Welcome to the February HMC newsletter! We would like to thank you for your continued support of HMC and it's newsletter communications. You are the heart of the company, and we appreciate your time and feedback. Please check out the exciting news happening here at HMC! |
Business Merger Announcement
Concord, California (January 20, 2021) - Homeowners Management Services, LLC (HMC) and Next Step Community Management, LLC, both leading providers in full-service community association management firms, today announced a definitive merger agreement that will result in greater efficiencies and significantly increase their Northern California market shares.
The new company will continue to deliver tailored financial, administrative, and operational management solutions to common interest developments and homeowners associations and will allow Next Step Community Management to use HMC's existing infrastructure and brand recognition to leverage and provide streamlined efficiencies and a higher-level client satisfaction to their clients. While Next Step and HMC integrate their strategic alignment over the next ninety (90) days, clients. will continue to receive the same high-quality services, which they have come to expect.
The newly merged company will operate under the name of Homeowners Management Company, LLC. "We feel strongly that joining forces with HMC will allow us to realize our strategic goals." explained Joe Price, President of Next Step Communities.
HMC will be based at 2151 Salvio Street, Suite 250, Concord Ca. 94520 and continue to operate our office at 1999 S. Bascom, Suite 700, Campbell CA. 95008 supporting our South Bay communities. The combination of Next Step and HMC further strengthens the commitment to the communities they serve and will provide their clients with innovative technology, streamlined processing, and a greater depth of resources with a shared expertise and knowledge in successful community management. "I am confident that this merger will take our communities to a new level of property management." stated the onboarding President of HMC, Joe Price.
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Team HMC Executive Officers
Joseph Price President of HMC
"We are very excited to meet all of our association members as we join our two customer service focused teams (HMC and Next Step Community Management) to form one unified team know as Homeowner Management Company LLC. The unification and the development of the best practices that we are combining- gives us the assets in building what we believe, will be one of the strongest association management service teams in our industry. It is our goal to continue to improve and find ways to better partner with our boards of directors in enhancing their communities through leveraging our technology, experience and passion as we move forward."
Joseph Price currently holds the position as President of Homeowners Management Company (HMC), LLC. Mr. Price previously held multiple executive level positions with some of the largest community association management companies in the country.
Joseph started his career working in the hospitality industry prior to making the move to association management. He holds the Certified Community Association Manager (CCAM) and the California Association Manager Executive (CAMEx) designations from the California Association of Community Managers and his Certified Manager of Community Associations (CMCA) Designation from the Community Associations Institute. Joseph is involved in the industry by serving as the Vice Chair on the Board of Directors for the California Association of Community Managers as well as a speaker and educator at many industry events.
Mr. Price attended the University of the Pacific and California State University in Sacramento majoring in Organizational Communication.
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Free Virtual Training Seminar
Please join us on Monday, March 15th at 5:30pm, for a board training seminar! The topics will include a Meet and Greet with HMC Staff and coverage of the new law SB 326 with expert Riley Pasek Canty. We will hold the training via Zoom. A link and login information is provided below. All board members are welcome to attend. Hope to see you there!
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Welcome New Communities
Despite the challenges related to the pandemic, HMC is proud to announce the addition of two new communities to our Bay Area portfolio. Please join us in extending a very warm welcome to the following communities who recently made the switch to Team HMC:
Marina Gardens
The Twenty Twenty-Five
Thank you for selecting Homeowners Management Company as your managing agent and business partner. We look forward to working with you for many years to come.
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2021 CACM Northern California Law Seminar
It was that time of the year again! February 4-5, 2021, CACM hosted the Northern California Law Seminar via CMworld. CMworld is a virtual world where community managers can gather, chat and learn in a fun and effective environment. These Law Seminars present an opportunity for our team members to not only educate themselves, but also pass on their own valuable knowledge to others within the industry. If you're an attending manager or a manager that would like to enroll in future events, more information on CMworld, such as instructions and training sessions can be found on CACM's webpage HERE. Team HMC was also represented by a couple of our own star players!
"Join colleagues on a community management safari..."
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12 Things to Consider in HOA Management
More than 25% of the U.S. population lives in a community association. There are nearly 50,000 homeowners associations (HOA's) or common interest developments (CID's) within California alone. The aggregate annual revenues generated by CID's in the state of California is estimated at over $12 billion. 88% of homeowners say their association's rules help protect and enhance their property values. So why do HOA's suffer such a bad reputation? It's about how you govern the community and the management style. This business partnership can make all the difference in the world and have a direct impact on quality of life as well as property values. So, it's that important to consider the services and qualities needed for the best possible outcome.
To help facilitate the discussion amongst Board Members, we've compiled a list of thought-provoking questions based upon our experience, which identify the most important areas of concern for a typical community association.
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The Importance of HMC Connect & COVID-19
HMC Connect is a personalized website/app for your specific association. During a state of emergency such as this one, HMC Connect allows your community to continue to work together, stay connected, and remain strong. We highly recommend you reach out to your manager about getting your association connected if you do not already have an HMC Connect website set up for your community.
Homeowners Management Company continues the successful roll-out of our latest service offering, HMC Connect. HMC Connect is a customized website, private homeowner portal and mobile app solution all-in-one, which allows HOA members to keep informed and connected with their HOA community.
With a mobile app available for Android or iOS, HMC Connect allows homeowners to access their account, make a payment online, find important community information, download forms online, place a service request with management and receive email, text and/or mobile app notifications when new information is posted to the site.
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Homeowners Management Company, LLC (HMC) provides full-service community association management services including financial, administrative, and operational management solutions to homeowners associations (HOA's), mixed-use and commercial condo common interest developments (CID's) in the San Francisco Bay Area. Since 1989, our experienced Certified Community Association Managers have used a combination of industry expertise and personal attention to enable residential and commercial property owners and their associations' Boards of Directors to confidently make the right decisions for their communities. Visit our website to learn more about why HMC is the right choice for your homeowners association or common interest development.
Can't make it to our educational workshop? Do you have questions?
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