When a homeowner association (HOA) board hires a HOA management company, it often can mean the difference between success or struggles for a community. A management company can perform a number of important responsibilities on a daily basis. Learn more about a HOA Management Company by visiting http://www.AssociatedAsset.com/.

1. Why HOA Boards Benefit from
Working with a HOA Management
Company

2. HOA Management Company
• When a homeowner association (HOA) board hires a HOA
management company, it often can mean the difference between
success or struggles for a community.
• A management company can perform a number of important
responsibilities on a daily basis.
• Some of the benefits a HOA management company provides
include:

3. HOA Management Company
Clarity
•Management companies help ensure the HOA’s rules, regulations and
policies are clearly defined and communicated to members.
•They also make sure these rules make sense and are easy to follow.
Consistency
•A good HOA management company enforces rules and policies with
consistency.
•The management company makes sure there’s no perception of unfair
treatment or favoritism among members.
•It will also deal with any problems as soon as they surface.

4. HOA Management Company
Legal Knowledge
•A HOA management company is often very knowledgeable regarding legislation
affecting homeowner associations.
•The company will understand how the HOA’s policies, and enforcement of the
policies, best conform to the law.
Varied Expertise
•A HOA management company will have diverse professionals on staff, including
experts trained in property management, finance, accounting, human resources,
marketing and more.
Vendor Management
•Management companies are experienced in building solid vendor relationships.
They know how to keep issues from escalating.
•Vendors may be more inclined to work with professionally managed HOAs because
they know the chances are high the community will be well run.

5. HOA Management Company
Neighborhood Commitment
•Homeowners need to feel the management company is maintaining a safe, well
managed neighborhood that’s meeting their expectations.
•It’s in the HOA management company’s best interest to make all the members
within the community satisfied with their services.
Open Communication
•A HOA management company can open the lines of communication among
members.
•It’s important everyone within the community feel comfortable voicing their
concerns and ideas.
•A professional management company can bring more to the table than just
enforcing HOA rules.

6. HOA Management Company
What Type of Community Should Hire a HOA Management Company?
•Often, size dictates whether a HOA hires a management company.
•A smaller community may opt to be self-managed, whereas a larger HOA may find it
impossible to conduct business without the help of a trained professional.
•Although size is one criterion, it’s not the only deciding factor.
•A better way to decide whether to hire a professional HOA management company is
to consider the following:
Does the HOA manage many buildings, amenities and properties?
Does the HOA have a lack of volunteers to manage the association?
Do the volunteers lack the skills and expertise to do the necessary HOA
management work?

7. HOA Management Company
• Some HOAs may find they need to supplement their volunteer work
with an outside professional management company.
• For example, maybe the HOA management company will handle some
of the accounting functions and board member volunteers manage
homeowner communications.
• However responsibilities are delegated between the board and
management company, the focus should always be on maintaining
property values and a sense of community.
• This is what will attract buyers to the neighborhood – and keep
current members happy and involved.

8. HOA Management Company
• AAM works with many of the largest homebuilding and
community development companies in the United States such
as Del Webb/Pulte, Shea Homes and Meritage Homes.
• Founded in 1990, the company employs 370 people and
manages over 400 homeowners associations in the United
States.
• AAM is dedicated to delivering total peace of mind to the Boards
of Directors and homeowners in the communities it manages.

9. About the Author
Susan Williams is Vice President, Business
Development and Marketing at AAM
Community Management, one of America's
most-respected Homeowner Association (HOA)
management companies.
Learn more about a
HOA Management Company by visiting
http://www.AssociatedAsset.com.

10. About the Author
Susan Williams is Vice President, Business
Development and Marketing at AAM
Community Management, one of America's
most-respected Homeowner Association (HOA)
management companies.
Learn more about a
HOA Management Company by visiting
http://www.AssociatedAsset.com.