Forced Advertising Demanded of Contractors and Vendors – Caution

Some of our HOA management company competitors “ask” that all of the contractors and vendors that do business with their HOA clients pay the management company a fee to be recommended by them as a preferred contractor or vendor. Without paying, they are not recommended. We believe this is a form of economic extortion that amounts to receiving kickbacks. Coast Management of California does not engage in this or any similar practice. Does your management company receive money from contractors and vendors that provide service to your HOA?