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According to the Foundation for Community Association Research, 2.5 million community association volunteers dedicate 98.5 million hours to their communities annually. Your volunteers deserve a break! Instead of asking them to operate alone, hire an association manager.
Not sure how to screen association property management companies? Use these tips to find the best property management firms in Cypress, TX.
The right company can streamline operations to help your community thrive. Read on to simplify your search today!
Talk to Your HOA Board
Before creating a list of Cypress community association management companies, talk to your HOA board and volunteers. Ask where they're struggling. They may lack experience and expertise with certain tasks.
Make a list of your main priorities and concerns. For example:
- Improving the community's financial health
- Finding reliable contractors
- Scheduling inspections and maintenance
- Collecting HOA fees
- Improving property values
- Increasing HOA board meeting attendance
- Collecting delinquent funds
Recognizing your priorities will help you find the right company for the job. Some property management firms won't offer the services you need.
Choose a company that will customize its services based on your goals. They should take the time to recognize what makes your community unique. These firms are more likely to help your community grow.
Look for Community Association Management Experience
Determine how long each community association management company has offered services in Cypress. According to IBIS World, the property management industry grew by over 2% in the last five years. Newer firms will lack relevant hands-on experience.
Consider how many community associations each company has managed (and for how long). These teams understand how associations operate. They'll have an easier time catering their services based on your goals.
Determine if you'll work with a dedicated association manager. Learn more about their credentials and experience.
Find a team with expertise in different areas (legal, marketing, evictions, etc.). Leverage their expertise to ensure your community's success.
Consider Their HOA Management Services
Look for a full-service property management company. You'll find all the help you need under one roof (which will save you money). Popular HOA management services include:
- Preparing and maintaining financial records
- Assessment collection
- Community communication
- Preparing and filing tax returns
- Managing the HOA's budget
- Document management
- Accounting and reporting
- Maintenance and building management
- Organizing membership meetings
Ask what best practices and processes the company follows. Look for a team that's organized and efficient.
Gather bids from three local companies to compare their prices. If one company charges higher than the rest, question why.
Look for a company that offers a professional guarantee. They'll stake their reputation on their services. These teams are more likely to meet your needs, expectations, and goals.
Review Association Property Management Companies
Vetting dozens of association property management companies in Cypress could take days. Instead, use these tips to simplify your search. Choose a company that can accomplish your goals using an innovative approach.
Look no further than PMI Values Your Casa. We're dedicated to customizing our approach to meet our community's unique needs.
Trust our exceptional services, professional guarantees, and state-of-the-art technology. Contact us now for a free consultation.
