Articles

Here are some recent examples of how FirstService Residential North Carolina has been making news.

Nine Steps to Your Next Community Budget

Budgeting is important, and it can be complicated. Fortunately, there are some steps you can take to make the process as painless as possible. Read on to learn what those steps are.

Posted on Thursday August 10, 2017 read more

How Your High-Rise Can Respond and Prepare for Blackouts

Losing power is never fun. But it’s bound to happen at some point, so preparation is the best defense. Obviously, different types of communities are affected by blackouts in different critical ways: high-rises lose their elevators and water; resort-style gated communities lose the ability to operate their gates. For residents, a blackout may be a short-term nuisance. For a community association, it can be a major headache in terms of risk management, safety and potential equipment damage that can provide an unwelcome shock to your budget.

Posted on Thursday July 13, 2017 read more

Six Essential Tips For New HOA Board Members

Congratulations are in order – you’ve just been elected to the board. So now the big question: What’s next? “The great thing about associations that are helmed by owners is that they have a vested interest in doing right by their community,” said Kirk Kowieski, CMCA, AMS, vice president of FirstService Residential. “But that also comes with challenges...many board members find themselves in this kind of position for the first time, so there’s a little bit of a learning curve.” Fortunately, FirstService Residential is here to help. Follow these new board member basics and you’ll soon be governing like a pro.

Posted on Friday July 07, 2017 read more

If Disaster Strikes, Is Your Community Association Covered?

Mother Nature has quite the surprises to throw at us! Sometimes, there’s some notice and time to prepare. But often, there’s no warning at all. That’s why it is critical to the financial health of your community association that you have the correct insurance coverage in place. What can happen if your high-rise building or community association common areas aren’t properly covered? Unfortunately, nothing good. That's why it is important to make sure your Association is covered with insurance. 

Posted on Wednesday July 05, 2017 read more

Emergency Preparedness: What You Need to Know, and How Your Property Management Company Can Help

Although you can’t predict emergencies, you can prepare for them. The most important thing that both board members and management can do to ready themselves for the unexpected is to create a customized emergency preparedness plan. A quality community association management company will have the experience, resources and knowledge to help you develop a plan that fits your specific situation.

Posted on Thursday June 29, 2017 read more

Why a Team Transition Is The Best Approach For Your Community

How can your association avoid missteps and pitfalls when switching from one community management company to another? A great management company will have a depth of resources for your community, and that includes resources to help with your transition. To make sure that your transition goes well, you need to be able to rely on the skills of professionals in every facet of it. 

Posted on Wednesday June 21, 2017 read more

How Should You Enable Board Member Succession?

Thriving business organizations plan for succession. It’s built into their corporate strategy – team members with potential are identified early on, and then groomed for the leadership positions they’ll someday hold. 

Posted on Monday June 19, 2017 read more

Why A Team Transition Is The Best Approach For Your Community

How can your association avoid missteps and pitfalls when switching from one community management company to another? A great management company will have a depth of resources for your community, and that includes resources to help with your transition. To make sure that your transition goes well, you need to be able to rely on the skills of professionals in every facet of it. 

Posted on Monday June 19, 2017 read more

The Best Service from Your Management Team Starts Before You Ask

You want your community association management company to respond when you need them. Shouldn’t a good management company be able to foresee some of your association’s needs and meet them before you ask? That’s the principle at the heart of proactive service, when emergencies are prevented rather than responded to. The best service is proactive, but its very nature – preventing problems before they arise – means that it can be hard to spot. So how do you know that your community association management company is being proactive on your behalf? Read on for some ways you can tell if your management company is behaving proactively.

Posted on Thursday June 15, 2017 read more

Beyond the Manager: Discover the Value in Your Management Company

We all want to get the most for our money, and your community association is no different. When hiring a management company, it’s easy to focus on the bottom-line price and not understand the differences in real value among the proposals you see. The right community association management company will provide you with so much more than a good manager. 

