If you’re part of a community association, it’s essential to hire a professional HOA management service to ensure peace of mind and maintain resident satisfaction. There are many perks to working with an HOA management company, but five key benefits are that the service maintains property value, provides legal assistance, offers administrative services, helps with financial management, and provides comprehensive property maintenance.

Maintains Property Value

One of the benefits of enlisting help from a professional HOA management service is their connections with specialized vendors, including teams that design beautiful and functional communities. Stunning architecture, meticulously maintained landscaping, and appealing amenities contribute to a desirable place for residents to call home. HOA management companies have a broad range of reliable, trustworthy vendors at their fingertips that can offer your community quality services at negotiated prices.

Provides Legal Assistance

HOA management services assist homeowners’ associations by working closely with the board to address government and legal issues and by ensuring that residents follow HOA regulations. They also implement HOA rules, such as issuing notices to homeowners for minor infractions. In addition, HOA management companies can assist with legal counsel, such as drafting documents for litigation, advising on tax matters, and reviewing documents for probate, estate planning, and trusts.

Offers Administrative Services

Managing a community comes with many administrative tasks that can become a burden for volunteers and board members. HOA management services help with overarching goals and small day-to-day tasks like managing the HOA’s budget, collecting member fees, sending out notices, coordinating board meetings, responding to resident inquiries, and overseeing maintenance requests.

Financial Management

Handling finances can be incredibly stressful for board members. Explaining the increase in fees to your neighbors or collecting assessments from a friend can be uncomfortable and can affect personal relationships. Financial controls management for homeowners associations can handle these requests, from creating a budget to administering payroll, avoiding a conflict of interest between board members and residents.

Provides Property Maintenance

Property maintenance is a major benefit of living in a community. Residents rely on their homeowners’ association for timely and dependable service. An HOA management company can handle the coordination of maintenance technicians for repairs and replacements, taking the stress off of volunteers or board members who may get bogged down with requests and may push them to the back burner.

Why Choose Tidewater Companies for HOA Management?

Since 1989, Tidewater Companies has been Maryland’s premier HOA property management company. Our team of professionals is well-equipped to properly maintain a thriving community, and we make it our mission to provide turnkey solutions so that owners and managers of these communities can focus on their highest priorities. You can count on great rates and timely service when you work with us. We’ve developed great relationships with suppliers and vendors that we trust to make sure your community is looking and operating at its best.

For superior property management services, trust the professionals at Tidewater Companies. Contact us today to schedule a consultation.