3 Tips for Choosing HOA Management Companies in New York

3 Tips for Choosing HOA Management Companies in New York

Condominium living is a huge life step for many people. It's often peoples' first homes, and many condos and related properties provide luxury living.

Nearly 74 million people in the United States live in properties governed by homeowners' associations (HOA). If you have a property that could use some governing and oversight, there are plenty of HOA management companies available to serve you.

An HOA management company performs services like handling the upkeep and facilitation of common areas and services. It guides your property's HOA so that everything is handled with attention to detail.

Here's what you should consider when you're searching for the best HOA management companies to work with.

1. Seek Guidance in Your Choice

HOA management is an important choice that requires knowledge and effort. Putting together a search committee is a great idea when you're looking for the best HOA management professionals.

This search committee should consist of business partners and interested parties. They can come up with a criteria for the HOA management company and assist you in narrowing down options.

2. Research Their Specialty and History

Once you've found the top HOA management companies in New York, do a deep dive into their history and previous work. This can include how long they have been in business, their philosophy, and what properties they currently serve.

Understand the basics, such as what services they provide, rates, and the terms of the contract. You should also look the company up in the Better Business Bureau (BBB) and homeowner's association professional organizations.

Learn which HOA properties they have helped manage and gauge the results for yourselves. Speak to some residents to learn about their experience with the HOA. Find plenty of references that speak highly of the company, and use all of these details as you narrow your search for association management in New York.

3. Book a Consultation

Carve out some time to speak with the HOA management pros one-on-one. Set up time to ask all of your questions and learn who you'll be working with directly.

In speaking to a New York association management during a consultation, you can see if they check all of your boxes. For example, you might prioritize companies that effectively communicate, put together maintenance plans, and are excellent marketers.

Study what they offer and make sure that it fits what you're looking for. This way, your property and all of the people living there will get their money's worth from their fees.

Work With the Best HOA Management Companies

HOA management companies are plentiful in New York. When you find the right one, they're worth their weight in gold. If you're looking for the best association property management professionals in the Manhattan area, the choice is clear. We'd be happy to show you why we're the best around.

PMI Manhattan Group works with clients all over New York City and would be glad to count you among our next. Looking for answers? Touch base with us by sending us a message, or giving us a call at 212-804-7705 today.