If you live in a rental community or condominium, you’ve likely come across a community association manager or property management team. Or perhaps you’re investing in rental real estate or upgrading your home and looking to have your old house managed as a rental. While the two terms may seem the same at first glance, each serves a unique purpose. It’s important to recognize these to ensure you reach out to the right person for their services. Below, you’ll find a complete breakdown of their responsibilities and how they can help you.

Comparing Community Association Managers & Property Management

Community Manager

The community manager is responsible for dealing with the community. This includes larger rental communities, townhomes, and apartment and condominium buildings. They’ll work directly with the building’s board of directors to ensure that common areas are properly cared for, landscaping is managed, and that the property is sufficiently staffed. They may prepare an annual budget that each property owner has to contribute to and design an infrastructure to ensure tenants and owners have all the resources and services in place to enjoy a comfortable setting and support. They’re there to support the big picture and organize solutions based on the community’s needs.

Property Management

A property management team works directly with owners or tenants. They focus specifically on individual units rather than the entire community, ensuring occupants have assistance with repairs or upkeep as needed. They’re also responsible for drawing prospective tenants in and handling all leasing or signing requirements. They’ll work on tenant retention when a lease ends and handle any inspections and repairs to prepare the unit for a new tenant if necessary. Third-party property management will work closely with property owners rather than a board of directors to ensure that day-to-day and long-term goals are met.

Hara Community 1st Advisors of Longwood, FL, is committed to ensuring property owners have reliable community association and association management services. They’ll fully support your condominium and homeowners associations in the Tri-County area.Visit their website for a full breakdown of their services. To schedule a consultation with their staff, call (407) 628-1086 today.