Cost Analysis
By now you probably know that Community Association Management is different than other management companies in our approach to service. So the next logical question, how do we compare on cost? We’re glad you asked.
Unlike our competitors, we do not inflate our invoices with additional monthly fees. We believe this type of compensation breeds mistrust between the board and the management company. Quite frankly, we don’t know anyone who enjoys surprises on their monthly invoices.
Below is a chart that pretty clearly shows the difference between our compensation model and the more ‘traditional’ compensation model employed by most of our competitors.
Services bundled into one low monthly management fee |
NO |
|
Charges ½ of late fees |
$0 |
|
Charges ½ of violation fines |
$0 |
|
Charges for Record Storage |
$0 |
($240.00 or more per year) |
Charges for Architectural reviews |
$0 |
($25.00 ea) |
Charges for Websites |
$0 |
($50 -100 per month) |
Charges to monitor payment plans |
$0 |
($75.00 per month) |
Adds 10% to cost of general work orders |
$0 |
|
Charges for faxes |
$0 |
|
Charges for internal copies |
$0 |
|
Charges for Deposit slips |
$0 |
|
Charges for Mileage |
$0 |
|
Charges for miscellaneous internal office supplies |
$0 |
|
Bank Charges (NSF Fees, account analysis fees, etc) |
$0 |
|
Payment Processing Fees charged to the Association (Credit Card, ACH, eCheck) |
$0 |
|
Charges for Board Meetings |
($50.00 per hour over included number of meetings) |
(over 2 hours $300.00) |
Yearly Price increases |
(tied to US Government Consumer price index for previous 12 months) |
(Sky is the Limit |
Get a Quote Now or give us a call today and we’ll happily give you a free consultation. We’re here when you’re ready… 888-565-1226