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A Property Management Company Serving Condominiums and HOA’s

Wise Property Solutions is a property management company which is the region’s leader in community association management- the only certified and accredited condominium association management and HOA management company with offices in Knoxville and the Tri- Cities, serving the Mountain South. At Wise Property Solutions, we are contributing to our client communities through our commitment to the industry’s best practices and ongoing professional development. Our team of highly trained property managers strives for an efficient, problem-free community with 100% Satisfaction Guaranteed.

Devoted exclusively to the management of community associations, our homeowners association and condominium managers understand the unique needs of each community. We are proud of both our growth and reputation for offering an unparalleled level of professional service. Our services equip and empower board members to effectively lead their associations.

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locally owned, regionally focused, nationally acredited
locally owned, regionally focused, nationally acredited

“...By aligning our association with Wise Property Solutions we are allowing a professional organization with proper training, systems and knowledge to streamline our efforts...saving us time and money...giving more prompt service to homeowners,”

Larry W.
President
Homeowners Association

FROM OUR BLOG

Surfer Beware When Researching HOA Issues


When’s the last time you “googled” a topic? Consumers rely on Internet search results to solve medical problems, home improvement projects, recipes, starting a business and everything in between.  So, it’s no surprise that condo and homeowner association Boards also rely on Internet information for do-it-yourself (DIY) management issues. Unfortunately, not all Internet articles and guidance are reliable. When it comes to researching community issues on Internet, “let the surfer beware.”

 

Every association wants to reduce legal expenses. That’s why some Board members research legal issues online.  Information you read in reputable blogs, newspaper and magazine articles can be helpful. But, it’s not good to rely on that information alone. State laws and other nuances that are unique to your situation come into play, so you need to seek attorney advice for legal issues. Instead of surfing the web, ask your community property manager to help you identify questions that you need to pose to your legal counsel.

 

Vendor research is another area that some self-managed associations choose to do online, especially for routine maintenance tasks. Online reviews and websites are not reliable methods for selecting vendors. Despite the simplicity of the task you want to outsource, you must take appropriate steps to ensure that the community is protected from potential liability and that you are working with an insured professional. Take your time to do due diligence when assessing vendor(s).

 

Some association Boards find templates online for meetings, reports, communications, governing documents, etc. Many of these templates can add efficiencies and professionalism for a DIY community.  But, there’s a watch-out for smaller communities —your governing documents can’t follow the same pattern as a large association without creating unnecessary burdens.  It’s worth spending the money for professional advice upfront to optimize your Board’s management practices.

 

With Internet at our fingertips, we’ve all contributed to the do-it-yourself trend. Depending on the topic, surfing the web can range from good to bad. That’s why your Board needs to know where to draw the line between DIY and seeking professional advice. Cutting a few corners today can end up costing your community more tomorrow.

 

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Wise Property Solutions is a property management company serving East Tennessee with offices in Knoxville, TN and the Tri-Cities, TN-VA. Specializing in Condominium Association Management, Home Owners Association Management, HOA Management and Gated Community Association Management.

 

 

 

Tri-Cities, TN-VA: 423-926-7373

 

 

 

 

Knoxville, TN: 865-643-8989



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