5 qualities of a great management company
TRANSCRIPT
5 5 Qualities
of a Great Community
Management Company
Brought to you by:
1. AccreditationAccreditation is an easy way to spot a management company
that will bring more to the table. Leading industryorganizations only recognize select management companies
with their accreditations that are awarded based on strictguidelines. By earning these designations, a management
company has proven that they uphold industry best practicesand meet a set of respected standards.
2. StructuredFinancial Planning
A primary concern for many CIDs is financialstability. A great management company can offeraccurate fiscal management that will ensure your
association is operating within its means. Accuratefiscal management entails annual budgets, reserveplanning, and continuous evaluation of spending. Asteady financial picture is a fundamental aspect of ahealthy HOA and a quality community management
company will ensure that that is the case.
3. ExperienceWhile time is not always an indicator of
quality, experienced communitymanagement companies have generally
had more learning opportunities thatallow them to develop proven methods.
The advantage of having extensiveexperience is that since no association is
the same, managers can learn how todeal with a wide variety of situations and
apply that knowledge in the future.
4. ProactiveMaintenance
A great management company will implement aproactive maintenance program that will sustain
the necessary upkeep of the community. Anorganized maintenance program can provide
many benefits to an association. While one of themore obvious benefits is the upkeep of curb appeal,
a respectable management company will havepartnerships with vendors that can save an
association money and improve the quality ofoverall maintenance.
5. ReliableCustomer Service
Reliable customer support is an invaluablebenefit of working with an
experienced management company.A quality management company will
devote the resources to providearound-the-clock support staff that will beknowledgeable and responsive. This open
line of communication will improve theoperation of the association as well as thequality of life for those who reside there.
In order to ensure that you choosea company that will act in the best
interest of your association,consider these 5 qualities when
selecting a new managementcompany.
For your HOA needs call us todayat 858-495-0900.
www.waltersmanagement.com