How does your community association compare to the other 14,100 in North Carolina? The value of homes in community associations has reached $7.2 trillion. However, your community's value won't rise without help.
An experienced community association management company can set you up for long-term success. Not sure who to hire? Read on for the tips you need to make an informed decision today!
Years of Experience
There are over 296,000 property management companies in the US to choose from. However, not all of them have experience with community associations. Before hiring a community association manager, look into the company's history.
Look for a team with over 10 years of experience. Ask how many associations they've managed in that time. An experienced team will leverage the expertise they've built over the years.
They know what mistakes to avoid and how to develop a strategy based on your needs. Leveraging their various areas of expertise will help your community operate more efficiently.
A long-established management company likely has professional resources you can use to your benefit. Ask the community about their accreditations and determine if they've won any awards. Choose a company that's worked hard to grow and improve over time.
Client Referrals
Ask each company for client referrals or look for company reviews online. Client referrals will help you find a reputable business you can trust with your community.
Look for comments about the company's responsiveness. How long did each client have to wait before they received help?
If the company has too many clients, they may neglect your community. Instead, make sure they have the bandwidth to respond when you need help.
Management Services
Look for a full-service association management company. Their range of services will save you time and money. You won't need to hire multiple teams for assistance.
Here are a few management services to look for during your search.
Administrative Services
Administrative tasks can become time-consuming, especially if you don't have the right tools. Your community association managers can handle:
- Document management
- Document preparation
- Meeting facilitation
- Record keeping
- Scheduling
They'll become the go-to resource for current and future residents. They'll answer questions and resolve problems as needed.
Financial Services
Keeping your community in good financial health is essential for your future success. Your association manager will help you develop a budget. They'll prepare regular financial statements for the board and residents.
Vendor Management
To improve the community's property value, you need to keep up with maintenance and repairs. Your community manager's vendor management services will ensure organization.
They'll hire reliable Charlotte contractors to ensure projects are done on time. Maintaining the community will boost the curb appeal, making it easier to attract new residents.
Find Your Community Association Management Company
Your community board and volunteers don't have to struggle on their own anymore. Instead, hire a community association management company. The best managers will help your community thrive as the envy of all in Charlotte.
PMI Queen City has 20 years of experience helping communities like yours succeed. We use award-winning strategies and state-of-the-art technology to protect, maintain, and enhance communities.
We can take care of your needs at a moment's notice. Contact us to meet your community association managers today.
