About thirty years ago a new industry "emerged" or, should I say, "was forced" upon the real estate world. It became a management style that seemed to be like property management but was, in reality, property management by group.
Real estate developers began to see the value of building homes linked together in various ways but would share ammenities such as landscaping, parks, pools and such. While not entirely and new idea, (Condos date back to ancient Rome), these communities defined a different group of homeowners. They were "stuck" together as "managers" of their own community. They were linked as one because they shared "common use" property. They were owners of a common interest development. Today,universally recongnized as a community association.
In the United States there are tens of thousands of assocations. They are as small as three homes or as large as full cities. They all have one thing in common. They are "management by ownership". And they have little experience in doing the job.
Where there’s a need, there’s an opportunity and a new industry evolved. Community association management from association and property management companies. Today, there are hundreds of thousand of associations and tens of thousand of management comnpanies.
This page is maintained for the owners of these companies. Here, they can exchange ideas and participate in the development of opportunities.
Jim Manning