At Accord Property Management, we manage all types of HOA associations. Our portfolio includes both new and existing Homeowners Associations that range from large, single-family home Master-Planned Communities to smaller, custom condominiums - and everything in between. We believe that responsible HOA management of an Association for the homeowners is a pivotal role best filled by professionals. And since we’ve been doing this for many years, we’ve become very good at it. A well-run and well-organized Homeowners’ Association can enhance the quality of life in the community and contribute to pride of ownership and stable property values.

We understand we’re in the “Customer Service” business. We constantly strive to exceed your expectations and help you meet your community objectives. Communities count on Accord Property Management to work in their best interest, be the most knowledgeable and provide the best service in the industry. Experienced Administrative Staff, dedicated Property Accountants (led by a CPA) and qualified Association Managers give you the tools to make decisions that will get your community the best results.

We also understand that each community is unique — after all, we’re homeowners and neighbors, too. We have the experience and knowledge needed to identify the key issues that your community must face and that help craft the strategies that will create flexible solutions.

Accord Property Management offers a full range of services including Community Management, in-house Accounting and Rental. Our all-inclusive management contract allows you to know what you’re getting up front and how much it is going to cost with no hidden fees. Our team works closely with the Association’s Board of Directors by running well-organized, efficient meetings, generating comprehensive, easy to read financial and management reports and providing competent support based on our combined knowledge and experience. Our approach is founded on communication, education and accountability. We’re in this for the long haul so we focus on building relationships and keeping them strong. As leaders in our industry, we’re looking forward to the opportunity to help you make your community a better place to live.

Financial Services

Maintaining complete, accurate, and timely association financials is a cornerstone of our firm. We produce all the necessary financial information your association will need to make sound management decisions.

Assessment Billing Services:

• Monthly, quarterly, annual billing statements or monthly dues coupons distributed at the beginning of each fiscal year
• Assessments mailed to our local office for immediate deposit in the Association's bank account
• On line assessment payment by credit card or bank draft
• Late notices as determined by the Association's published Policy on Collection of Assessments
• Respond to account inquiries from homeowners
• When necessary, coordination of lien and foreclosure procedures with an independent collection agency

Monthly Financial Reports including:

• Balance Sheet
• Reconciliation of bank statements
• Budget variance reports
• Income and expense detail by account number
• Accounts receivables detail with age analysis
• General ledger
• Check register

Review invoices and prepare checks for signature

Assist in preparation of an annual operating budget and distribution of annual disclosure package.

Cooperate with the CPA chosen by the Board in the production of the annual review or audit and preparation of the Association's tax returns.

Maturing Developments. As many developments are learning, maintenance costs soar with aging structures. Cash reserve provisions and annual maintenance budgets often prove to be inadequate. It is best to begin planning for such an eventuality now. But if a large infusion of cash is needed to address major repairs, there are alternatives to special assessments. Accord works with a number of financial institutions willing to loan for projects large and small.

Developer Transition. A well planned transition from developer to homeowner control of an association is too often overlooked to the later regret of both the developer and the homeowners. Balancing the developer's immediate marketing needs with the community's longer term needs is not always easy. If done well at the beginning, there are fewer problems down the road. Accord has a keen awareness of the sensitive dynamics of this phase of a development.

Construction Defects. We have assisted several associations in the identification of construction defects and in the successful preparation, prosecution, and settlement of major construction deficiency litigation. During this process, special efforts have to be made to support homeowners in preserving the marketability of their homes. We have successfully completed a smooth reconstruction of those properties.

If you need help with your property, consider Aurora's HOA (Homeowners Association) management firms. An experienced property manager can help to reduce expenses and assist with the day-to-day tasks associated with managing an HOA. With more than a decade of experience between us, we have the knowledge and expertise to properly handle all aspects of HOA management on your behalf. Contact us today!