Choosing a new home in San Antonio, TX., comes with many options as there were over 5,000 home listings for sale in 2022. However, not all homes are as all-inclusive as one that is part of a homeowner's association (HOA).
If you are in the market for a new home or trying to improve your current community then you should know the benefits of an HOA, especially one that uses community association management.
Improve your community and home living. Find out all the advantages of working with a HOA associate below.
1. Increase the Value of Property in the Community
One of the priorities of an HOA management company is to manage the appeal and functionality of your property and its neighborhood. Working with the HOA board, a manager associate will ensure that common areas are maintained by hiring a lawn care service, upgrading amenities, and staffing a clean-up crew.
These tasks elevate the value of your home as more potential buyers want to move into your neighborhood. They are willing to pay more for a property that is in an area well cared for and safe for their family.
If you own properties in Texas communities that have HOA managers then you might get more money when you sell it. This is important in San Antonio, where the average house value is $338,100, which is lower than the national average.
2. Enforce Community Policies Without Bias
The HOA community is run by residential volunteers, which can sometimes cause problems when it comes to decision-making and implementing new policies.
To avoid bias and to ensure that rules are followed, a community association manager acts as a liaison. Use them to communicate back and forth between board members and residents.
They enforce rules without any personal attachment. The manager also doesn't give special preferences to certain residents like board members.
Managers can also suggest new policies based on feedback from the community and have these policies voted on in board meetings.
3. Get Help With Financial Budgeting and Bookkeeping
One of the best reasons why you might hire a property manager in San Antonio is to get professional accounting help. This part of the job may be the most difficult if no one on the board has experience with bookkeeping.
The manager also helps with creating a budget, collecting HOA fees, and allocating expenses for contractors. Securing financial records is also easier when the HOA uses a property management service, which gives you access to online tools and storage space.
Elevate Your Community with Community Association Management
Whether you are a board member, current, or potential resident, you will enjoy the benefits of having your property under the expertise of community association management. Not only will your property be more appealing, but it will also make the logistics of managing properties much easier.
Put your community in good hands by contacting PMI First SA Properties today to speak with a professional.