Monthly Archives: July 2021

5 Ways HOA Management Improves Community Property Value

HOA property management teams bring a lot to the table as far as assistance goes with general community services and guiding a Board in making sound decisions.

While HOA management services offer direct improvements to a community, there are several ways our efforts can help improve property value in the long term.

Here’s a closer look at how Goodwin & Company can improve your association from the inside out.

Quality Vendor Services

An association is only as good as the vendors that maintain its grounds and complete important projects. Your vendors make your property look beautiful and provide improvements that should lead to the increased property value as time goes on.

With a qualified association management team on your side, you have access to the best vendors in your area. Over the years, Goodwin & Company has formed lasting relationships with vendors that continuously produce quality work that impacts the long-term effects of our efforts for an HOA community.

We Make Your Neighborhood a Desirable Destination

When you combine quality vendor management with the leadership education and assistance that comes with a management team, you have a community that is excited about living within an association that cares about its owners.

A desirable neighborhood not only improves tenant retention with owners that already keep up their properties and follow the rules, but it also opens the doors for even more potential owners to join the fold.

All of these community members along with the combined efforts of your management team and Board will help to increase the value of your association’s property.

Rules and Regulations Enforcement

Sure, HOA rules and regulations can seem like a hampering shadow over an owner’s freedom. But the truth is that regulations are in place to prevent major incidents and to increase the property value of an association.

Your HOA management team works hard to ensure that owners comply with your community’s CC&Rs. From the length of a home’s lawn to the uniformity of its exterior paint, and even where owners can park their cars, our stringent rules and enforcement practices all help create a harmonious community that doesn’t lose its value with a few bad apples.

Timely Dues Collections

Dues collections as well as collecting on delinquent accounts directly influence the property value of your association. Without ample funds in the budget, much of which come from dues, your community will have a hard time getting itself off of the ground.

Let the experts of Goodwin & Company put our financial services and excellent communication skills to work for the betterment of your association. We help keep the dues you’re owed paid and ensure those who refuse to pay to go through the proper collections processes.

Emergency Services

Sometimes emergencies happen in your community that put your property value at risk. A reliable HOA management team will ensure a swift response and resolution that preserves the integrity of your association as much as possible.

Increase Your Property Value With Quality Services From Goodwin & Company

If you want to ensure your association retains and grows in value over time, make sure to work with a property management team that understands value growth.

Goodwin & Company is a firm that’s committed the last 30-years of our existence to perfect the properties that we help lead. Give your association the quality services it deserves.

5 Reasons You Need a Condo Management Company

Many people across Texas enjoy living the condo lifestyle. However, leadership styles range, and those with only a volunteer board on their side may require a little extra help for success.

If your association is feeling a little stale and needs some rejuvenation in its system, here are five reasons why your board should hire a COA management company to bring organization to your community.

Less Stress for Volunteer Board Members

Your COA’s Board of Directors is made up of elected volunteers with everyday lives and responsibilities. Between collecting dues, following up with community complaints, and trying to be a positive face amongst fellow condo owners, the job can be stressful.

COA management can easily come in and help with the behind-the-scenes responsibilities and make being a board member volunteer a more enjoyable and productive experience.

Trust us to help you with essential tasks like:

Delinquent dues collection
Legal assistance
Vendor management
Project management, and more, which we’ll discuss below!

Strong Regulation Enforcement

The rules and regulations of any condo community are in place to keep the community comfortable, happy, and safe. When an owner or one of their guests violates any CC&Rs, your management team can quickly start the enforcement process.

We approach every situation with consistency and will serve as an independent third party during times of community conflict. Our impartial position prioritizes your owners’ needs to quickly resolve HOA rule violations or any neighborly conflicts.

Management Teams Improve Annual Budgets

While most budgets in a COA tend to stick to what worked in the past, many don’t try to push their association towards a brighter future.

COA management brings professional financial experience to your organization and can help create a budget that allows your association to meet its current goals and prepare itself to meet goals that it has in its sights for the future.

Service Beyond the Status Quo

A professional management team can help shake up the status quo of your COA. Our goal is to improve your community and increase the value of ownership to its members. From landscaping improvements to increased community awareness of CC&Rs, our team is prepared to go above and beyond to make your COA a pillar of its industry.

Management Companies Come with Essential Connections

When you hire a management team to help with your COA, you’re bringing on a team with valuable connections that promote direct improvement for your community.

At Goodwin & Company, we take pride in the professional relationships we’ve cultivated over the years. Working with us brings the following value to your association management:

Legal professionals
Qualified vendors
Financial experts

When situations arise that require expertise that goes beyond the average board and our management team, trust us to bring in qualified field professionals that solve problems and improve operations.

Keep Your Condominium Association On Top with Goodwin & Company

If your COA is ready for a positive change of pace, the management experts at Goodwin & Company are ready to help! We have decades of experience in the management field and have successfully improved COAs and HOAs across the Dallas-Fort Worth area.

Join our family today! Contact us to learn more about our services.

Does Your HOA Website Have All of the Essential Features?

An association’s website must be versatile in order to push a community to the front lines of successful HOAs.

Your HOA website is literally a window that shows prospective owners a glimpse of the beauty and structure that a private community has to offer. It is also a way for current owners and board members to effectively communicate and easily accomplish basic association tasks like agenda planning and dues collection.

Many association management teams are having communities around the nation implement technology into their journey towards progress. Most technological shifts start with a successful association website. Does yours have the essential elements of a winning experience?

Find out by exploring our checklist of essential features that every association should implement on their site.

Mobile-Friendly

Let’s face facts, everyone operates from their phones these days. So, if your site isn’t optimized for mobile accessibility, it won’t appear well on all devices and will be a point of frustration for potential and current residents who rely on your website as a point of relevant information.

However, failing to make your site mobile friendly kills its user friendliness and makes your association appear unprofessional and behind on the times.

Online Portal

An online portal is the one thing your association absolutely needs on its website. Your site should be a source that makes life easier for owners and board members alike.

A community portal grants members easy, secured access to:

Online payment options
Their account information
Board member and management associates
Rules and regulations of the community, and more!

Community Calendar

Your association’s community calendar is necessary for keeping all of you community members informed on important events like:

Upcoming meetings
Block Parties or other community events
Details on clubhouse bookings/unavailability
Community center hours, and more!

Access to Community Documents

Although your board and community management team are an excellent resource for community rules and regulations, sometimes owners just want to study your CC&Rs on their own time.

As part of the push for transparency, make sure all public documents specific to your community are available to view or download.

This is helpful for new owners who want to abide by the rules of your association, or for those who want to find document specific talking points for the next board meeting.

Online Reservations

If you live in a large association where community space can be difficult to reserve, implement online reservations to lighten the load on your board members and make organization easy.

Whether it’s reserving a day at the pool or renting out the community center for a birthday party, we know that online reservations are a simple and effective way for your community members to stake their claim on coveted shared buildings.

Update Your Online Presence with the Help of Goodwin & Company

If you’re ready to bring your HOA up-to-date, make sure your first moves for improvement are a brand new website.

Although the task may seem daunting, the management team of Goodwin & Company has the technical savvy to help you create an enticing and user-friendly website.

Contact us today to learn more about becoming a partner with our management team and the many benefits we provide to the communities we serve.