RE: Homeowners Association Property Management Groups like Associa! Should you BEWARE? You decide! Here's what is known and in some cases Hidden!
Archived info and evidence archived from a small town HOA trying to hire Associa even after being told of the roots of the CEO, Founder and Chairman along with evidence of arrested son who worked for an Executive of Associa for years prior to arrest of him and his wife.
Hey folks - here's the minutes from the last HOA board meeting. As of 6/20, the projected TOTAL annual dues associated with an outside management firm was $250.
Bruce also added some context in his email reply for me, which is pasted below. To be clear, Tracy has been doing great work for us, and she deserves to retire from the responsibilities of trreasurer ❤. I'm not sharing this as a critique of her at ALL.
"The discussion about hiring a management firm to do what we couldn't get neighbors to volunteer to do has been ongoing for all of this calendar year. For background, Tracy Nestander announced following the annual meeting in 2022 that she wanted to retire from the officer position as Treasurer. She offered to stay on for a few months while we could recruit and transition a new officer into that role. Our recruiting and notices have failed, No neighbors want to do the role of the Treasurer. Tracy has been more than a saint to keep us going into 2024. We need to be fair to Tracy.
The treasurer role is not an optional role. There are legal, tax and fiduciary requirements in our covenants. We have been interviewing management firms and have met with 3. Our best option on cost / benefits is Associa which I hope you will get to see first hand at the meeting on Monday."
The president made it clear she and others wanted better enforcement and follow through. In the past homeowners have said some rules are enforced and others are not. There were a few people asking after the meeting who all were even complaining about enforcement because some of us said none of us in our areas nor the people directly around us were concerned.
That's interesting that it's in the paperwork from Associa's estimate and people talking after the 2nd meeting were still talking about the $250 estimate and also the fact that could very well go up from there. Wondering why there were so many talking about that number? An increase hike makes sense though as Associa is a unicorn [privately owned co. worth 1 billon] and can only operate
The estimate was mentioned at the July meeting we were all at.
Many took notes and some questioned the negative reviews of the chosen management company.
As seen in my post, it does not say the Board gave the estimate.
[The claim that I stated otherwise is incorrect]
As we were told in the meeting $250 as the number that came from Associa, the company the board wishes to proceed with.
This is a fact, as when some homeowners mentioned searching smaller, local based companies, we were all told the President and the board wanted Associa.
I do know after the August meeting we all also attended, many were still discussing the higher price tag that was originally suggested.