At first, it’s seemingly a frustrating cost. Then, as tenants get used to their situation with their association management company, all starts to become clear.
More and more neighborhoods are starting to tap into association management companies and in truth, it’s for very good reason. One only has to view the reputation of the likes of Ammcor to realize that these are surging in popularity, with tenants now realizing that the benefits completely outweigh the costs.
To highlight what benefits a tenant can reap from such a company, we have put together the follow post.
Maintenance is no longer an issue
One of the big problems with these bustling neighborhoods that are being created is that nobody quite knows who maintains the communal areas. Should it be the landlords? The tenants? Or somebody else? There’s a huge degree of confusion and this often results in the areas being neglected.
Everyone knows the broken windows effect and the result this can have on a neighborhood, and grounds in disrepair just adds to this theory. Once one thing is allowed to slip, the rest will follow. An association management company will ensure such problems don’t occur.
Will respond to needs of the association
As anyone who has lived in a neighborhood will testify, complaints do start to arise. In other words, the basic amenities that were initially provided are no longer sufficient, and tenants tend to need more.
This is where an association management company enters the picture. They are there to act as an ear for the tenants, and make decisions based on what is needed in the neighborhood. This can be one of the most rewarding parts of the fees paid by landlords and tenants who are part of the association.
Can mediate disputes between owners
Hopefully, you aren’t going to fall into this boat, but there are some neighborhoods which are more privy to disputes than others.
At times it might be as simple as a dog barking too much, while at others it might something more serious. A combination of a mediation facility as well as the strict rules and requirements that households need to subscribe to, means that disputes are often resolved very quickly.
Has a go-to list of services
This follows a similar vein of thought to the second point we talked about. There will be occasions where something goes wrong with a property on one of these neighborhoods, and this is where a professional is usually needed to resolve the issue. It might be related to the plumbing, security or any other area of the property.
It’s at times like this where a quick, go-to list of professionals is so helpful. The days of householders trawling through the directories looking for someone suitable tend to be long gone. Instead, the association management company will have a list of vendors that they can rely on. Not only this, but contracts are usually drawn up which means that these contractors will respond to any problems as a matter of urgency – meaning that the wait for fixes is short.