Trust Thyself – To Thine Own Management Company Be True
At first glance, property management seems forthright — a team is put together to run the day-to-day operations of a property and make sure the numbers run efficiently. However, there exists a complex relationship between homeowners and property managers, between property managers and association board members and owners, and between these groups the long list of vendors and service providers within the communities. It takes a professional team to make sure everything goes smoothly.
Boards enlist a property management team selected in-house or hire a property management company. Studies prove board members who choose honest, reliable, dependable people to fill this role get honesty, reliability, and dependability. Property Managers who hire honest, reliable and compliant landscapers, roofing and plumbing contractors, and maintenance crews know things will get done with a little to no hassle.
Any number of things may go wrong when the wrong people are put into these roles.
There are all sorts of horror stories out there about property managers verbally abusing residents, maintenance staff stealing from residents, vehicles being damaged—the list goes on and on. Recently, in Los Angeles, California, a management company that hired a rain gutter company with no license or worker’s compensation coverage which cost them and the association $6 million each after an injured worker got electrocuted when he removed part of a rain gutter and connected to a high power line.
Asset Protection Vendor Compliance Program™
Asset Protection Vendor Compliance automates the management and review of Vendor & Service Provider insurance. Association Services Network (ASN) is the only compliance company that specializes in Association Management Vendor Compliance. ASN allows the tracking and managing certificates of insurance (COI) for all vendors who work at your company’s associations to be fast and reliable.
The ASN Asset Protection Vendor Compliance Program™ provides a paperless, real time, Vendor Directory including key contact information and status of compliance. The directory is accessible by your management team real-time, online, 24 hours a day.
Association Services Network is a best-of-class, easy-to-use, Asset Protection Vendor Compliance Program solution for apartments, condos, and associations. ASN provides the easiest Vendor Directory and integration capability to management software available to property managers, leasing agents, boards of directors, and back-office personnel. Quickly and easily access to whatever you need, whenever you need it. Act on the documents and vendor information at your fingertips.AT ABSOLUTELY NO COST TO YOU! Contact us today! Asn4hoa.com/cacm or 949-300-3702