Are you thinking about hiring a community association management company, but heard some nasty stories about management partnerships in the past? In this blog post, we’ll dispel four common myths about community association management and lay your fears to rest about what community management companies are actually hired to do.
Community association management is only for large, multi-unit complexes
This myth is not true at all. Property value is important for any community association, no matter the size. That’s where community association management comes in. It’s not just for the large communities. Community association management can save time and effort on mundane tasks and bring in valuable connections for any community association board. It’s for those who want to secure their property value and connect with valuable new partners.
Community association managers are only responsible for maintaining the property
#FALSE! Community association managers wear many hats. In addition to being responsible for maintaining the common elements of the association, they also handle an array of general administration, accounting, finance, legal, and many more deliverables. They play an important role in keeping community associations running smoothly and removing the burden of everyday tasks from the association Board.
Community association managers are unapproachable and difficult to work with
At Ardent Residential, we pride ourselves on the incredible talent we have with our management team. Always working with a smile, our managers are experts in their field and well-equipped to handle any task. If you’ve had a bad experience with a community association management company in the past, we’d love to hear about it and see how we could do things differently. We have a no-questions-asked, risk-free 90-day money back guarantee, but we know you won’t need to use it.
Community association management is expensive and not worth the cost
It’s worth every penny, just ask any of our clients. Many communities examine the possibility of management but reject the idea on a financial basis. While it may seem like hiring a company would be expensive, many communities save money. You need a professional to calculate your annual budget, or find new, less expensive vendors that maintain high standards of work. You may find that a management company removes the need for spending in multiple areas and consolidates the cost at a discounted rate.
Community association management is a vital and crucial part of keeping any HOA organized, efficient, and running smoothly—no matter the size or budget. If your community association has been holding off on hiring a manager because of any of these myths, it might be time to reconsider. The benefits of having a professional community association manager on staff are many and varied and can save your association both time and money in the long run. Contact us today to receive a proposal for your community.