Posted on Thursday June 15, 2017 read more

Planning Your High-Rise Maintenance and Capital Improvements

Maybe this has happened to your high-rise association: An unexpected capital expense finds your condominium’s board of directors needing to impose a special assessment. Establishing a plan for your building’s maintenance and capital improvements is not only important for your budget. It can also prevent life-threatening catastrophes. So what does it take to put together a program that protects both the health of your association’s finances and the safety and lifestyle of your residents? Find out in our interview with Phil Pool, vice president at FirstService Residential.

Posted on Thursday June 08, 2017 read more

The Importance of Preventative Maintenance in Your High-Rise

Protecting your high-rise with a solid preventative maintenance program will also protect the lifestyle you love and your community association’s budget. Preventative maintenance programs have countless benefits, including extending the life of almost every component and system in your building. A well-executed plan can also help your community optimize its operating budget by predicting when repairs or replacements are most likely to be needed and allowing your community to set aside money for them. How can you get started on a preventative maintenance plan? Check out our advice to get your high-rise on the right track when it comes to preventative maintenance.

Posted on Tuesday June 06, 2017 read more

Resale Certificates in North Carolina – Why They Matter When You Buy a Home

For most people, buying a home is the largest investment they make. We all know there’s a lot of paperwork that comes with buying a home, and although it can seby inexepem overwhelming, that paperwork is vital for the protection of the buyer, the seller and the community in which the home is located. If you are buying or selling a home in managed community, a resale package is a critical part of that. What is a resale package and why is it important? How do you get one and when do you need it? We sat down with our Director of Resale to get the answers to these and other important questions.

Posted on Tuesday April 25, 2017 read more

Four Secrets to Great Communication in Your Association

There’s one challenge that plagues all board members, regardless of experience: communication. Part art and part science, communication is the key to building strong relationships and effectively meeting your obligations as a board member for your community association. Here are a few quick tips to ensure communication is flowing in your association.

Posted on Monday February 06, 2017 read more

Cyber Security: How Community Residents Can Protect Their Tech

Why should cyber security be so important to community associations? Do you know what important steps residents in your community can take to protect their technology so that sensitive information doesn’t fall into the wrong hands? This article provides guidelines on how to prevent cyber attacks and tips on increasing cyber security.

Posted on Monday February 06, 2017 read more

How to Create a New Revenue Stream from Your Amenities

Savvy boards are always keeping an eye out for ways to maximize revenue. If you’re interested in ramping up your revenue streams, take a look around and imagine the possibilities. Read tips on how you can generate cash flow from your existing amenities. 

Posted on Wednesday February 01, 2017 read more

How Board Members Can Keep a Community Safer from Cyber Threats

Technology has made running a business easier. With all of that technology comes some risks. Hackers make careers out of trying to access data for fun and profit. But there are things that you, the board, can do to help keep your community data safe.

Posted on Sunday January 29, 2017 read more

A How-To Guide for Effective HOA Board Communication

Great communication matters. The residents in your community association need and rely on consistent, clear information communicated from their board members and management associates. That includes everything from upcoming events to new policies. Consider these tips as a roadmap to great communication that will keep everyone on the same path.

Posted on Wednesday January 25, 2017 read more

Steps to Sucessfully Implement Your New Association Budget

You’ve done all the homework. Crunched the numbers. Your reserve study is complete, your vendor agreements have been checked and your budget is done! Now what? There’s an entire process to creating the budget, followed by implementing it, and clear communication to homeowners, through every step of the process, is the best way to avoid problems.

Posted on Monday January 23, 2017 read more

The Importance of Having a Partner to Manage and Activate Community Amenities

Having a swimming pool, a fitness area, or a clubhouse for residents are perks that can make any community stand out. A good management company has people with many years of experience operating and maintaining these types of features, and they can offer many helpful ways for you to get the most for your community. Here are some ways your community can benefit from the experience of a community association management company, and make your job as a board member a little easier.

Posted on Monday January 23, 2017 read more
Displaying results 1-20 (of 45)
 |<  < 1 - 2 - 3  >  >|