When it comes to hiring flagstaff hoa management companies, it is essential to ensure that you have a clear understanding of what is included in their services. You should ask any potential management company to provide you with a comprehensive list of their services, as well as an estimate of the price for their contract. Also, be sure to make it explicit that this is the only price they will quote you.
It may be wise to consult with your homeowners’ association or other associations in your area in order to get referrals from other homeowners and find out which management company has had the best reviews from people living nearby.
Here are some important questions you ask your prospective HOA management company to ensure that you are going ahead with the right choice.
What do their services include?
The management company that you are considering should provide you with a detailed list of all the services that they are going to offer. You may want to keep your advisors, accountants, and lawyers in the loop regarding how the management company is managing your HOA, as they can chime in about any concerns. Ask for a comprehensive list of all the services offered by your HOA management company.
What qualifications does their team have?
The first thing that you want to assess yourself is the qualifications of the management company. Ask them to list all the employees of their team. Keep a note of all the names, job titles, and contact information so that you can contact them easily when you need any additional assistance.
What vendor relationships do they have?
Most HOA management companies outsource most of the services that they provide to different vendors, so ask them about their vendor relationships and how they are going to save you money.
How much do they charge? Are there any hidden costs?
Although the price of their services is not the only thing that you should look at while hiring an HOA management company, it will certainly help you make a decision. Ask them to provide you with a detailed estimate of all the costs associated with their services. You may also want to consult your neighbors and other homeowners in your area to find out how much they are paying for their management services.