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Kuester Management Group highlights a few reasons why smaller associations should consider working with an HOA management company.
CHARLOTTE, N.C. - ncarol.com -- Running an HOA can be very rewarding, but it also comes with a great deal of trust and responsibility. Many smaller HOAs choose self-management because they have fewer members, a smaller budget, and shorter list of rules and regulations. But partnering with a management company can still have its advantages. Kuester Management Group has released a statement to the press regarding some of the benefits professional management can bring.
"Whether an association has 500 members or 15 members, they are still held to the same local, state, and federal laws," says Bryan Kuester, President of Kuester Management Group. "They may be operating on a smaller scale, but many of the same processes and procedures exist. A community manager can help ensure they are staying compliant with appropriate laws."
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Small associations still must hold meetings, maintain accurate records, collect dues, and enforce rules, which can be time consuming. Having administrative support can take some of this burden off board members and allow them to focus on issues that cannot be delegated to a management company. Board members can use their time more effectively and be more productive because they have someone helping out on the backend.
A management company can also provide insight and guidance when it comes to updating rules, hiring vendors or contractors, and dealing with member questions or concerns. Community managers have in-depth industry knowledge and training that enables them to effectively handle any issues that arise, and they stay abreast of the latest changes to rules and regulations. The board may not realize where there are gaps in its own knowledge because there is so much to keep track of and take into consideration.
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"One of the biggest concerns of smaller associations is cost since they do not have as large of budgets as HOAs with hundreds of members," says Kuester. "But management companies can work with HOAs to put together a plan that fits their needs, goals, and budget. Perhaps they could benefit from just a few services rather than a comprehensive package."
Kuester works with associations of all sizes to develop solutions that align with their best interests and educate on the benefits professional support can provide. Boards do not have to do everything themselves. Learn more by visiting www.kuester.com.
ABOUT:
Kuester Management Group works to protect property values and enhance the quality of life in each of its managed communities. The company is proud to offer on-site property managers, all zealous for building strong communities meant to stand the test of time.
"Whether an association has 500 members or 15 members, they are still held to the same local, state, and federal laws," says Bryan Kuester, President of Kuester Management Group. "They may be operating on a smaller scale, but many of the same processes and procedures exist. A community manager can help ensure they are staying compliant with appropriate laws."
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Small associations still must hold meetings, maintain accurate records, collect dues, and enforce rules, which can be time consuming. Having administrative support can take some of this burden off board members and allow them to focus on issues that cannot be delegated to a management company. Board members can use their time more effectively and be more productive because they have someone helping out on the backend.
A management company can also provide insight and guidance when it comes to updating rules, hiring vendors or contractors, and dealing with member questions or concerns. Community managers have in-depth industry knowledge and training that enables them to effectively handle any issues that arise, and they stay abreast of the latest changes to rules and regulations. The board may not realize where there are gaps in its own knowledge because there is so much to keep track of and take into consideration.
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"One of the biggest concerns of smaller associations is cost since they do not have as large of budgets as HOAs with hundreds of members," says Kuester. "But management companies can work with HOAs to put together a plan that fits their needs, goals, and budget. Perhaps they could benefit from just a few services rather than a comprehensive package."
Kuester works with associations of all sizes to develop solutions that align with their best interests and educate on the benefits professional support can provide. Boards do not have to do everything themselves. Learn more by visiting www.kuester.com.
ABOUT:
Kuester Management Group works to protect property values and enhance the quality of life in each of its managed communities. The company is proud to offer on-site property managers, all zealous for building strong communities meant to stand the test of time.
Source: Kuester Management Group
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