Does Your HOA Need a Management Service?

It is entirely possible for an HOA to self-manage a community, but this often results in a lot of problems. Managing a community takes time, energy, money, and resources to keep everything running smoothly. Unfortunately, many communities run into problems trying to move in the right direction, leading to a slow breakdown in the HOA and the community. A St. Petersburg HOA management company can help keep your HOA and community working smoothly. 

Related: What Services Does a Tampa HOA Property Management Company Offer?

Disorganized Processes and Paperwork

Self-managed HOAs tend to be disorganized, which is the source of many of its problems. For example, misplacing paperwork can lead to errors in rules enforcement. While this can lead to social issues between the HOA and the community, it can also lead to legal issues. HOAs are legal entities that are required to keep paperwork and address problems in accordance with their governing documents. Failing to do so can result in legal actions against the HOA or the individual members in some cases. 

Hiring a St. Petersburg association management company can alleviate problems with disorganization. Management companies have more resources to dedicate to keeping community administrations organized. This includes keeping the proper documentation and complying with governing documents. 

Unclear Accounts Receivables 

Nothing gets an HOA into trouble faster than unclear accounts receivables. As a legal entity, the HOA can collect payments for specific requirements. However, this also means that the HOA must also be able to keep well-managed records of payments. If the HOA cannot do this, then it risks getting into legal trouble over poor money management issues. 

As larger and more professionally equipped organizations, management companies have the resources to better manage the community’s accounts receivables. The key is detailed documentation that is generated and filed in-house. This makes recordkeeping more reliable and can help keep HOAs from having payment management issues. 

Related: The 4 Drawbacks of Self-Managing a Condominium Association

Need On-Site Management

Many people think that management companies only work remotely and can’t fit the needs of communities that need on-site management. This is not true as many management companies have mastered the ability to manage a community remotely. Some on-site duties are still required, such as inspecting homes for rules violations, but management companies usually hire someone to do this on-site. That person is thoroughly vetted to make sure that they are not a problem for the community, and their only job is to drive around and report problems. Management companies can find other people to work on-site if needed, too. 

Manage Disputes

Disputes with HOAs are never enjoyable and can turn into a larger issue within the community. Hiring a St. Petersburg association management company can prevent some of these issues by having the company handle any disputes. This can be done fairly and equitably so that community members can trust that the management company will handle disputes properly. 

Are you ready to work with one of the top St. Petersburg HOA management companies that makes life easier for you and your board members and improves the value of your property?  If so, submit our proposal request form today!

Anonymous | Friday, September 18th, 2020 | HOA |

SERVICE FIRST

Our founder, William C. Spivey, is a man who believes in the power of people...

LEARN MORE

FAMILY OWNED

We are a family-owned and operated company built in the Tampa Bay Area by a working-class Tampa family.

LEARN MORE

CUTTING EDGE

In today’s day and age, technological advancements are occurring at a rapid rate. These developments...

LEARN MORE

EASY TRANSITION

At WPM, we understand the sensitivity and importance of a management transition. We will proactively work in...

LEARN MORE

SEE WHAT OUR CLIENTS ARE SAYING

  • Couldn’t have asked for better service. It’s NEVER this easy dealing with property management companies. Great Job! Thanks so much!

    Brent I.

  • Cody Glass from the accounting department was very helpful and professional with a lot of courtesy to help me to understand and set up a new payment process.

    Eric F.

  • I work with Wise on a regular basis, as the nature of our business requires quick turn around times. They are kind and helpful when you need something.

    Natasha A.

  • I have always received great service from Wise. Any time I need help someone always answers the phone and directs me to the right department.

    Elaine R.

  • My name is George Florence, I am the Board President of Villas of Northdale, and I have been a Board member for 5 years now. We have had perfect help from Wise Property Management.

    George F.

  • Wise Property Management is the quintessential image of a professional, organized, comprehensive, deligent and knowledgeable Property Management company.

    Kristy D., South Pointe HOA Vice President.

  • I have been working with Jeanie Hunter of Wise Property for several years now. She has handled all our Tampa Villas South association issues promptly and with great efficiency.

    Ken C., Tampa Villas South HOA Vice President.

  • Very easy to work with and everyone is friendly. We have worked with them for a very long time and love the experience. They take pride in their work and truly enjoy what they do.

    Joey V.

  • Contact Information

  • Community Information

  • This field is for validation purposes and should be left unchanged.