The neighborhood HOA isn't just there to enforce rules. Their goal is to enhance Jessup, Maryland neighborhoods while increasing property values.
There's such a dedicated industry for improving neighborhoods that over 350,000 HOAs exist. There are many administrative duties and networking tasks involved in maintaining a community.
The HOA board does plenty, so it helps to have an association manager. But what is association management? We've got the answers, keep reading to learn what association managers do.
HOA Board: What Does It Do?
The integral members of the board are the president, vice president, secretary, and treasurer. The president guides the meetings and delegates to other board members.
The vice president shares similar duties to the president and takes their place when indisposed. The secretary is responsible for all HOA records.
The treasurer is in charge of all association funds. They pay bills, collect and distribute funds, and handle bookkeeping.
All board members must understand the association's bylaws and other policies. They're all also volunteers.
What Do Association Managers Do?
An association manager isn't a volunteer or part of the board. They're paid third-party partners within the homeowners association.
They're more like advisors, but the board members aren't obligated to listen to them. We'll first discuss their general administration duties.
We mentioned that there's a lot of administrative work involved with running a homeowners association. Here is some of what you can expect from an association manager:
- Screening potential homeowners
- Reviewing proposals with the board
- Gathering applications
- Attending meetings and taking notes
- Updating database information
- Handling documentation
- Distributing notices
These tasks are vital but can take a lot of time. The manager takes care of these things while the board focuses on larger projects and leads the rest of the association.
Communication
The association manager also heads internal communications within the homeowners association. They may do this through their association management company's online portal.
They can track project progress and complete to-do lists for the rest of the board. Constant communications help board members stay on top of things and reduce frustration.
Maintenance and Financial Management
Upkeep ensures the neighborhood's property values stay high. To that end, the association manager finds reliable vendors to help with maintenance within budget and on schedule.
Managers also create financial statements, track the budget, and collect HOA dues. They, alongside the treasurer, keep the neighborhood financially stable.
Legal Services and Advice
HOAs aren't all-powerful; there are certain things they cannot do. For instance, they can't force homeowners to sell their homes for ignoring the rules.
An association manager would know that and can stop board members from trying to force the issue. A manager would generally have the expertise and advice to keep your HOA legally compliant.
Does Your HOA Board Need Rescuing?
Collecting HOA fees is important, but probably not something HOA board members have time to do. That's where the association manager -- or PMI Village Alliance comes in.
PMI Village Alliance is a full-service property management company servicing Jessup, Maryland with over 20 years of experience under our belt. Our property managers can help make running an HOA less stressful.
Get in touch through our online form. We'll help your homeowners' association thrive.