Riverside Community Collection Services

Chasing down overdue fees, dues, and assessments is frustrating and time-consuming. As a board member, you don’t want to focus on this part of your job.

With clear objectives, fair practices, and consistent results, we can help you collect what’s due. We have strategies designed to bring all your homeowners into compliance, whether they’re disputing what they owe or refusing to pay it.

Progressive Association Management will prioritize financial success for your homeowners, your board, and your community.

Consistent, Effective Collections and Receivables for Riverside Community Associations

Monitoring Overdue Accounts

Good collection practices begin with good information. Our financial tracking systems will keep you organized and easily able to identify what’s outstanding when you’re looking at your accounts receivable.

We have been managing community associations long enough to understand that delinquencies don’t just happen. They’re often driven by the market, the economy, and the financial security of your homeowners.

At Progressive Association Management, we maintain a collections department in-house. This is a skilled team of professionals ready to resolve those overdue balances with a minimum of conflict or community discomfort.

Third-Party Reports

Our information is invaluable. We use our innovative technology and our online searches to generate third-party reports on anyone who is delinquent or behind. We examine third-party reports on other delinquencies a homeowner may be facing to get a financial picture.

All of the information we provide starts with a summary of delinquencies that we generate. Then, we look for ways to bring your homeowners into compliance.

We look for defaults and debts. We work with bankruptcies and attorneys. Our collection activities are based on information and objective data that keep things less personal and more effective.

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Legal Resources and Support

We make every effort to resolve collections and delinquencies with the tools, resources, and powers that we have at our disposal.

When necessary, we make recommendations about taking further legal action.

It’s important that your association board understands where the next steps may be.

Considering all legal options will give you some leverage with your homeowners. We’ll talk about judicial foreclosure, non-judicial foreclosure, and small claims court. All of the options are on the table, and they’re well-researched and planned by your team at Progressive Association Management.

Consult with Us on Your Association’s Financial Needs

When you’re looking for a management partner to help your community stay financially sound, consider what you need from your management company in terms of collections and delinquencies.

At Progressive Association Management, we prioritize transparency, accuracy, and documentation when it comes to managing collections and balancing overdue accounts. We want all of your homeowners in compliance.

The Progressive Pricing Plan is a Hybrid

Keeping Management Fees Simple.

We know that association management can come with some complicated pricing, and we prefer to keep things simple.

You’ll pay based on two major factors:

  • How many units you need managed.
  • The amount of revenue you bring in monthly from homeowner dues.

We might also charge you differently depending on pending litigation or major projects that you need help with that would otherwise be outside our scope of work.

Generally, we are happy to keep our pricing simple to understand.

Take a look at what we charge. We think you’ll agree it’s competitive and value-driven.

LA Association Management

Hybrid Pricing Plan

# Units

Monthly Dues

Fee Per Unit

2% of Total Dues

Total Monthly Fee

10 $300 $30 $60 $360
20 $300 $25 $120 $620
30 $300 $20 $180 $780
40 $300 $15 $240 $840
50 $300 $12 $300 $900
75 $300 $10 $450 $1,200
100 $300 $8 $600 $1,400
150 $300 $6 $900 $1,800
200+ $300 $5 $1200 $2,200

In this example, the monthly dues are $300. You must take your monthly dues, multiply by the number of owners, multiply by 2%. For the base fee, multiply your number of owners times the cost per unit. Add both for the total fee.

10 Units

Monthly Dues:
$300

Fee Per Unit:
$30

2% of Total Dues:
$60

Total Monthly Fee:
$360

20 Units

Monthly Dues:
$300

Fee Per Unit:
$25

2% of Total Dues:
$120

Total Monthly Fee:
$620

30 Units

Monthly Dues:
$300

Cost Per Unit:
$20

2% of Total Dues:
$180

Total:
$780

40 Units

Monthly Dues:
$300

Cost Per Unit:
$15

2% of Total Dues:
$240

Total:
$840

50 Units

Monthly Dues:
$300

Cost Per Unit:
$12

2% of Total Dues:
$300

Total:
$900

75 Units

Monthly Dues:
$300

Cost Per Unit:
$10

2% of Total Dues:
$450

Total:
$1,200

100 Units

Monthly Dues:
$300

Cost Per Unit:
$8

2% of Total Dues:
$600

Total:
$1,400

150 Units

Monthly Dues:
$300

Cost Per Unit:
$6

2% of Total Dues:
$900

Total:
$1,800

200 Units

Monthly Dues:
$300

Cost Per Unit:
$5

2% of Total Dues:
$1,200

Total:
$2,200

Collections Management for Riverside Community Associations

Progressive Association Management specializes in residential and community association management, and we know that every community has a different approach when it comes to collections and financial management. Our goals are to integrate our process with yours.

Partner with Progressive Association Management and leverage our technology, tools, and systems for better results. You’ll love working with our trained and talented staff.

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Communication

Sometimes, we can avoid collections and disputes with a simple conversation. We’re willing to start there.

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Documentation

Your association board can feel empowered to make the necessary collection moves with our accurate data.

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Collections

We know what’s due and what hasn’t been paid. Our collections are accurate and our activities are effective.

Investigations

When homeowners won’t work with us, we’ll see what we can leverage to bring them to the table.

Payment Plans

We’re consistent, fair, and flexible. When homeowners need some help, we’re here to provide it.

Compliance

Collections really come down to compliance. You need to trust your homeowners, and we help you do that.

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Work with Progressive Association Management

Progressive Property Management Inc. has been involved in the local real estate and rental market for years. We specialize in helping community associations and HOA boards.

Got Questions About Property Management?

Progressive Property Management Inc.

1290 N Hancock St, Ste 202, Anaheim, CA, 92807
1-800-665-2149 | (714) 528-5522
info@progressive-am.com
CA DRE #01958885