How to Find the Best Vendors for Your HOA
When hiring vendors for your property, you want a company you can trust. But, how do you find the perfect one in the sea of search results on Google? Working with an HOA management company like EZR can help connect your community with the most qualified and most cost-efficient professionals for the job. We know how complicated it can be to find reliable, worthy vendors, and we have our formula for finding the right ones. By following these tips, you will be able to hire the most well-suited vendors for your community.
Identify Your Needs
You will need to determine what is necessary for your community. Needs will vary depending on the size and location of your HOA, along with other factors. More common community needs include landscaping, collections/legal, security, plumbing, electrical and financial management. Remember – the better condition your community is kept in, the higher the property value.
Weigh Your Options
The next step to finding the right vendor is to be aware of your community’s budget. Once you have allocated the funds, it’s time to interview prospective vendors. You can never have too many interviews or quotes! Gather quotes from a few different vendors to see what the best investment is for your community. One vendor may offer more services or run specials. Another may offer discounts or have bulk pricing. Comparing the differences will help you make a decision for your community. Keep in mind that there’s a balance between vendors who offer a low price and those who offer high-quality services.
Do Your Research
Once you have narrowed down your options, do some digging into the vendors’ backgrounds. Ask for proof of insurance, licensing and references. If you are selecting a quality vendor, they will have no problem providing these items. Check out reviews online; ask around your town for recommendations; and ask each vendor for references. That way, you can gain feedback from other communities they have serviced to get an idea of their work ethic and qualifications.
If you need assistance finding or vetting the right vendor, EZR can help. We have a list of our most trusted vendors in the Memphis, Northern Mississippi and Eastern Arkansas communities. Contact us today for more information on how we can help your HOA.