Question: What Does a HOA Management Company Do?

Answer:

A HOA management company is responsible for handling the day-to-day operations of a homeowners association, including collecting dues, enforcing rules and regulations, maintaining common areas, and handling resident concerns. They serve as a liaison between the board of directors and homeowners, ensuring that the community runs smoothly and all necessary tasks are completed efficiently.

Additionally, a HOA management company may provide financial services such as budgeting, bookkeeping, and financial reporting to the board of directors. They also help prepare for and manage community events, oversee vendor contracts, and ensure that the community is in compliance with all local laws and regulations. Overall, the role of a HOA management company is to support the board of directors in maintaining and enhancing property values and creating a harmonious living environment for residents.