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Debunking property management company myths
Here’s one of the great ironies of the property management industry: though it’s incredibly big, it’s still a big mystery to most people. Let’s let the numbers do the talking. In the United States, 24% of homes are part of associations, with a total value of $4.65 trillion and $65 billion collected in assessments. In Canada, the industry generates about $6 billion in annual revenue with a healthy annual growth rate of 3.4%. -
Understanding common community manager responsibilities
The right support, the right personality and the right set of expectations from your community are critical for your community association management team to deliver exceptional results. Does yours have what it takes? -
HOA nominating committee guidelines: Understanding HOA elections
Elections are a big part of what make our community associations work. It’s what empowers members, galvanizes our community, and brings residents together for a common purpose. -
Eight ways a property management company can help you and your community
Being part of a Homeowners Association is rewarding – yet it can also be challenging at times. Board members are often tasked with difficult duties ranging from proper financial stewardship to navigating community conflicts, and much more. -
The future of community association management: What to expect
As a profession, community association management is relatively young; it goes back about 50 years. But in that short time, it has made great strides—and so have the communities who have benefited from professional, skilled management teams. But what does the future hold for this profession, and how will it influence how community members live? The trade organization Community Associations Institute (CAI) put their publication, Common Ground , to work to find some answers to this question. They brought together industry experts to weigh in on the matter. FirstService Residential has also been at the forefront of looking to the future in this growing industry. -
The future of association living: 4 factors to consider
What does the future hold for your community association? If you’re a board member, you might already have a pretty good idea – most likely because you’ve developed a plan for it. But what about issues outside of your control? How will they influence the strategies you develop to ensure your community is a great place to live for years to come? Let’s see where the coming decades will take us. -
FirstService Residential Chairman Gene Gomberg Honored as Ultimate CEO/Chairman
Gene Gomberg, Chairman of FirstService Residential, was honored as an Ultimate CEO/Chairman by the South Florida Business Journal. -
FirstService Residential is Growing and Hiring; Positions Include Property Managers, #2 Happiest Job
According to Forbes.com, Property Managers are tied for the #2 spot on the list of Happiest Jobs in America. Coincidentally, thanks to our continued growth and success, FSR is currently recruiting for several Property Manager positions. If you’re a quality professional seeking an outstanding career with the industry leader, check out all of our open positions (happiness included). -
FirstService Residential's New York Office Featured in Mann Management Report
Our New York office is profiled in the November/December issue of the Mann Management Report. -
Five simple marketing strategies for associations
How many homes in your community are vacant? Whether it’s one or one hundred, it’s too many. Empty homes can lead to compliance issues and decrease the curb appeal of your community. They can also negatively impact the feeling of connectedness for the members of your association. That’s why it’s so important to keep every home occupied. -
Five community landscape maintenance tips
For most people, looking neat, attractive and well groomed ranks high on their list of priorities. They have the same expectations for where they live – in fact, according to a recent industry survey, over 70% of homebuyers consider curb appeal an important factor when choosing a community. -
Five reasons to love your community management company
It’s always great to have a reliable partner by your side. Whether it’s a family member, someone at work, or even a fellow member of a sports team on which you play, knowing that someone has your back can instill you with confidence and comfort. -
Four tips for great communication in your association
As a board member, you’ve confronted (and hopefully, overcome) a lot of challenges. You’ve learned your role. You’ve tackled projects. You’ve teamed up with residents. -
Four qualities of a well-trained property manager
When you think about the ideal community manager, typically a unique combination of personality traits springs to mind. They are professional and courteous with residents, yet firm with vendors. They know their way around a spreadsheet, but also have basic working knowledge of major systems like plumbing or heating and cooling. They know how to help the homeowner association (HOA) board stay focused on the big picture, but are also adept at taking you through the details of even the most complicated budget plan. -
11 steps for a successful HOA transition from developer
When a property transitions from developer control, it typically means that the developer, who initially owned and managed the property, is transferring ownership or control of the property to another entity, such as a homeowners association (HOA), property management company, or individual property owners. The specific process and outcomes of this transition can vary depending on the type of property, its purpose, and the governing documents in place. -
HOA Legislation: Protecting your community
More than 85% of officials in state legislatures are up for re-election this year. So what does that mean to you as a board member or resident in a condo or homeowners’ association (HOA)? And how does this affect HOA law? There are a variety of initiatives on the table across the nation that will significantly impact community associations. In this article, we’ll take a look at what those issues are – and most importantly, how you can impact HOA law. -
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. -
Millennials and your association: What you should know
Millennials are the fastest growing group of home buyers in the US. Learn why you need to get this important demographic involved in your association today. -
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. -
Keeping HOA and Condo Common Areas Clean During the Coronavirus Pandemic
During these unprecedented times, residents are spending the majority of their time at home to prevent the spread of COVID-19 and protect themselves and their loved ones from infection. One of their primary contact points with the outside world is in your HOA or condo common areas, where they can be at risk of contact with lingering coronavirus or even spread existing virus to other areas of the property. Read on for a comprehensive list of places to clean and how to clean them. -
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.