ROLE OF A HOMEOWNERS ASSOCIATION
Your homeowner association is governed by a Board of Directors, who are homeowners who have chosen to volunteer to serve your community. They are responsible for the community’s operations and overseeing the common areas. In addition, the Board creates the covenants, conditions, and restrictions for the community. These rules are put in place to maintain curb appeal, quality of life, and property value.
What Does a HOA Management Company Do?
How can a property management company benefit your HOA? When you hire Echo Property Management to assist with the organization of your Gallatin Valley area homeowner association, here are the types of services you can benefit from:
Meeting management: We can develop an administrative calendar for your HOA, guide you as you set policies for your community, prepare, and submit management reports to the board as requested, and much more.
Governance and legal issues management: We can maintain HOA files, answer resident inquiries, and conduct resale inspections.
Financial controls management: We can help you prepare your budget, develop an expense and reserve projection, educate the board of its financial responsibilities, and more.
Risk and insurance management: We can recommend professional risk management and insurance professionals as needed, and assist board members in implementing risk management and safety programs.
Property maintenance management: We can send in work order requests to maintenance contractors, negotiate service contracts, and gather information about HOA-provided services.
Contracting management: We can help you team up with qualified contractors, maintain vendors on site, negotiate service contracts, plus more.
Human resources management: We can assist the board in developing job descriptions for HOA staff, hire and fire HOA staff, and supervise employees.
How we help?
We recognize that all HOAs are a little different, so we allow you to tailor our services to meet your needs. Decide what happens automatically, what must wait for a request, and what to leave out altogether.
Looking to ease the burden of day-to-day operations for your HOA? Give us a call and let's meet to learn how we can help with homeowner association management services in Bozeman, Belgrade, and beyond.