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In a new statement to the press, Kuester Management Group outlines some of the considerations for homeowners associations seeking a professional management team.
CHARLOTTE, N.C. - ncarol.com -- Running a successful homeowners association requires constant diligence and much day-to-day administration, encompassing everything from financial management to vendor procurement. While many HOAs start off as self-managed, the typical Board of Directors reaches a point where they need additional help and third-party expertise. This involves enlisting an HOA management company. In a new statement to the press, Kuester Management Group stresses that not all management teams are created equal, requiring Boards to do their due diligence.
"Going with the first company that pops up in a search is not always the wisest option," explains Bryan Kuester, President of Kuester Management Group. "The Board should have a general idea of what these businesses do and what qualities are most important."
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One thing that distinguishes different HOA management companies is the level of training and credentialing. "There are a variety of certifications and licenses that HOA management companies can obtain through organizations such as the Community Associations Institute (CAI)," says Kuester, noting that advanced training can yield far greater subject-matter expertise.
Another factor to consider is scope of services. The typical HOA management company will offer a range of services, ranging from bookkeeping to assistance running meetings. "Do they offer pre-set packages, or are services customizable based on your HOA's goals and budget? This is a core consideration," notes Kuester.
Technology can also be a determinative factor. "What software systems are available to help streamline HOA operations?" asks Kuester. "Do they offer online portals, electronic payment solutions, or digital recordkeeping? All can help your Board run more smoothly, all while ensuring a better experience for homeowners."
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Ultimately, Kuester says it's crucial for the Board to shop around, compare a few different options, and ensure a vendor who is aligned with their community's needs and goals.
Kuester Management Group provides guidance to HOA communities throughout North and South Carolina. Learn more about the company and its services by visiting www.kuester.com.
ABOUT:
Kuester Management Group, a division of Kuester Companies, works to protect property values and enhance the quality of life in each of its managed communities. Providing a full range of association management services, Kuester Management Group has worked to foster strong, resilient, and unified communities across North and South Carolina. The company is proud to offer on-site property managers, all zealous for building strong communities meant to stand the test of time. More information is available at www.kuester.com or @KuesterCompany.
"Going with the first company that pops up in a search is not always the wisest option," explains Bryan Kuester, President of Kuester Management Group. "The Board should have a general idea of what these businesses do and what qualities are most important."
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One thing that distinguishes different HOA management companies is the level of training and credentialing. "There are a variety of certifications and licenses that HOA management companies can obtain through organizations such as the Community Associations Institute (CAI)," says Kuester, noting that advanced training can yield far greater subject-matter expertise.
Another factor to consider is scope of services. The typical HOA management company will offer a range of services, ranging from bookkeeping to assistance running meetings. "Do they offer pre-set packages, or are services customizable based on your HOA's goals and budget? This is a core consideration," notes Kuester.
Technology can also be a determinative factor. "What software systems are available to help streamline HOA operations?" asks Kuester. "Do they offer online portals, electronic payment solutions, or digital recordkeeping? All can help your Board run more smoothly, all while ensuring a better experience for homeowners."
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Ultimately, Kuester says it's crucial for the Board to shop around, compare a few different options, and ensure a vendor who is aligned with their community's needs and goals.
Kuester Management Group provides guidance to HOA communities throughout North and South Carolina. Learn more about the company and its services by visiting www.kuester.com.
ABOUT:
Kuester Management Group, a division of Kuester Companies, works to protect property values and enhance the quality of life in each of its managed communities. Providing a full range of association management services, Kuester Management Group has worked to foster strong, resilient, and unified communities across North and South Carolina. The company is proud to offer on-site property managers, all zealous for building strong communities meant to stand the test of time. More information is available at www.kuester.com or @KuesterCompany.
Source: Kuester Management Group
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