Imagine your beautiful community operating on its own. Maintenance projects are done, you've collected dues, and residents are happy. With help from an association management company, it's possible!
There are over 877,990 people in the property management industry, though. Without a plan, you may hire an inexperienced team.
Not sure which associate managers to hire? Read on for the tips you need for an effective search!
Years in Business
Determine how long each company has offered services in Del Mar, California. Teams with years in business have established processes. They'll ensure accuracy and efficiency.
An inexperienced team may make costly mistakes while managing your community. They could waste your time or money.
Consider how many communities the company has managed over the years. Determine if these communities are thriving.
How did the associate managers benefit the community's growth? Ask how they improved the community's property values as well.
An experienced team leverages proven strategies and best practices. You'll have confidence knowing they've been successful in the past. Consider how they've navigated problems or catered services for each client.
Confirm that each company is licensed and insured. Ask about the associate managers you'll work with directly. Learn more about their training, education, and certifications.
Finding a certified, experienced team will give you peace of mind. You can feel confident in their ability to manage your community.
Look for teams that have varying levels of expertise. For example, are they aware of California's housing laws? These companies will ensure you remain compliant with local laws and regulations.
Client Reviews
Ask each company for three client referrals. Speaking with their previous clients will ensure you find a reputable team. Companies with a glowing reputation will want to maintain it by offering the best possible services.
When speaking with their clients, ask:
- Are your associate managers experienced?
- What services do you request?
- Are you satisfied with their work?
- Have you encountered problems?
- How did the company resolve those issues?
Otherwise, look for company reviews online. Check for comments about responsiveness. Don't hire a company that's difficult to reach.
Association Management Services
Ask each company about the association management services they provide. Look for a full-service company. You'll have access to all the resources you need from one team.
These services may include:
- Board member assistance
- Scheduling
- Maintenance and inspections
- Community communication
- Document management
- Compliance
- Accounting and reporting
- Assessment collection
Ask about the resources they use. Some companies rely on property management software. These professionals can ensure better efficiency and accuracy.
Determine how these services will benefit your community. For example, how can they improve property values? The value of homes in associations is $11 trillion.
Ask the company how they'll accomplish your goals. If they won't customize their services or agreements, keep searching.
Hire Your Association Management Company
Don't hire an inexperienced, unreliable association management company. Instead, do your due diligence during your search. Use these tips to find an experienced, capable team.
Our team at PMI Del Mar has over 20 years of industry experience. We take the time to appreciate the individuality of each community. Leverage our network, expertise, and state-of-the-art resources.
Our innovative strategies and solutions can help your association thrive. Contact us now for association management services.
