If you are buying a home in Phoenix, Arizona, you need to consider all possible options. For many prospective homeowners in the state, HOA living is an obvious choice. Living in a community that’s managed professionally by a homeowners’ association can feel different. As a homeowner and member of the HOA, you have the right to all amenities and facilities, and at the same time, you have community rules that must be followed. Properties managed by HOAs have better resale value and market credibility, so if you intend to sell the house later, you may get a fair price.
These HOAs are often managed by companies and agencies that specialize in the sector. In this post, we are sharing things worth knowing about Phoenix HOA management companies.
- The Association still has complete control. When it comes to governing rules and regulations, the HOA board is still responsible for all important decisions. From setting the rules to determining penalties and fines, the HOA is still in control of the residents governing it. The HOA management company works more like an extended arm, handling all other asks.
- HOA management companies can juggle many hats. Each homeowners’ association has specific needs, right from financial planning, and accounting, to upkeep & maintenance. An agency can do one, or all of these things at once. Many HOAs start with outsourcing one task, eventually allow the agency to take over the basic and extensive management of the community and its resources.
- Services may differ. Not all HOA management companies do the same tasks. For an association and the community, there are certain seasonal tasks too, such as recycling or removal of trash. Each agency that handles HOA management may offer its own pool of services, including customer service.
- A good HOA management service can save costs. It is often believed that hiring an agency for HOA work can be an expensive, which is not entirely true. Professional companies in Phoenix work with local contractors, vendors, and services for diverse needs, and they have contacts to handle emergencies. Engaging the right HOA management company may actually save costs.
There are numerous companies in Arizona that specialize in HOA management services. These companies have changed the way residents interact with the association, while bringing a professional approach to administrative tasks. The eventual cost of outsourcing depends on the needs of the concerned HOA, but it is always possible to get an estimate.