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.
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.