Diversified Association Management is a full service HOA management company with offices in Colorado Springs and Denver, Colorado. We have been in business for 9 years and feel we have a solid track record helping Homeowners manage their day to day.
Below you will find some of the many reasons Diversified should be your only choice for HOA management in Colorado.
HOA’s are Community:
Flexibility as well as open communication is imperative for a well-functioning HOA community. Diversified Property Managements business depends on the happiness of residents overall, it is in our best interest to make sure the communities we manage are kept safe, clean, and well-maintained. We are constantly striving to maintain an open line of communication with residents. We are truly believers in an “open door” policy. All of our staff have direct phone lines and we take into consideration residents’ concerns and desires, not just simply tell them to “follow the rules,” because they’re in place.
We believe volunteer Board Members are the cornerstone of their communities. A successful Board promotes the concept of “community”. Living in a HOA brings continuity and order to the association. Diversified Property Management works closely with Board members to facilitate the needs of the association. This includes overseeing fiscal management, vendors, covenants etc.
Diversified Property Management only works with vendors that are licensed and insured. This gives us the assurance that the vendor is credible and knowledgeable in their field. A well written RFP outlining the scope of work that can be incorporated into a contract and is the first step in hiring the right vendor. Because we are a locally owned and operated company, we also look to hire local vendors first! We are constantly updating our consolidated list of professionals in order to serve the communities we manage and to meet the expectations of our Boards.
We create and promote a team-based approach in every aspect of our company. Our employees are empowered, not micromanaged. By empowering our team members, it promotes resourcefulness, creativity, flexibility—an environment that is constantly looking for ways to improve how things are done. We believe this ultimately creates strong work ethic, loyalty and pride. We are a strong, service-oriented and happy team that genuinely cares for each other, as well as—most importantly—the communities who have hired us to the HOA.
What will you be doing to get your yard going this spring?
Diversified Association Management takes pride in the communities we manage. We are committed to keeping the common areas clean and beautiful. We also want to help promote well maintain yards and landscaping throughout the community.
If you have lived in Colorado long you know developing a healthy lawn in the Front Range region can be tricky, especially with the water conservation controls, inconsistent soil quality and the dry heat.
One option for lawn care could be xeriscaping. It is a great choice for saving water and money, and it doesn’t mean a yard full of rocks and wood chips. There are many varieties of attractive trees, shrubs, flowers, grasses and ground-covers that are drought tolerant and appropriate for Colorado landscapes. You can find some examples on the Denver Botanic Gardens website - www.botanicgardens.org. There you will find a plethora of programs on a wide range of topics including gardening and xeriscaping.
Yard, landscape maintenance and upkeep is an important part of being in an HOA. You can take pride in your yard and landscaping and visitors and maybe someday potential buyers will know you take pride in your home.
Please remember that before starting any project on your property, check the governing documents of your association to determine whether there are any restrictions or guidelines to your plans. If you have questions, please contact a community manager at Diversified Association Management.
Good luck and Happy Spring!
What does Fiduciary Duty mean? How does it effect the Board and the Homeowners Association? Where would you the homeowner find more information on this subject? I have put together a quick explanation and bullets that should help.
The Board’s fiduciary responsibility is outlined in the governing documents. Fiduciary duty simply means the board has an ethical and legal obligation to make decisions in the best interests of the entire association. That’s a small explanation for a very big responsibility.
Fiduciary duty includes a duty of loyalty to the association, which means that board members should never use their position to take advantage of the association. They should never make decisions for the association that benefit themselves at the expense of the association and its members.
Fiduciary duty also includes the duty to exercise ordinary care. This means board members must perform their duties in good faith and in a manner they believe to be in the best interest of the association, with such care as an ordinary prudent person in a similar position under similar circumstances would use.
In short, boards must act in the best interests of the association and act reasonably.
Board members fulfill their fiduciary duty by: