If you're serving on an HOA board or are a homeowners association member, be sure to check out the valuable resources at the end of this post. Today, we're diving into the key roles and benefits of an HOA management company like Saunders HOA Management.
With years of experience in property and HOA management, we understand that the industry often feels like uncharted territory. Board members frequently grapple with unexpected challenges such as mismanaged funds and soaring expenses.
At Saunders HOA Management, we serve as an extension of your association's board. Take, for instance, a community named Park Place, featuring 100 homes with a monthly due of $100 per household. The community can opt for self-management, assigning resident board members to handle everything from dues collection to tax preparation. The problem? These responsibilities can quickly become a second full-time job for board members already employed elsewhere.
That's where professional HOA management steps in. We shoulder the daily operations, freeing the board to focus on governance. Tasks like dues collection, vendor coordination, bill payments, and budget planning fall within our purview. We also organize board and annual meetings and liaise with trusted CPAs and legal advisors.
By partnering with us, your board gains administrative support and a knowledgeable advisor to help navigate the complexities of homeowners association management. If your board is stretched thin and ineffective, consider outsourcing to a reliable HOA management company like Saunders.
Effective communication is crucial for a harmonious partnership between the HOA board and the management company. If challenges in communication occur, or if you question the actions taken, it might be time to evaluate other service providers.
In a nutshell, we serve as a near-complete management solution for your HOA board, enabling you to serve your community better. For more guidance and resources, contact us; we're here to help.
Mark Saunders
Saunders HOA Management, LLC
Winston-Salem, NC
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