United Properties is a property management company located in North Liberty, Iowa and serving clients throughout Johnson and Linn counties. United Properties specializes in managing rental properties and home owner’s associations. For additional information contact us at ryandelaney@unitedpropertiesusa.com or 319-470-3845.
Why partner with a management company?
HOA property management can be instrumental in determining the success or failure of a community. Hiring a property management company to handle day-to-day operations provides several benefits. First, it helps to build a strong, unified community that home owners can take pride in. Home owners take pride in the appearance of their community. Through clear communication of rules and policies, in addition to consistent enforcement of community policies, home owners can feel confident in the long term appearance of their community.
It is difficult to handle the diverse, intricate issues faced by an HOA without the appropriate experience and training. A good HOA property management company has the experience necessary to manage issues ranging from collections and tax filings to insurance planning and vendor negotiations. Most importantly, management companies have the experience and expertise necessary to protect the HOA’s long-term financial viability. Through creating and maintaining a budget, managing expenses throughout the year, a property management company helps the HOA build reserve accounts. Reserve accounts are instrumental to avoiding home owner assessments and ensuring that future buyers are able to obtain financing.
The final benefit is obvious; the culmination of services provided by a management company improves the marketability of the homes within the HOA! Once the items described above have been accomplished, the property management company can help you communicate these items to prospective buyers. Through websites that share the community’s appearance and financial strength, the community’s owners enjoy a competitive advantage in selling their home when they decide to leave the HOA.
An HOA property management company’s business is only as good as the satisfaction of its homeowners. It is imperative that the management company maintains a safe, clean community with all the amenities desired by residents. A good property management company is going to work hard to satisfy HOA residents and make them proud of their homes and of the homeowners association.