Revelation Community Management | 3 Main Types of HOA Management, Which One Is Best For You?

3 Main Types of HOA Management, Which One Is Best For You?

Posted by  on 
April 25, 2022
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RCM
  • 3 Main Types of HOA Management

If you are an HOA board member, then you know that making decisions about the community’s property can be difficult. One of the most important decisions you will make is determining which type of management services is best for your HOA. Even the smallest HOAs need some form of professional management. In this blog post, we will discuss the different types of management services and help you decide which one is right for your community!

Whether you are in charge of the management of a large community or the caretaker for just a few units, here is what you need to know about choosing an HOA management service. Here are three main types of HOA management services:

1. Self-managed HOA Management

Self-management is when the HOA board members handle the day-to-day operations of the community themselves. This includes tasks such as handling finances, organizing events, and dealing with maintenance issues. While this type of management can save the HOA money in the short run, it can be very time consuming for the board members. In addition, if any of the board members move or leave the HOA for any reason, there could be a lot of disruptions in service.

2. Full-service HOA Managements

Full-service management is when the HOA hires a professional property management company to handle all aspects of community operations. This includes tasks such as finances, maintenance, and event planning. While this type of management can be more expensive than self-management, it can save the HOA board members a lot of time and hassle. In addition, a professional property management company will have a staff of experienced professionals who can handle any situation that may arise.

3. A la carte HOA management

A la carte management is a mix of the two previous types of management services. With this type of service, the HOA board members handle some tasks themselves while hiring a professional property management company to handle other tasks. This allows the HOA to save money while still getting the benefits of professional management.

Now that you know the different types of HOA management services, you can start to decide which one is right for your community. If you have any questions or need help making this decision, please contact us! We would be happy to assist you. Thanks for reading!

What type of HOA management services does your community use? Let us know in the comments

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