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Kuester Management Details Benefits of Hiring a Property Management Company for HOAs

Running an effective HOA can be challenging, but partnering with a property manager can ease stress and improve operations.

CHARLOTTE, N.C. - Oct. 11, 2017 - Rezul -- The responsibilities of a homeowners association (HOA) are immense. There are budgets to manage, repairs to track, meetings to organize, policies to discuss, and problems to solve. All of these tasks are entrusted to a group of committed volunteers who have stepped up to run the community's HOA. Trying to keep with everything and comply with legal requirements can be challenging. Kuester Management Group has released a statement to the press regarding how HOA communities can be benefit from teaming up with a skilled property manager.

"Running a large HOA can seem like a full-time job," says Bryan Kuester, President of Kuester Management Group. "There is always something that needs to be done or someone who needs a response. Partnering with a property management company can help to reduce some of this strain while also providing valuable knowledge, resources, and guidance."

Property managers are well-versed in local, state, and industry regulations, notes Kuester. They stay up-to-date on any changes and how they may affect communities. Self-managed HOAs may not understand the full implications of rule changes or how they apply to their operations. A property manager can explain things in easily understood terms and guide the HOA in making appropriate changes to how they function.
"Community managers can also reduce the stress of day-to-day operations," says Kuester. "They take on many of these responsibilities so that the board can focus on more pressing issues. The property manager can field many incoming calls or requests and provide residents with the information or resources they need. There is no need to disrupt the board for these simple issues."

In addition, the property manager can help ensure consistent enforcement of rules. This can reduce discrepancies and complaints because all residents are held to the same expectations. The board can consult the manager about making clarifications or adjustments and verifying that rules are in compliance. When new rules are proposed, the property manager can provide guidance, though they are not the one actually deciding on the rule. They enforce what the HOA has put in place.

Tasks such as responding to requests, filing reports, following up with vendors, and sending communications can also be handled by the property manager. Plus, the management company often has its own accountants or financial professionals that can help with budgeting, collections, special assessments, and other money matters. Board members may not have a strong financial background, but they will have the support and expertise of the property management company to help them navigate these issues.
"Property managers also have access to a wide range of resources," notes Kuester. "They can help the board to identify reputable vendors or contractors, manage bids, negotiate contracts, and much more. When the board and property manager work together, they can create a plan that meets everyone needs and allows the HOA to operate as effectively and efficiently as possible.

Kuester Management Group works with HOA communities of all sizes throughout North and South Carolina and provides a wide range of services to meet their unique needs. Visit www.kuester.com to learn more about available services and how partnering with a property manager can assist HOA communities in thriving.

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.

Contact
Bryan Kuester
Kuester Management Group
***@kuester.com


Source: Kuester Management Group

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