If you live in one of the 20,000 HOA communities in Texas, you may be wondering why your community isn't giving you what you need.
There should be a certain set of perks you get when you buy into an HOA. Whether it's regular property maintenance, community-minded living, or higher property values, HOA living can be wonderful. If you're not experiencing any of these things, it's time to look into community managers.
Today, we'll explain what a Dallas community management company does and how it can make your HOA better in 2024. Read on and set foot in a new world of HOA living.
HOA Accounting Duties
One of the most important duties of an HOA community manager is to look after the community's finances. Every HOA member pays monthly dues that are pooled to pay for everything from vendor contracts to new amenities.
Most communities' finances are handled by the HOA treasurer, which is a volunteer homeowner who has the community's interest in mind. Well-meaning though they might be, your community needs an experienced accountant to handle the amount of money coming in each month.
A community management company will have a professional accountant on staff to perform thorough bookkeeping and budgeting. The result is a more lucrative community with higher property values and the lowest possible HOA dues.
Property and Community Maintenance
Area maintenance is an essential aspect of HOA living. Your HOA board should have a set of vendors appearing regularly to tackle everything from garbage removal to landscaping. If your board can't coordinate these vendor contracts and schedules, the HOA will fall into disrepair.
HOA managers come with existing vendor relationships, so vendor coordination is never a problem. Whatever your community needs, the perfect vendor is a call away.
Looking After Community Interest
HOA meetings are where community members come together to discuss important matters. Whether it's amendments to governing documents or choosing new amenities, organized meetings can make the HOA better for everyone.
If you don't have organized meetings, it's because you don't have organized leadership. An HOA manager brings experience and professionalism to the table. They'll ensure everyone's voice is heard and that the community's wishes are always a priority.
Governance and Compliance
Every HOA is governed by its own set of rules and regulations. These dictate how homeowners act and how properties are kept. The idea is to create uniformity in the community to make it a desirable place to live.
Whenever you have dozens of homeowners living under a set of rules, issues will arise. If your HOA board can't keep bad actors in line, an HOA manager will. They'll issue penalties to rule breakers and diffuse conflicts to ensure greater community harmony.
Get the Best Community Managers in Dallas
These are a few of the many things that community managers bring to an HOA. If you want the best HOA management in Dallas, look no further than PMI Nortex Properties.
We offer comprehensive HOA management services, including everything mentioned here. Contact us today to learn how we can improve your HOA.
