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What is Association Management?

 

There are only a few companies in Saint Louis that actually do association management and Hermann London is one of them. There is a difference between helping someone buy or sell a property. There is a difference between helping someone lease a property or find a tenant.

There is a difference between property management where we manage someone’s single family property for them, collect the rent, deal with any maintenance issues, etc. Then there is association management, which as an example, we would manage a property that is a condo building that has 15 units in it. Each unit is owned by a

Then there is association management, which as an example, we would manage a property that is a condo building that has 15 units in it. Each unit is owned by a separate owner so we are not responsible for making their mortgage payments for them.

If their toilet breaks we are not responsible for fixing anything within the unit.  We are responsible for collecting the monthly association dues from each owner and dealing with any problems that affect the whole building. If the roof of the building is having a leak or if a landscaping company needs to be hired to mow the lawn on the outside of the property or snow removal, we will do that type of thing.”

If the roof of the building is having a leak or if a landscaping company needs to be hired to mow the lawn on the outside of the property or snow removal, we will do that type of thing.

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