Around 67% of North Carolina's 2.8 million HOA residents rate their experience as positive, and 22% are neutral. Most HOA boards would prefer a more enthusiastic response.
If you're one of these board members who strives for excellence, there are things you can do to enhance your community's satisfaction. You can dedicate more time to serving their every need or hire a professional HOA property management service to do the hard work for you.
Read on to explore how a homeowners association management company can lighten your load and increase the quality of life in your community.
HOA Management Promotes Property Values
Many homeowners are prepared to pay more for homes where they enjoy HOA community benefits. These include the following:
- A sense of community
- Conformity in home design
- A selection of onsite amenities
These attributes contribute to the fact that homes in HOAs are valued at around 4% more than comparable properties.
To maintain these values, the HOA board must ensure compliance with the HOA's CC&Rs and keep the onsite facilities in immaculate condition.
When you find the right HOA property manager, they help boost community spirit and promote rule compliance and collaboration.
HOA Property Management Takes Care of the Details
Volunteer HOA board members rarely have the skill and experience to manage every aspect of running an HOA. A property management firm employs teams of experts to take care of these specialized tasks.
This gives you access to a degree of legal and financial know-how that's often lacking in HOA boards. Although the board members retain responsibility for major decisions, an HOA manager is an excellent source of advice and experience.
They will take care of all the details related to maintaining onsite amenities. This includes:
- Regular inspections
- Sourcing cost-effective contractors
- Overseeing and inspecting completed work
An HOA's CC&Rs are vital for maintaining the community's aesthetics and smooth operation. It's sometimes awkward for HOA board members to approach friends and neighbors about late fees or rule infringements.
As a neutral third party, an HOA manager can easily enforce these rules impartially. In the event of ongoing offenses, they can assist you with HOA liens in line with prevailing North Carolina law.
An HOA Property Manager Improves Community Spirit
HOA managers take care of daily correspondence and record-keeping to ensure clear communications and prompt service. They arrange events and get-togethers so that residents can socialize and build a sense of community.
By ensuring that everyone abides by the same rules, community managers reduce ill-feeling among residents while maintaining the value of their properties.
Hire the Best Charlotte Property Managers
HOA property management services relieve board members of tedious, time-consuming, and specialized tasks. They provide the expertise and experience you need to thrive as a community.
PMI Queen City offers a comprehensive range of HOA services in Charlotte. Our team consists of local experts dedicated to enhancing the quality of HOA living.
We are backed by a fast-growing national property management franchise. Browse our blog for more community management tips, and do what's best for your HOA today.
