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HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
HOA Management: How to Select the Best Community Association Partner
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HOA Management: How to Select the Best Community Association Partner

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When it comes to HOA management, the primary qualification for any community is trust. You absolutely must have faith in the company you hire to management your homeowners association. But first, you …

When it comes to HOA management, the primary qualification for any community is trust. You absolutely must have faith in the company you hire to management your homeowners association. But first, you need to develop a short list of qualified candidates. Learn more about HOA Management and other services by visiting http://www.AssociatedAsset.com/.

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  • 1. HOA ManagementHow to Select the Best Community Association Partner
  • 2. HOA Management• The primary qualification is trust• Running HOA involves managing a lot of projects and tasks. Experience and expertise should represent initial qualification• Spend ample time during evaluation process. Make sure you cover all your bases takes time, discipline and effort
  • 3. HOA ManagementLook Within before You Look Outside• Have a search committee in place before evaluation process begins• Understand what your community association needs• Make a list of each one’s critical requirements, then compile a master requirements list of everyone’s input
  • 4. HOA ManagementUnderstand State Guidelines• Have an idea of what state regulations require for HOA Management companies – Ex: Florida community managers required to be certified through the state• Need to know regulatory credentials needed• Consider management companies certified by industry associations
  • 5. HOA ManagementUnderstand State Guidelines• Consider company’s bonding and insurance, including liability and workers’ compensation• Ask for a copy of all insurance certificates to confirm proper coverages
  • 6. HOA ManagementInternal Processes for HOA ManagementCompanies• Look inside each candidate to determine best match. Ex: HOA management company must demonstrate stringent internal hiring practices• Evaluation should start with checking references
  • 7. HOA ManagementInternal Processes for HOA ManagementCompanies• Visit the company’s offices and facilities they manage in person
  • 8. HOA ManagementRead the Fine Print• Don’t skip reading all the terms of contract• Don’t rely on standardized contract forms• Have association attorney review all legal documents and make changes accordingly• Enter into an agreement for shorter period of time
  • 9. HOA ManagementRead the Fine Print• Understand termination clauses• Know all the costs associated with your HOA management company’s services
  • 10. HOA ManagementAbout the AuthorSusan Williams is Vice President, BusinessDevelopment and Marketing at AAMCommunity Management, one of Americasmost-respected Homeowner Association (HOA)management companies.Learn more about HOA Management and otherservices by visitinghttp://www.AssociatedAsset.com/.

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