Members of an association often have tasks that require more in-depth study by a small group. That’s where a committee comes in. A committee is a body of persons delegated to consider, investigate and take action on tasks that require a small deliberative assembly. Although most homeowners association committees are advisory in their functioning,
One of the most important roles of the Board of Directors for a community association is to establish the direction of the association and allocate the necessary resources. Most of this work is done through the approval of your annual budget, which many of you just completed for 2013. The resources you have available to allocate
As more and more people are moving into community associations, it should be a priority for board members and community association managers to develop a sense of belonging and ownership for each new member. Educating them from the start in a constructive way can plant the seed for a long-term positive relationship within the community
Getting a grip on being a board member of a residential association has proven to be more difficult than one would expect. After all, you have your governing documents- the Bylaws, which tell you how the association is to be structured and handled from an administrative viewpoint; the Declaration of Covenants, which delves into the
Prior to the “Great Recession,” condo associations did not give much thought to FHA financing. For many years, FHA provided less than 3 percent of all financing for condo purchases. The buyers they financed had low down payments, which many boards felt posed a risk to their viability as residents. This conventional wisdom governed the
Great community association maintenance workers are a major asset in so many ways. They bring a huge sense of pride to their supervisors and the community they work for and are often referred to as “gems.” This comparison to valuable merchandise is accurate, and that is exactly what great maintenance workers are: a precious commodity.
Most of us take pride in providing great service to our customers. When we do something well, we experience greater job satisfaction and are motivated to excel. Conversely, when we are having a difficult time with a client or a conflict erupts with a customer, it has a profound impact on our day. Conflict
In this day of fast-paced, volume-packed, “catch me if you can” mentality, community managers are often moving tons of information, communicating to an extensive audience, adhering to suppressive laws and documents and wondering if they can meet their client’s expectations. So what characteristics separate the great managers? We’ve narrowed these characteristics into five
Gaining a competitive edge in today’s real estate market is vital to homeowners’ equity interests. Owners want to feel secure that the money they invest in their home increases in value. Many communities are a co-op or are age-restricted and, in the case of all HOAs, amendments are made to the governing documents and new legislation
Board Member Education
If you are a new member of your community association board of directors, you are in for an educational experience. Among the many subjects that you will deal with are architectural review, contracting, communication, meeting conduct, insurance, financial reports and taxes. Most new members of community association boards of directors do not have a broad