Managers salary & duties survey

I'm curious what other Associations pay for propertty managers and what they get for the money.

We pay $47,000.00 per year with bonus for certain tasks that are demanding. He demands a yearly raise from 3% to 5%. He has a hard time staying focused on tasks. Has had the job for 4 years. We are always having to push him to compelete things. He seems to always be around for emergencies and when we(the board members are after 5pm) but residents say differently during the day. He doesn't communicate well and clashes with most residence. He has learned a good understanding of the complex needs and issues from the long time -part timer ( whom we should let go at this point). He is always saying he doesn't have time to do any more work then he already does and pushing for more help. He appears to be a mico manager on projects, which might be why he has no time to deal with other tasks.

Duties: Full- time but doesn't live on site. On call 24/7. 141 units and 75% of those are rentals. Attends HOA meetings, prepares a managers report and board packet monthly, gets bids on projects, over sees projects, over sees two gardners and one part-time helper, enforces rules(very lightly),deals with alot of plumbing issues, no accounting, does a quarterly newsletter, prepares correspondence.

Does this sound about right? I feel the majority of the board members are just settling with him, so they don't have to deal with a replacement. Maybe I'm wrong and we are getting what we pay for. Which is $333.00 per year per unit. That seems really high to me.
Thanks for any insight.

We pay $12,000 or so a year for about 45 homes for an out-sized $267/unit/year. Yee-haw!

Our management company duties mostly relate to keeping the HOA legal but the contract is such that they are given quite a bit of latitude. They usually (but not always) narrowly construe the contract: they could take on more but choose not to.

As people, they are gluttons for mindless, repetitive work and wiggle out of the tough, personal, community-building work. They are sort of like an not-so-good 1950's secretary: they just want to answer phones and take letters, not really solve HOA problems or show initiative. If you insist, they will do as you ask but, as soon as you let up the pressure, they will return to routine tasks and any ones that require initiative will grind to a halt. If the HOA starts to go downhill, they'll raise a faint objection but, if you argue with them, they'll fall silent and let the HOA fall apart.

Duties: Part-time, shared with other HOAs. Attends HOA meetings, prepares a managers report and board packet monthly, gets bids on projects, oversees projects (but only through a telephone), interfaces with landscaping company and accountant and collection agency, creates yearly budget (for an extra fee), prepares correspondence.

DjG It seems very high to me also and he's demanding a 3%to 5% raise each year. I think it's time your board should start looking for a replacement or look into self managing on you own. It sounds like you board doesn's want to get involved at all. I know of a 55 unit condo that's being charged 136.36 per year. The manager is at all meetings and handles any legal work that may be necessary except filing forclosures non at the present time. They have a pool and a room for meetings, parties, etc. Myself I live in an HOA where we are charged $48.62 per lot/unit. We also have had a lack of participation of the PM at meetings of the board (2 last year)and will not seem to answer calls or emails when we have a question. We are also thinking about self managing our own association. This includes many other owners who think the same as I do in this area. Ps the PM got a 11.3% raise last year I believe that's to much. JerrellC Florida homeowner.

because your pm demands an increase every year does not say you must give it. also why not start contacting property mgrs. in your area most management companies have packets of information on what they provide in the way of services, I am sue if you call or e-mail them they will send you info. you could also connect with other condos for resources.also try your local chapter of CAI they have a lot of helpful infor.
Good Luck.

No Mary and RobertR1 their fee is $7500 for 55 units. This is only the manager's salary for managing the condo. Its a very old condo. The owners have been there for many years. Just a big happy family. This is the first year that this company has managed them. The board fired their previous manager for lack of a better word proper managing. It seemed that the previous manager thought he was in charge of everything because he had been there many years. But he didn't do a simple request like getting bids for new carpet. They fired him for cause. The new management company's fee will probably go up the next year. JerrellC

Jerrell,
While you are at it, be sure to look over CAN link on this page to the left. Lots of good info there if you search around. Good suggestions for how a Board should operate and what to look for in a management company, plus other stuff.

Daniel,
Thanks for the tip, I am going to call DELL right now.