Demand for Association Management Services Rising in 2009
Because of the economy, many Homeowners Associations are turning to professional management companies to handle full service management that includes financial matters, legal matters and maintenance or property issues. The companies that offer full service management help an association be in compliance with regulations, helps them maintain property values and offers convenient methods for repair requests or fee collections.
Some companies offer additional low-cost, value-added services such as full-service Financial Management services for HOA’s. These are the ones in the most demand, as our company can vouch. This includes services such as the ones described on the WMDouglas Property Management website, http://www.wmdouglas.com/financial-management-services .
William Douglas, owner of WMdouglas Property Management at http://www.wmdouglas.com says, we have been providing quality association management services to North Carolina and South Carolina since 1980. Since we exclusively manage Homeowner Associations, Condominium Owner Associations and Commercial Condominium Owner Associations, we have seen this trend developing. Since managing finances takes experience and commitment, we assist the Boards in everything from budgets to collecting assessments and issuing invoices.
When it comes to contracting maintenance and repairs or keeping legal documents and developing procedures or sending notices, a professional management company that offers full-service is important in the day-to-day operations of these Associations.
Professional full-service management is important to home values. Without proper administration, property values suffer, cash flow problems occur and Association members complain and don’t pay dues and assessments. Before long, an Association may find themselves in legal issues involving non-performance and negligence if they are not careful.
WMDouglas Property Management at http://www.wmdouglas.com has taken over management from situations like this, and we have seen the kind of problems that Association Boards face. We take the burden of these issues and handle everything with our trained and professional staff , who is experienced in the different areas of Association management.
In North Carolina, we have offices in Charlotte, Raleigh, Greensboro and Winston-Salem. In South Carolina, we have offices in Columbia, Hilton Head Island, Myrtle Beach and Charleston. We also have offices in Georgia, Florida and Connecticut. No matter where in the Southeast your Association is located, we have professionals that can help. Visit our website at http://www.wmdouglas.com for more information.
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- William Douglas Property Management
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