In addition to traditional vacation rentals and annual rentals, Island Realty manages a diverse portfolio of homeowner associations or HOAs.
It can be time consuming for HOA members to inspect properties, enforce policies, and handle legal issues themselves. Many self-managing associations also find it difficult to enforce rules without compromising a sense of community among neighbors. After all, who really wants to seem like they don't love their neighbors? Our property managers remedy these issues by providing professional, impartial management and extensive industry knowledge.
We are proud of our work with homeowner associations of all sizes and types in the greater Charleston area, including traditional HOAs and fractional ownership properties. Our property managers and association managers are always striving to better themselves professionally to better serve their owners. Our team provides financial, organizational, maintenance, and sales assistance while acting in the best interest of the association.
If you are a member of an HOA or community association and are considering bringing in an outside team to manage your group, take a look at just some of the work Island Realty can do for you:
- Maintaining a current contact list of homeowners
- Routine maintenance and property monitoring, ensuring that property value is maintained
- Explanation of short-term rental trends, regulations, and best practices
- Vendor contracting and filing of vendor information for future reference
- Assistance with budget preparation, annual insurance renewals, and board financial management
- Processing of accounts payable and receivable, along with assistance with delinquent account collections
- Scheduling and attendance of all board/committee meetings
- Association meeting management and communication, including newsletters, mail drops, agendas, and signage
- Providing property sales information to closing attorneys and title companies
- Professional, timely, and accurate accounting services, including monthly financial statements to the board or committee
- Monitoring of relevant laws, trends, and insurance information
- Processing of architectural reviews and performance of weekly property inspections
- Development of association website and content management
Seem like a long list? It is. Island Realty is big enough to market and succeed like the 'big guys', but small enough to be flexible. We customize all management agreements directly to the association in question; we pride ourselves on our ability to work with owners' needs and requirements.
We also know how crucial timely communication is in the world of property management. After all, what bigger investment do you have than the home you live in? We quickly and efficiently communicate with all owners on maintenance and repair issues, as well as any pertinent decision involving your association.
With nearly forty years of experience managing properties in the Charleston area, we still have an A+ BBB rating. That's no accident!
If you're interested in learning more about what Island Realty can do for your HOA, fractional home ownership, or community association, we encourage you to reach out to Island Realty's association manager, Brenda Manigault. Give her a call at (843) 242-1088 or send an email! She could make life much easier for you and your neighbors!