HOAs continue to grow in popularity every year. People tend to choose homes that are already a part of these tight-knit communities because of all the benefits it awards them.
A lot goes into running an effective and efficient HOA, which is why many HOAs look to association management companies for help.
How do you know a particular management company is better than the others? We're here to help you answer this question. Keep reading to find out how to pick the right match for your Tacoma community.
Available HOA Services
The first thing to focus on during your search is the services the company provides. Consider what your HOA needs and then look for a company that fulfills those needs best while staying within local laws and regulations.
Financing
It's difficult for an association to succeed without a well-kept HOA budget. The company you choose should know how to organize and track the budget so that your HOA can tackle any event or project they want. They'll track member dues, collect fees, keep records, manage taxes, and assist with planning.
Property Maintenance
HOA communities need frequent maintenance to make the area enjoyable to use and entice new members. Your management company should do inspections of common areas, track work orders, and achieve competitive rates.
Organization
An association company should also know how to help your HOA stay organized. They'll know how to set up meetings so that those meetings stay on topic. They have a working relationship with authorities and other important figures within the area.
All of this makes it easier for your HOA to achieve its goals.
Local Lingo
Although HOAs are popular throughout the country, no single HOA community is the same as the others. Each has individual quirks and needs, set in the unique background of their city or town.
This is why it's vital to find a local leader within your city. An outside perspective will only take you so far.
If the company location is set right in your own town, you'll know that those experts love your city as much as you do. They'll know the specifics of the area intimately and will better aid your HOA because of this.
Current Technology
Does the management company you're looking at use updated tech to make things simple for you? Check to see if you can get in contact with them quickly or look into the status of a current work order.
Without current tech available, it's often difficult for an HOA and an association company to fall in sync with one another.
Choose Experienced Association Management Companies
Many association management companies have a lot to offer, but experience is something you can't replicate. Only years in the industry can ensure the best results.
When it comes to association management, PMI Cascade is a leader in the Tacoma area. We are a large franchise with 20 years of experience in helping communities worldwide prosper. Check out our association management services and we can work together to make your community thrive like never before!
