According to KSL Homes, 27% of Utah's homes are now in homeowners associations.
Not all HOAs are successful, though. Many communities don't have the leadership to give homeowners what they need. If this isn't the case in your HOA, an HOA property manager can help.
Today, we'll give you some advice for association success in South Jordan. You can improve your community management with these expert tips. Keep reading and improve overall resident satisfaction.
Running Effective Meetings
Effective HOA meetings are the basis of a solid community. Always set a clear agenda and share it with residents ahead of time. This keeps meetings on schedule so you cover all key issues.
Start and end on time to respect everyone's schedule. When meetings are efficient, residents feel confident in the HOA's leadership.
Professional HOA property managers help facilitate meetings. They can provide guidance and ensure all homeowners can voice their opinions. Their expertise brings transparency and builds trust among residents.
Prompt Property Maintenance
Regular maintenance keeps the community safe and comfortable. It also brings more value as investors show interest in buying into the HOA.
Create a detailed schedule for routine tasks like landscaping and common area repairs. Address issues such as broken lights or sidewalk damage to avoid bigger problems.
A good property manager oversees maintenance schedules. They also develop vendor relationships to ensure tasks are dealt with efficiently.
Strong Governance
Strong governance starts with clear rules and consistent enforcement. Ensure governing documents are up-to-date and reflect the community's needs. Board members should communicate these policies to avoid misunderstandings or disputes.
All communities deal with bad actors. It's how these people are dealt with that tells you how proactive your HOA board is. If bad actors are left to do as they please, it sends a negative message to the rest of the community.
Professional HOA management brings expertise in governance. Managers provide advice on amending documents and resolving conflicts. This support helps the board maintain order and protect the community's interests.
Proper Accounting
Accurate accounting is essential for financial stability. Maintain transaction records and ensure budgets align with the HOA's goals. Conduct regular audits to address discrepancies early.
HOA property managers specialize in financial management. They prepare budgets and ensure legal compliance. Their skills help the board make smart decisions and secure the HOA's financial future.
All HOA homeowners pay monthly dues. These are pooled to pay for everything the community needs, whether it's maintenance or new amenities. If accounting practices aren't strong, the community suffers in more ways than one.
Hire the Best HOA Manager in South Jordan
When you have a great HOA property manager, your community can thrive in ways you never imagined. These property management tips make this simpler. If you want the top community management solutions, PMI Salt Lake can help.
We offer all of these amazing services and more. You don't have to deal with poor management dragging down your community. Contact us today to learn how we can help your HOA board thrive in 2025.
