The task of managing an Aurora, CO HOA can be overwhelming, especially since many HOA board members are community volunteers tasked with significant responsibilities. That’s why many HOAs turn to professional community association management firms to help take care of day-to-day tasks.
HOA management companies have the manpower and industry knowledge to expertly handle your community’s needs, from daily maintenance tasks to behind-the-scenes guidance. If your HOA board is feeling overwhelmed with all of the tasks necessary to run a successful community, HOA management firms can offer key community management services that make your life easier.
One of the most important services provided by HOA management companies is advisory services. Although final decisions are always made by community board members alone, HOA management companies can provide the board of directors with valuable advice and guidance on topics such as budgeting, legal issues and maintenance.
HOA management firms can also help the board of directors stay up-to-date on changes in laws and regulations that may affect the community. With so many daily tasks requiring your board’s attention, it can be challenging to keep up with ever-changing local laws and regulations, especially if you don’t have a legal professional on your board. Having an experienced advisor on hand can help make sure your association is making the best decisions for the community.
HOA management companies can also provide administrative support to the board of directors. By outsourcing tedious administrative tasks, the HOA board members can focus their time and energy on other important issues, such as key decision-making during board meetings.
Daily administrative items that your HOA management company might perform include:
- Paying bills
- Collecting assessments
- Planning and executing community events
- Managing HOA correspondence
- Managing vendor contractors
- Facilitating board meetings
HOA management companies can also handle the day-to-day operations of the association, freeing up the board of directors to focus on more impactful tasks.
Day-to-day operations can take up a considerable amount of time for board members, and as volunteers, you may not always have time to do the many tasks that need to be completed each day. Luckily, your HOA management company can perform ongoing maintenance and regular inspections to ensure that all areas of your community are in good working order.
Daily community management services can include vendor coordination, resident communications, repair oversight, expense tracking and more. Your HOA board will authorize your community management firm to perform specific tasks, so what exactly your management oversees is up to the discretion of your board.
Overall, HOA management companies can take the burden off of your board and ensure that your community is always running smoothly. If your HOA is looking for help managing the association’s day-to-day tasks, an HOA management company may be the right choice for you.
If your Aurora, CO HOA is in need of HOA community management services, trust the industry-leading experts at The Management Trust. We provide full-service community management as well as independent financial management services to best suit your Aurora community’s needs. To find out more about our wide range of community association management services, give us a call at 303-750-0994 or fill out our online contact form today.