When it comes to HOA management, the primary qualification for any community is trust. You absolutely must have faith in the company you hire to management your homeowners association. But first, you need to develop a short list of qualified candidates. Learn more about HOA Management and other services by visiting http://www.AssociatedAsset.com/.

1. HOA Management
How to Select the Best Community
Association Partner

2. HOA Management
• The primary qualification is trust
• Running HOA involves managing a lot of
projects and tasks. Experience and
expertise should represent initial
qualification
• Spend ample time during evaluation
process. Make sure you cover all your
bases takes time, discipline and effort

3. HOA Management
Look Within before You Look Outside
• Have a search committee in place before
evaluation process begins
• Understand what your community
association needs
• Make a list of each one’s critical
requirements, then compile a master
requirements list of everyone’s input

4. HOA Management
Understand State Guidelines
• Have an idea of what state regulations
require for HOA Management companies
– Ex: Florida community managers required to be
certified through the state
• Need to know regulatory credentials needed
• Consider management companies certified by
industry associations

5. HOA Management
Understand State Guidelines
• Consider company’s bonding and
insurance, including liability and workers’
compensation
• Ask for a copy of all insurance certificates
to confirm proper coverage's

6. HOA Management
Internal Processes for HOA Management
Companies
• Look inside each candidate to determine
best match. Ex: HOA management
company must demonstrate stringent
internal hiring practices
• Evaluation should start with checking
references

7. HOA Management
Internal Processes for HOA Management
Companies
• Visit the company’s offices and facilities
they manage in person

8. HOA Management
Read the Fine Print
• Don’t skip reading all the terms of contract
• Don’t rely on standardized contract forms
• Have association attorney review all legal
documents and make changes accordingly
• Enter into an agreement for shorter period
of time

9. HOA Management
Read the Fine Print
• Understand termination clauses
• Know all the costs associated with your
HOA management company’s services

10. HOA Management
About the Author
Susan Williams is Vice President, Business
Development and Marketing at AAM
Community Management, one of America's
most-respected Homeowner Association (HOA)
management companies.
Learn more about HOA Management and other
services by visiting
http://www.AssociatedAsset.com/.