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What Does A Property Management Company Do For My Association?
The Sentry Office in Indianapolis welcomes our new District Manger, Todd Whitlock. Todd has been with Sentry Management, Inc for 6+ years and comes to us from the Clermont, Florida office. Please join me in welcoming Todd to Indianapolis.
I am reprinting information from a letter that Todd Whitlock has written (with his permission) that provides some further explanation as to what a property management company does for homeowner associations.
Often I am asked, "What does a property management company do for my association?" and "Why do we need a property management company?"
Strangely enough, let me start by stating what Sentry Management, Inc does not do. Sentry does not "run the show." Your homeowners association is a corporation, a business entity. The Board of Directors as per its governing documents and state law manages the affairs of the business. The Board hires vendors and signs contract, approves the budget, approves collections and covenant enforcement systems, prioritizes projects and all the 'day to day' decisions needed regarding the operation of the association. What Sentry Management, Inc. doesdo is provide the Board with full service administrative and accounting support and guidance and advice based on our 30+ years of managing community associations.
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