HOA management myths are all around. They include the idea that living in an HOA is unpleasant and that getting a manager to oversee it is unwise.
Research says otherwise. According to the 2024 Homeowners Satisfaction Survey, approximately 86% of residents said they have a positive experience in their HOA. Approximately 72% of respondents reported that their community manager provides value and support to residents.
Read on to learn the truth about three HOA management myths that could prevent you from hiring them.
What Does a Property Manager of an HOA Do?
The best way to start providing HOA property management facts is by discussing what property managers do.
They ensure all aspects of a community are functioning and looking their best. Their duties can include:
- Conducting inspections
- Coordinating maintenance
- Managing documents
- Hiring vendors
- Fielding disputes
- Handling legal issues
What are the Signs of a Dysfunctional HOA Board?
One of the most challenging Florida HOA facts to accept is that they don't always operate as they should. Problems within the board are one of the first signs that you may want to hire a manager to help out.
Signs of a dysfunctional board include:
- Infrastructure problems
- High turnover
- Ineffective meetings
- Poor communication
- Poor documentation
Three Common HOA Management Myths
Even those who live in a thriving community can believe common HOA management myths. They may think managers are too intrusive or unnecessary. They believe they can do it alone.
Myth 1: Professional HOA Management Is Expensive or Unnecessary
This is one of the simplest HOA misconceptions to fall into, especially in small communities. It may seem like the board is enough.
The problem is that most of these boards are volunteer-run. They don't have the legal experience to keep up with Florida's changing HOA statutes. Many members also lack sufficient time.
Excessive expenses are also among the most common HOA management myths. Cash-strapped communities may not think they can afford it. The truth is that having a manager is a cost-effective decision. It'll save you money in the long run because your community is running more efficiently.
Myth 2: Managers Will Impose Excessive Rules and Regulations
One of the most common HOA misconceptions is that they force excessive fines or regulations on residents.
Once you find the right management company, you'll see this isn't true. They'll enact reasonable regulations to create community harmony. They'll only impose fines when necessary.
Myth 3: Managers Have All the Decision-Making Power
One of the most important community property management truths is that your community's board will always have the final say. They approve every change that could affect the community and its governing documents.
That doesn't change when you hire a community manager. They only help you make the best decisions for your community.
Benefits of Professional HOA Management
Debunking HOA myths helps show the benefits managers provide.
They maintain open communication and resolve disputes. Financial oversight keeps the community on budget. Handling maintenance requests keeps it safe and beautiful.
This ensures that community spaces look their best. It also helps homes maintain their value.
Get Fort Myers Community Management Today
MyTown communities has offered Fort Myers community management for 15 years. We oversee all aspects of the community. We can help you enhance property value and create an unmatched sense of community.
Contact us to request a proposal today.