Running an association on top of your other personal responsibilities and roles is no easy feat. Unless you incorporate effective strategies and take advantage of efficient means, overseeing your administrative tasks can be pretty challenging. Good thing, there is just a digital solution to help you with that. Equip yourself with the best HOA software and run your association smoothly.
12+ HOA Software
1. AppFolio Property Manager
5. CINC Systems
7. HOA Express
8. TOPS [ONE]
9. Yardi Voyager
10. Condo Control
11. Condo Manager
What Is HOA Software?
HOA (Homeowners’ Association) software is a program that helps the officials as well as the members of HOA in their activities and operations. It offers digital tools that let its users generate and set up their website or platform. This system will serve as a centralized platform that allows HOA members to connect better. In addition, it integrates essential association updates in a single location.
Also, it provides a database that helps you with records management. It stores essential electronic records and documents involved in your association. Another functionality of this software is it has payment processing gateways for HOA fees and maintenance dues.
Taking advantage of this digital solution will save you plenty of time and effort in managing your association. Also, it helps in avoiding possible issues and conflicts within the community because it promotes transparency. In addition, it automates data analytics collection and reports curation to make your data more accurate and digestible.
Since you are already here, you might as well practice your decision-making skills. Aim to choose the best software that gives your association the most advantage. When you look up available HOA software on the market, you might get intimidated by the long list of options you have. One helpful tip to filter your choices is to analyze your management needs. Go for the software packages that can fill in those gaps. The following are features that you should consider before making your decision:
- Responsive member portal
- Communication platforms
- Survey software properties
- Event management tools
- Financial management capabilities
- Expense tracking tools
- Property management software integration
- Analytics platform and reporting features
- Third-party applications integration
Top 10 HOA Software
1. Yardi Voyager
This software has capabilities for late fee calculation as well as billing and invoicing methods. They employed 6,000 people in their team and have 1 billion dollars in revenue.
2. AppFolio Property Manager
This digital solution provides its users with CRM software and contact management tools. They have 916 employees and have 316.5 million dollars in generated annual revenue.
Buildium has an integrated accounting software and operative lease management controls. They have 235 people in their team and have generated revenue of 34.1 million dollars.
Calendar management capabilities and a member directory are some features that you can utilize in this software. They employed 120 people and have generated annual revenue of 23 million dollars.
This digital solution allows its users to access election management and maintenance management functionalities. They have 120 people working for them and have 17.4 million dollars in generated revenue.
This software allows its users to access agenda management and video conferencing capabilities. They have 8 million dollars in annual revenue and have 55 employees.
7. Wild Apricot
Election management and fundraising management tools are examples of functionalities you can use in Wild Apricot. They have generated annual revenue of 3.2 million dollars and employed 22 people.
8. Condo Control
Condo control is an HOA and condominium management solution that has committee management and rent tracking capabilities. They have 3.2 million dollars in annual revenue and have 22 employees.
9. HOA Express
This HOA management solution provides its users with document management and website management properties. They have nine employees in their team and have 1 million dollars in generated revenue.
When you utilize this software, you can take advantage of commercial property management and insurance management tools. Also, it offers capabilities for financial management and dues management.
What is an HOA?
Homeowners’ associations are a group of people that came together with the common interest of keeping the community clean and peaceful. If you become a part of this structure, you will have certain obligations. That said, you will have to pay HOA dues and fees. As well as adhere to rules and policies.
Where do HOA fees go?
HOA fees are particular amounts that residents who belong to HOA need to pay monthly. The HOA officers will allocate this money for the maintenance and repairs of properties within the community. These amenities include the swimming pool, parking area, patio, playground, lobbies, courts, clubhouse, and parks. For condominiums, these fees also cover maintenance for elevators. Failing to pay this amount can lead to consequences.
What do HOA managers do?
HOA managers are responsible for several things. This position entails overseeing budget management and expense tracking. Also, their duties include contract management as well as generating essential documents and paperwork. Ensuring effective internal communications and keeping the residents on the same page also belong in the list of responsibilities of an HOA manager.
Managing a group of people while simultaneously ensuring the facilities in your neighborhood stays operative is a stressful task. After a lengthy period, this responsibility can take a toll on you. To avoid that from happening, secure your members’ cooperation and establish your relationship with them by taking advantage of appropriate digital solutions. Keep your community happier and more cohesive with the best HOA software.
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