Florida has the most homeowners associations per capita in the country.
If you're part of an HOA, you may be wondering why your community isn't operating as efficiently as some others. Often, the quality of an HOA comes down to how well its leaders can handle the trials and tribulations of association management.
This is especially true when it comes to governance. In today's post, we'll discuss HOA governance and how association management services can enhance it.
Living in an HOA should come with a host of amazing benefits. If your HOA isn't governed properly, you won't experience them. Keep reading and learn how an association manager can help.
Financial Responsibility
Being able to effectively govern an HOA often comes down to money. If there isn't enough money filtering into the community, there's either a problem with HOA fee collection or money management.
Your HOA board members are volunteers who have a vested interest in the community. The treasurer needs to have some experience with accounting to keep balanced books and budgets for everything the community needs.
An association management service has a wide range of professionals on staff, including accounting professionals. These people will help put your community in a better financial position, keeping fees low and property values high.
Compliance
Every HOA has its own set of governing documents. These cover every aspect of HOA living, including the do's and dont's for every HOA member.
Anytime you have dozens of homeowners living under a single set of rules, you'll have issues. It's the HOA leadership's role to enforce the regulations so that there's uniformity in the community. This can put a strain on community morale, as it creates a power dynamic between neighbors.
As an independent third party, your HOA manager will more easily enforce regulations. They can issue penalties to bad actors, diffuse conflicts, and create more harmony in the community overall.
Organization
One of the most important association management skills is organization. For a community to function at a high level, you need people at the top who know what needs doing and when.
For example, community maintenance is an important part of living in an HOA. A good HOA manager will prioritize vendor coordination so that everything from landscaping to garbage collection is done in a timely and regular manner.
Better Communication
In the end, an HOA community needs input from everyone. If one homeowner feels that their concerns aren't being addressed, the community won't thrive. It all comes down to successful communication through regular HOA meetings.
HOA meetings are where consensus is reached on major issues and decisions within the association. These meetings must be organized and all voices should be heard. An HOA manager has the organization and experience to ensure meetings are well-run and that plans are enacted once decisions are made.
Get the Best Association Management Services in DeLand, FL
Proper governance is the key to HOA success. With good association management services, you'll never have to worry that your community isn't being well governed.
To get the best HOA manager in DeLand, contact PMI Central Florida and we can discuss your HOA and its needs today.
