Management Company Examples In Philadelphia
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HOAs have enforcement powers that property management companies simply do not possess. If a homeowner or tenant violates the community's rules, the HOA has the right to issue fines, and in extreme cases, place a lien on the property.
There are over 304,000 property management businesses in the U.S., with 238,000 focusing on residential properties. About 35% of property managers handle between 101 and 500 units, showcasing scalability across portfolios. The leading property management company manages 798,272 rental units as of 2025.
Not every HOA needs the help of a management company — many are completely self-managed, and their board members have the bandwidth to take care of everything on their own.
Poinciana, Florida The Association of Poinciana Villages, Inc. (APV) is one of the largest homeowners associations in the United States. The 47,000-acre, unincorporated, suburban community encompasses both Polk and Osceola counties perfectly nestled between Haines City and Kissimmee, Florida.
Greystar is currently the biggest residential management company in the United States. With over a million units under its management, Greystar is known for its innovative property management practices and significant investments in its residential communities.
Between 30% and 40% of HOAs were self-managed, meaning they operate without a management company or professional manager. A total of 60,000–65,000 community association managers and 9,000–10,000 community association management companies governed HOAs nationwide in 2023.
- Increased Property Value: A well-managed property can increase in value over time. A property management company can help ensure that your property is properly maintained and kept in good condition, which can lead to higher rental rates and a higher overall value for the property.
A property management company oversees a rental property on the behalf of the landlord. Their role includes collecting rent from tenants, taking responsibility for day-to-day repairs, and managing the overall maintenance of a property.
A property management company will advice on all current safety regulations and can arrange the necessary checks to be carried out to ensure that your property is fully compliant. They can also coordinate any work required to resolve any issues that are found.
How to find a property manager Ask for referrals from friends, family or your real estate agent. Check reviews online or with a state or local apartment association. Make a list of a few companies that may fit your needs. Compare the fees of each company. Check each company's licenses and certification.
