Lifestyle Expert Previews Amenity Trends for 2016 and Beyond
Posted on Tuesday December 22, 2015
Location, location…amenities? As we told you in a previous article, the desirability of a community’s lifestyle amenities is becoming highly influential in driving the purchasing decision for many homebuyers. To rise to the challenge – and set themselves apart from the competition – many developers, builders and community associations are adding the next generation of amenities to their lifestyle communities, high-rises, condo buildings and other residential properties. And it’s working. By adding and/or updating their amenities to reflect evolving tastes, communities are effectively meeting the aspirations and demands – and enhancing the lifestyles – of potential and existing homeowners.
So You Want to Become a Property Manager or Community Association Manager
Posted on Wednesday December 09, 2015
What did you want to be when you grew up? Like many children, you may have dreamed of becoming a doctor, teacher, firefighter, pilot, basketball player, ballerina or policeman. Maybe you wanted to be a movie actor, astronaut, rock star or even the president. But we’re guessing there are a few professions that probably didn’t make your short list… property manager or community association manager (CAM).
Experts Say Community Amenities and Lifestyle Programs Drive Home Buying Decision
Posted on Wednesday December 02, 2015
Homebuyers are motivated to buy a new home and move to a new community for a wide variety of reasons – perhaps a desire to downsize, upsize, relocate closer to family and friends, or enhance their quality of life. And when it comes to which new home and community to choose, there are nearly as many variables to consider, such as cost of living, location, layout and the quality of the community association and professional management company, to name a few. But while those factors will always be important, there are two additional considerations that, for many people, are even more compelling – community amenities and programs for lifestyle communities.
Vendor Management Tips to Help HOAs Get Great Results
Posted on Monday November 23, 2015
If you’re a community association Board member, you know that keeping your community running smoothly, operating effectively and looking aesthetically pleasing is a team effort. And for most homeowners associations, that team consists of trusted vendors and service providers to help you get those jobs done – and get them done right. But part of that process includes managing the vendors you’ve hired – and if your HOA has hired multiple vendors to provide a variety of services, it can be hard to juggle multiple contracts, timelines, payment obligations, contacts and other important details at the same time. Need some help to keep all of those balls in the air? Here are some tips to manage your community’s vendors more effectively – and get the results you’re looking for.
Tips to Help Your HOA Winterize Your Community
Posted on Friday November 20, 2015
It’s that time of year again – there’s a noticeable nip in the air, trees are losing their leaves and stores are starting to display their holiday swag. That can only mean one thing – winter is right around the corner. If your HOA is located in an area affected by wintry weather, we probably don’t need to remind you about last year’s Arctic-level freeze. Some of the coldest-ever temperatures were recorded in many parts of the country – and if you heed the predictions in the Old Farmer’s Almanac, you know that this year promises to be even more frigid. Is your community prepared to handle the upcoming chill? Here are some tips to help your homeowners association winterize your community, no matter what surprises the season may bring.
Four Things Your Association May Not Know About Community Insurance
Posted on Monday November 16, 2015
How much do you know about community association insurance? Every community’s bylaws and declarations include requirements to provide homeowners association insurance coverage, and Board members have a fiduciary duty to protect the best interest of their HOA and owners. Additionally, associations are under pressure to find the least expensive homeowners association insurance options available. But there is a caveat – in community insurance, as in most things, buyer beware – not all policies are alike, and if you neglect certain types of coverage, you may end up paying a much higher price.
Active Adult Communities – Tips to Help you Choose the Right One to Meet Your Needs
Posted on Wednesday November 11, 2015
According to the U.S. Census Bureau, 76.4 million baby boomers were born between the years 1946 – 1964 – and in a few years, they’ll all be 55 or older. With their vibrant lifestyles and dedication to health and fitness, today’s active adults are more dynamic and full of life than any generation that preceded them – so dynamic, in fact, that many are choosing to move into communities that better fit their lifestyles. And no matter whether they’re looking to downsize or live large, enjoy retirement or move closer to work, soak up the warmth in a resort-like setting or go cosmopolitan and move to a big city, many people 55 and over are finding what they’re looking for in active adult communities.
How to Choose the Right Community Banking Program
Posted on Thursday November 05, 2015
Board members have a fiduciary duty to protect the financial interests of both their homeowners association and fellow residents – and that includes ensuring that their HOA’s operating and reserve funds are properly managed, invested and protected.
Hiring Vendors? Legal Issues for HOAs to Consider
Posted on Monday November 02, 2015
Your Board of Directors oversees the many day-to-day tasks required to operate and maintain your community… but they can’t do it alone. Over the course of the year, your homeowners association will hire vendors to provide a variety of services to keep your community running smoothly, such as exterior painting, plumbing, electrical, landscaping, tree trimming, equipment repair, exterminating, pool maintenance, street repair, and more. And then there are capital improvements, unforeseen events or emergency repairs — yeah, you’ll need vendors to take care of those, too.
How HOAs Can Use a Social Media Strategy to Strengthen Community Engagement
Posted on Wednesday October 28, 2015
Social media can be a phenomenal marketing and communications tool for your homeowners association and community – a great way to inform residents, build relationships, keep them connected and strengthen their loyalty. But what may be surprising is that using it effectively involves a whole lot of social media strategy.