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Here’s where you’ll find recent articles about FirstService Residential, as well as our impact on the areas we serve.

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How to Uncover Savings for Your Condo or Co-op Association with an Energy Audit - Energy Efficiency Part 2

Posted on Tuesday May 02, 2017

Improving your building’s energy efficiency is good for your budget and for your property values. Getting a professional energy audit is a crucial step on the road toward energy efficiency. It can tell you which upgrades make the most sense for your property and show you potential energy and cost savings.

Crystal Vision: Why Communication Between a Board and Management Company Matters

Posted on Thursday April 27, 2017

As a board member, you want your community to grow and thrive. Having a vision for your community—the aesthetics of it, its reputation, the kinds of programming it offers and amenities it provides—is critical to its long-term well-being. A well-crafted vision will transcend board and resident turnover and keep your community on track.

Five Ways Your High-Rise Can Spend Less on Energy Costs

Posted on Monday April 24, 2017

No matter where your high-rise building is located, rising energy costs can have a drastic impact on your community association’s budget. A condominium that spends 40 percent of its operating budget on common-area energy will be affected by even a small spike in price. A 10 percent increase in utility costs means that energy takes a full 44 percent of that association’s budget! Pretty scary, isn’t it? But all is not lost! Conserving energy can help your association save money and optimize your high-rise’s annual budget.

How Condo Associations Can Get Ahead of the Energy Benchmarking Trend - Energy Efficiency Part 1

Posted on Tuesday April 18, 2017

Is your condominium or co-op association required to report your building’s annual energy usage? If not, and if yours is a mid-rise or high-rise building (50,000 square feet or larger), get ready. Chances are that mandatory energy benchmarking will be coming to your area soon as energy conservation becomes a higher priority for jurisdictions.

Communication Impacts Every Part of Your Community: Do You Have a Plan?

Posted on Friday April 14, 2017

Is your community always aware of upcoming events, scheduled construction projects and upcoming board meetings? Do they understand their responsibilities and the policies they need to comply with? Clear, effective communication from the board to the residents makes a difference in the overall well-being of any community. Poor communication, on the other hand, is a real problem that can negatively impact your community’s reputation and even your operating budget and property values.

Managing Community Maintenance and Improvement Needs

Posted on Wednesday April 12, 2017

Whether your community is self-managed or professionally managed, maintenance is a big part of the day-to-day responsibilities. It’s a responsibility that can quickly become overwhelming, especially when you walk in on a Monday morning to a list of what went wrong over the weekend.

The Do's and Don’ts of Community Association Warranties

Posted on Friday January 20, 2017

When your homeowners association took control of your community from the developer, a lot of paperwork came with that. Some of the paperwork undoubtedly included a number of warranties. Since then, you have probably collected warranties for a range of products and services your association has purchased. But be honest: How familiar are you with them?

Active Adult Communities: Not Your Grandma’s Retirement Home

Posted on Wednesday January 04, 2017

The Baby Boomers, born after World War II, are the largest generation in United States history. The last of them turns 55 in 2019. With their children grown and in their own homes, Boomers are entering an era in which they can do what they please. They are retiring or scaling back on full-time work and it’s their time in the sun. Literally. They may be getting older, but as the first generation of Americans to embrace the fitness craze and eating with longevity and well-being in mind, the Baby Boomers (and Generation X on their heels) are not planning to sit out their golden years in a rocking chair.

Six Ways Board Member Training Creates Successful Communities

Posted on Friday December 23, 2016

When board members volunteer, they’re driven by the desire to enhance their communities. But what happens when good intentions don’t pair up with a board members’ level of expertise or education? It’s important for your board to understand the basics like how to run a meeting in addition to the more complex issues such as insurance liability coverage. To that end, here are some ways board members can become more educated and the benefits of doing so.

Events, Expos and Educational Classes: Why HOA Boards Should Attend

Posted on Wednesday December 21, 2016

Most homeowners association (HOA) board members are not experts. Board members are well-intentioned, dedicated volunteer-leaders who want to protect the value of their property and ensure their community continues to be a great place to live. Of course, the act of becoming a member of your HOA board of directors doesn’t mean you know everything there is to know about how to run an association.

 

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