MicroHOA provides financial management for HOAs with under 50 members.

Small HOAs have only had a choice between high cost full service management…or DIY-winging-it, with only Google searches to answer critical questions!  Now there’s an option that makes more sense for small communities.  

Hybrid. It’s a new concept for HOA management.

It’s the solution that provides responsive management, supportive resources, and low costs for HOAs.

With hybrid management, you stay in control of what’s happening in your community.  And you save so much---including time, money, uncertainty, and liability of running a small business.

Hybrid management takes tasks and pressure off the board volunteers.  We take care of financial management, communication, record keeping, administration, ownership transfer reporting, and more, while the board and community handle other community issues that need attention.

How it works

MicroHOA takes all of the business management off your back.   We manage the HOA finances, protect you from common mistakes, pitfalls, and exposure; we connect you to the powerful resources that help communities run easily and better.

The board manages issues on the ground, where you live everyday.   The board knows the community, and makes better choices about how the community runs, and are better able to respond to owner/neighbor questions.

How it helps the HOA

Compliance: Takes month-in month-out financial and compliance pressure off the volunteer board and frees them to address other community issues that need attention. Keeps you up to date on changing laws and opportunities for your small HOA.

Coaching:  Support from an experienced, professional organization that understands what small HOAs---and their volunteer boards---need to know.  Training, advice, and resources.

Communication and continuity: Gives access and transparency to owner accounts, financial reports, and community records, and provides long term record keeping.

How it helps boards

Everyone in your small HOA will have more and easier access and transparency to owner accounts, financial reports, and community records.  A customized community portal (that you don’t have to host or maintain!) will make it so much easier to access information, make payments, and communicate.

Plus no more ‘feeling around in the dark for a light switch’ when you have a question or problem. Resources, guidance, and experience, for continuity, communication, compliance, and coaching.  And access to strong HOA service providers like CIT Bank, HomeWise Docs, and Axela---just as larger associations do---that give small HOAs powerful tools.

Hybrid management is not a magic wand. There’s still some HOA work to do.  But even with full service management, boards have responsibilities.  With the assistance of MicroHOA, volunteer board members can take care of community matters and not feel like their board service is a full time job.

Hybrid management is a great fit for small associations that want to take the pressure off and be better protected.  For more information on how hybrid management works, reach out to info@microhoa.com.

More below on self-management software and volunteer board challenges.

HOA management software: Tools don’t do the job

Lots of small HOAs turn to self-management software for help. Software or online software can be a big help, but it’s only a tool. It doesn’t work by itself!

Any tool has to be used…routinely and correctly…by the person using it. In a small HOA, that’s the volunteer board members. Board members still have to schedule time for accounting, bill payment, collections, reporting, sale certifications, and more. Someone has to be responsible for the work and the results. Someone has to learn the system and troubleshoot when there’s a problem.

MicroHOA takes that pressure off the volunteer board. You have other responsibilities. Leave the finances and the headaches to us.

 

I volunteered for this?

Volunteer board members who step up to take on necessary management for their HOA give the community a lot of time and energy. It can be a demanding role—the owners look to you for advice and problem solving on many community issues, in addition to the responsibility of the community’s financial business. But it can be easier with help.

A third party professional manager takes the day-to-day tasks and responsibilities of:

  • Dues billing and collection from your neighbors

  • Financial reporting and bookkeeping

  • Certification for refinancing or selling property

  • Records management for continuity

  • Easy online payment and account access

It takes the financial and legal pressure off the volunteer board and frees them to address other community issues that need attention.

Interested in learning more about our dedicated online platform for your community? We’d be happy to show you around, virtually!

Small Talk: Small HOA resources and information