Among metro areas in the United States, Atlanta is one of the hottest. According to the U.S. Census, Metro Atlanta ranks third in the nation in terms of population growth. This includes surrounding suburbs like Roswell City, GA.
This means there are a lot of opportunities for real estate investors and community management services. Homeowners' associations (HOAs) are thriving in Georgia. Roughly 2.3 million Georgians live in an HOA.
Read on to learn about HOA management best practices. Explore the role of association management in your community.
Property Maintenance in an HOA
Property maintenance is one of the key roles of an association manager. They are responsible for making the community look clean and well-taken care of.
This involves hiring private contractors to care for the grounds. There may be hundreds of houses in the HOA, and a property manager does not have the bandwidth to care for them all.
Instead, he or she will hire landscapers to cut and fertilize the grass. They will pay for other non-recurring projects like raking leaves or planting shrubs.
Depending on what amenities the HOA offers, there may be additional tasks to coordinate. HOAs that have a pool need routine maintenance. The association manager will hire a pool treatment company to make sure the water is safe and clean.
The HOA will not look good if roofs are stained or fading. Many HOA managers will hire roofing companies that use drones to perform widespread inspections. They may also hire power washing companies to clean home siding, sidewalks, and driveways.
Association Leadership
Volunteers typically lead the HOA Board of Directors. They do not make any money and try to run the HOA in their spare time. It is impossible to do it alone, so they often hire an association manager to lead in their place.
In this role, association managers become responsible for managing and executing the HOA budget. They collect HOA dues and assess penalties for members who do not comply with the rules.
If the association manager is responsible for the community's finances, their role will grow even more. They may need to file taxes for the property. If the HOA has direct employees, they will need to handle payroll.
They plan HOA strategies and implement them to grow the community or make it a better place to live. This may involve planning large-scale projects. For example, the association manager may oversee the building of a new swimming pool or park for its members.
Your Guide to Association Management in an HOA
You now understand how an association manager fits in at an HOA. Property managers are jack-of-all-trades that can do anything that the community needs.
They ensure that the entire community looks good and has all of their exterior needs taken care of. Association managers can also run the community's finances and provide leadership services.
PMI Roswell has the personnel and experience to meet your HOA needs. If you are looking for association management services, contact us at PMI Roswell to speak with an expert.
