There are more than 370,000 homeowner associations (HOAs) in the United States. These represent about 40 million homes, more than half of all households in the country.
HOAs provide many benefits to neighborhoods and condominium complexes. These include ensuring that community guidelines are upheld and that common areas are kept up. All this makes your neighborhood a better place to live, which helps retain home value.
Most HOA boards are volunteer-run. This requires a lot of time and dedication. For this reason, many HOAs have hired professional community building services to help with these responsibilities.
If you need help managing your HOA duties in Woodbridge, VA, keep reading. The information below explains the benefits of hiring a management company. It will help you determine if it is the right move for your neighborhood.
What Are HOA Community Building Services?
HOAs are responsible for keeping up with the maintenance of common grounds in neighborhoods or condo complexes. This looks different for each one.
It often includes grounds upkeep for green spaces. It extends to regular maintenance and repairs for automatic gates or elevators. It also involves janitorial services for community buildings and other common areas.
HOA responsibilities also can entail scheduling services for amenities. These include things like community swimming pools or tennis courts.
Finally, HOA duties can extend to new projects residents want to take up. This might be a community garden or the installation of walking trails.
Keep in mind that, in most cases, HOA boards do not carry out these tasks themselves, but facilitate them. They might be responsible for soliciting bids from contractors for a new gate or building projects. They might help organize neighborhood volunteers for a community work project.
What Are the Advantages of Outsourcing These Responsibilities?
HOA boards comprise volunteers from the neighborhood or complex. This means they are dedicating their personal time to community building services.
Hiring a professional company can ease some of the workload. It lets someone else spend hours getting repair quotes from contractors, then report those to the board so that they can make a decision.
Also, as volunteers, any given HOA board is going to bring a limited skillset to the job. You will have people who are good at some things but not others.
Hiring professionals ensures that there are no gaps. This includes everything from organizing contractors to communicating with residents.
It is important to emphasize that a community building service does not replace the HOA board. They are there to help with some of the heavy lifting and provide professional expertise where it is needed.
Find Real Estate Managers in Virginia
Now that you know the benefits of hiring community building services, you can determine if it is a good option for your neighborhood. Hiring professionals can get rid of some of the stress associated with these HOA responsibilities. It can free up time for you and your board to focus on more important issues.
PMI Prince William is a full-service property management company with qualified, experienced real estate managers in Virginia. We offer a range of services, including HOA community building management. Reach out to us today to schedule a free consultation.