b'WHAT TO EXPECT FROM AN HOA MANAGEMENT COMPANYAdvisory ServicesThough HOA management companies refer the board to the associations attorney for legal advice, managers can provide guidance on most other matters, including:Ongoing Maintenance reserve allocationThe management company provides acurrent trends in amenities boots-on-the-ground presence onvendor comparison behalf of the board. They conduct monthly inspections of the property toplanning for capital improvements make sure common areas are in goodcommunity-building activities working order and members are abiding by the associations rules and regulations.developing the communitys long-term strategic plan They also handle the day-to-day communications and coordination with Over time, most boards learn to trustvendors, both for standard maintenance their management companys expertise,contracts and special one-off projects.thus increasing the efficiency ofAs a time-saving measure, many operations overall.boards pre-authorize their manager to oversee certain low-expenditure projects on their behalf, in place of requiring approval from the board every small task. They authorize the management company to handle minor items, such as repairing broken sprinkler heads, replacing lighting or overseeing simple plumbing repairs in common spaces.The management company can provide a real-time balance sheet of expenses at board meetings and/or upon specific request from the board. Not all associations choose to grant this responsibility to their community managerlike all things, its up to the9discretion of each board of directors.www.yourhoahelp.com'