Why Choose Us?
First Class HOA Service
Salem Property management takes pride in providing one-on-one customer service, working closely with the Board of Directors. Our staff are hands on, proactive managers, providing first class performance with limited additional costs beyond the negotiated monthly contract pricing.
- Individual Homeowner Customer Service
- Coordinate and/or facilitate Association meetings
- Maintenance and Violation inspections
- Soliciting vendor bids
- Repair Contracting
- Monitoring vendor performance
Smooth Transition to Management
We understand the difficulties that board members face when changing management. From Association documents to funds, Salem Property Management facilitates the transition to get you set up quickly and smoothly. Part of this process includes sending out an introductory Welcome Packet to all of the homeowners in the Association to inform them of the change in management. we have found that this leads to a smoother transition as we keep your homeowners informed.
Communication Leads to Confidence
Proper communication is the key to running an association well. By providing the HOA board with insight into financial details on a monthly basis and handling oversight of community issues you can return to living IN the community, not FOR the community.
Bookkeeping and Accounting
One of the most vital aspects of our service is to maintain accounts and collect member dues including:
- Manage monthly receipts and payables
- Monthly financial reporting
- Manage delinquent accounts
- Banking and Reconciliations
- Participate in annual financial audit
- Participate in development of annual budgets
- Initiate customer correspondence as directed by the Board
- Customer record management
- Filing Association taxes
We look forward to working with you and your association. To learn more about the benefits for your Homeowners Association or Condo Owners Association. Contact us today.
The value of good management VS. cost of poor management
Consider an average market value in a neighborhood of 100 homes to be $400,000. The collective value of the homes is $40 million. If well managed and maintained, the property values increased 5% instead of just 4% annually, the incremental appreciation for the neighborhood would be $400,000. Conversely, poor management and maintenance could deprive the homeowners of this advantage. Let Salem Property Management help your neighborhood maximize in value.