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How Developers Benefit by Partnering with Property Management Companies
Residential home builders and real estate developers must wear many hats while creating the buildings and communities so many of us call home. Indeed, each project’s ultimate viability and marketability depend on how well every phase of development is planned and executed – ideally, with the highest levels of expertise, experience, cost-efficiency and professionalism. -
Raising a family in a high-rise: Understanding benefits and more
When a lot of people think about high-rise living, they don’t necessarily jump to the idea of families in high-rises. In many cities, high-rises are still considered the domain of the young and single, or couples without kids or active retirees. The New York Times even ran a piece, in 1987, decreeing that “A High-Rise Is Not a Home for Children.” But today, thanks to a Millennial generation that doesn’t want to commute from the ‘burbs, more and more high-rises are actively courting families as residents. -
How to pick a property management company
Here’s the good news: hiring the right property management company is going to make your life as an HOA Board Member much easier. On the flip side: there is no shortage of property management firms to choose from, so selecting the best fit for your community association is going to take a little bit of work. -
How to Host an Annual Meeting Your Homeowners Will WANT to Attend
Annual meetings don't have to be boring! Learn how your community association board can entice your homeowners into attending with easy tips. -
How to increase HOA and community volunteerism
Regardless of the size of your community, or where it’s located, there is always one thing that every community association board and committee needs: resident volunteers. Unfortunately, however, volunteers are often a scarce resource. -
Managing Active Adult Communities in the Boomer Era
Today's Baby Boomers are prompting some active adult communities to re-examine how to remain relevant, appealing and responsive to residents' needs, according to Michael Mendillo, president of FirstService Residential's Mid-Atlantic division, and Robert Misurel, director of Planning & Development for the company's Lifestyle Division. -
Missouri Office Honored for Commitment to Kansas City Youth Center
Missouri’s Curry Association Management, the newest member of the FirstService Residential family, was recently honored for its substantial efforts and ongoing commitment to the Police Athletic League (PAL) of Kansas City, which provides a safe and stable haven for the area’s underprivileged youth. -
Municipal Duties Move to ‘Burbs as HOAs Must Step In
John Friedrichsen, Senior Vice President & CFO of FirstService Residential parent company FirstService Corporation, is quoted in USA Today about how HOAs benefit from the value-added services provided by leading professional management companies. -
Nine guidelines for managing an HOA
If you volunteer your services to your homeowners association, you know there are many rewards – but also, quite a few challenges. There are residents with individual demands and concerns and Board members who may have difficulty agreeing. There is also the critical need to carefully develop – and adhere to – a strict budget. And that’s just the beginning. -
HOA board vs management company: 6 ways to work together
Homeowner and condo association board members know that their collective actions yield lots of great results. Just take a look at the minutes from your last couple of meetings and you’ll see all the evidence you need. -
Understanding the duties during property management staffing changes
Sooner or later, most community associations face some kind of management change. If your community has a great manager, you probably want them to stay forever. But how realistic is that? -
Ways to provide reasonable accommodation by creating a fair living space
Are you familiar with the term “fair living space”? If you’re not, you should be – it can have a profound effect on your community, your association and your residents. A fair living space involves providing an environment in which people with disabilities enjoy the necessary accommodations in their homes and community amenities. It’s really all about access, and something the law calls “reasonable accommodation,” which means “a change, exception, or adjustment to a rule, policy, practice or service.” While the law may require you to make some accommodations, there are other things your association may be able to do which can further enhance the lifestyle of those who reside in your homeowners association. While it will directly and positively impacts the quality of life for those residents with challenges and disabilities, it will also positively impact the overall image of your community. -
Seven ways the ACA can impact your association
Read about the Affordable Care Act (or ACA) and the ACA will have on the association and its vendors/service providers. -
Six organization tips for HOA paperwork
Let’s face it: nobody puts “organizing paperwork” at the top of his or her favorite-things-to-do list. But maintaining good records is essential to the critical functions of your homeowner association (HOA), and following a system of organization can streamline your operations by increasing efficiency, providing transparency and preserving a history of communication. -
Six Stats That Should Make Homeowner Association Board Members Proud
As a board member, you can measure your success in a lot of different ways. The projects you’ve completed, the financials you’ve strengthened, the long-term plans you’ve put in place – all of these are clear indicators that you’ve done your job, and you’ve done it well. -
What to know about the millennial housing boom
Millennials (also called “Generation Y”) are making a big impact on communities. Comprising the youngest adult population in America (think people born between about 1980 and 1995), these individuals now constitute 31% of all new home and condo sales, according to the National Association of Realtor’s Home Buyer and Seller Generational Trends study 2014. Here’s a breakdown that puts it all into perspective: -
Six benefits of hiring a property management company
Maybe you're self-managing your community. And maybe things are going just fine. But maybe they could be better...and just maybe, that could happen through full-service property management. -
Six ways active adult communities have evolved
The Baby Boomers have been a transformational generation, to say the least. Born between 1946 and 1964, Boomers are known as the healthiest and most educated of any American generation in history. -
Talking the talk: Communication between your community and property management company
The relationship between a community and its property management company is like most relationships in your life: its success hinges on communication. -
The four myths of reasonable accommodation vs modification
You've heard the terms reasonable accommodation and reasonable modification before. But do you know the specific definitions of the terms and how they apply to your association? -
Understanding and improving HOA governance
What does the future hold? Unfortunately, not the jet packs and flying cars we all thought we’d have, but there are important changes in practice and perspective in store for community association governance. To get at the heart of these upcoming changes and trends, Common Ground , an official publication of Community Associations Institute (CAI), brought 50 experts, members and stakeholders together to paint a picture of the future. The results from this panel have been published in the March/April 2016 edition of this publication. We’ve summarized the high points for you in this article, and we’ve added some insight from FirstService Residential, too. -
The truth behind HOA rental restrictions
Owning a home within a homeowner's association (HOA) comes with the advantage of having a supportive association that takes care of maintaining common areas and promoting a sense of order within the community. -
Three things to remember about life with your aging parent
As our parents age, we are fortunate to enjoy an ever-evolving relationship with them. With time comes perspective, and with that perspective comes a new way for adults to relate with their parents. -
Tips for selecting a landscaping partner for your community
The best property management companies agree that meticulously groomed landscaping is vital to enhance your property’s curb appeal. Industry research shows that investing in green spaces is among the top five property improvements that increase ROI return on investment for homeowners, communities and homeowner associations. It is clear that selecting the proper landscaping company is of the utmost importance, but how do you determine which company is right for your community?