5 Reasons Your Board Should Consider Hiring an HOA Manager

Oct 13, 2020 9:00:00 AM / by HOA Manager

An HOA functions like a mini-city, collecting funds, managing finances, maintaining facilities and adopting and enforcing rules. An elected board of directors oversees these activities. Board members have fiduciary responsibilities, defined in law and HOA documents.  All these activities and responsibilities apply to an HOA whether it has 1,000 units or only 25.

HOAs are complex, requiring professional expertise to manage properly.  The question is, does your Board need an HOA manager to do this? Before assuming that members of the board can manage all of the HOA’s affairs, let’s look at what’s involved in more detail.

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Test Your Knowledge: How Much Do You Know About HOA Fees?

Oct 11, 2020 9:00:00 AM / by HOA Manager

Pop quiz! Do you understand your HOA fees? If you’re an informed member of your homeowners association, you should pass with flying colors. If you fail, well then, you need to plan a study session to brush up on your HOA knowledge.

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How an HOA Board Can Find Funds When Faced With an Unexpected Project

Oct 9, 2020 12:00:00 PM / by HOA Manager

It’s inevitable – someday you’re going to be faced with a project in your homeowners association that has to get done with the funds that just aren’t there. Since money doesn't grow on trees, what’s an HOA board member to do? It can be a tough spot to be in, but depending on what the project is and how much money you need, you do have options. Remember, it’s the board’s responsibility to protect, maintain and enhance the Association.

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Can the Reserves Be Adjusted for Items Costing More Than Planned For?

Oct 7, 2020 9:00:00 AM / by HOA Manager

Picture yourself in this scenario: The clubhouse needs a new water heater and it will cost $10,000. But all prior reserve studies that have been done in the association have only allocated $6,000 for replacement. What are the board’s options to make up the additional $4,000 difference?

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3 Options if You Need to Make a Big Repair NOW in Your Association

Sep 29, 2020 9:00:00 AM / by HOA Manager

As a general practice, what does an HOA board do if there’s a problem in the association that exists right now, but not enough money in the reserves to fix it? Is issuing a special assessment the way to go, or can the board use other funds in the reserves?

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What is a Reserve Study, Really?

Sep 25, 2020 4:28:19 PM / by HOA Manager

The slightly technical definition of a reserve study is: a budgeting tool based on the art and science of anticipating and preparing for major common area repairs and replacement expenses an association will face in the future.

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Frequently Used Terms You’ll Hear at an HOA Board Meeting

Sep 23, 2020 9:21:47 AM / by HOA Manager

Have you ever attended a meeting and had no clue what was going on? It’s an awkward position to be in, especially if you're trying to understand and contribute to the conversation. Be in the know and wow your board members when you attend your next HOA board meeting by reviewing these common terms that are sure to come up.

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Make a Good Impression: Signage in Your Homeowners Association

Sep 15, 2020 9:00:00 AM / by HOA Manager

You’ve heard the phrase, “don’t judge a book by its cover.” But sometimes, it’s important to not underestimate the power of first impressions. Take the signage in your homeowners association for instance.

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How to Offer a Positive Customer Service Experience in Your HOA

Sep 11, 2020 9:00:00 AM / by HOA Manager

Community association board members and managers might not immediately think of customer service as one of their priorities, but it's important. Customer Service is an integral function of any organization. The need for excellent services is just as vital to an association’s success as it is to a business that sells goods and services. 

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Are Residents Happy in Your Homeowners Association?

Sep 9, 2020 4:37:12 PM / by HOA Manager

If you live in a Common Interest Development, you may not realize that you are among the 73.9 million Americans who live in a property owners or homeowners association, including condominium communities.

You may think that most residents are happy living in your community, and hopefully, that is the case, but how do these 70 million residents feel about their own associations? 

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