland, CA HOA property managers. With professional services, you can set your community up for lasting success.
On the fence? Read on to discover the benefits of hiring a property manager before deciding!
Financial Administration
To experience the benefits of living in an HOA, your community members must pay their dues on time. The average monthly HOA fee in the US is $170, though some communities are raising dues by 15% due to inflation. Your community members may get upset if the board increases dues this year.
Handling the community's finances is often one of the most stressful tasks for volunteers. For example, they may have to ask friends and neighbors to pay their overdue assessments. These situations can be uncomfortable and even affect friendships.
An experienced HOA property manager will step in as a neutral party. They can:
- Prepare and file tax returns
- Manage the budget
- Prepare and maintain financial records
- Provide financial reports to the board of directors
- Assist with financial planning
- Handle the payroll for employees
- Process HOA dues and fees
Their services can ensure the community's financial health and future.
Customer Service
Every day, your HOA volunteers respond to numerous phone calls, emails, and form submissions. Customer service can feel like a daunting task, especially when members are upset. Your HOA board can't spend every second responding to residents.
Your HOA manager can handle all inquiries on your behalf. Their strong communication skills will ensure polite, professional responses that better represent the community.
Save Money and Time
Hiring a property manager for your HOA will save everyone time and money. The 2.5 million community association members in the US complete 98.5 million hours of volunteer service every year. That's hours your members could spend enjoying life in your beautiful community.
Choose a property management company that uses state-of-the-art technology. Their tools and resources can ensure efficiency and remove human error.
For example, you can start using a board member portal to streamline communications. The portal can contain important documents, allow members to submit maintenance requests, and more.
Your manager can also attend and facilitate HOA meetings. They'll ensure meetings remain productive and on point.
Higher Appeal
The best property management company will help improve the neighborhood's aesthetic appeal. A higher aesthetic appeal can improve property values. Your community will become a more desirable place to live.
For example, your property manager can hire the best vendors in Oakland. They'll ensure contractors complete maintenance projects on time.
Hire Oakland HOA Property Managers Today
Your volunteers don't have to manage the community alone. Instead, hire HOA property managers. The best property management company will help your community thrive for years to come.
Need immediate help? Look no further than PMI Oakland.
We have nearly 20 years of industry experience helping communities improve. We'll tailor our services to your community's unique requirements. Contact us today to schedule your consultation.
