-
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. -
What is a community association manager? How to become a CAM
What did you want to be when you grew up? Like many children, you may have dreamed of becoming a doctor, teacher, firefighter, pilot, basketball player, ballerina or policeman. Maybe you wanted to be a movie actor, astronaut, rock star or even the president. But we’re guessing there are a few professions that probably didn’t make your short list… property manager or community association manager (CAM). -
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. -
How to build your HOA volunteer pool
Whether you’re on the board of a single-family homeowners association (HOA) or a high-rise condo association, your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging. -
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? -
Tips for creating a no-smoking policy in your apartment or high-rise building
The dangers of smoking and secondhand smoke are well known, and tobacco use is now the leading cause of disease and preventable death in the United States. But smoking doesn’t just impact our personal health – it also affects the buildings we live in, potentially increasing the risks of fire and property damage, raising insurance costs, increasing legal liability and more. In addition, property management companies, condominium associations and property owners often field complaints from homeowners about how smoking doesn’t just affect their health and safety, but also their lifestyle – issues like secondhand smoke drifting into their units, increased litter and fire hazards from discarded cigarette butts, smelly and unsightly ashtrays ruining the aesthetics of common areas, and more. -
HOA transition checklist: Changing property management companies
In this article, we will explore the key aspects of transitioning to a new property management company and discuss the best ways that the chosen company can support your community throughout the process. -
Self-managed HOAs: Switching to a management company
How can I get the best service for my property? That’s a question community associations wrestle with regularly. Some self-managed community associations believe they can’t afford to hire a professional property management company to manage and maintain their community’s operations, assets, finances, common areas and other day-to-day activities. -
Seven property management services HOA board members should look for
Whether you're on the board of a high-rise or community association. you want to hire a property management company that will provide the best service for their community. What does that really mean? -
Community association manager: Responsibilities, benefits, and more
Community association management is an industry filled with diversity. You'll find people from all walks of life who have chosen it as a career path, and all for their own personal reasons. What is the one commonality? It's easy to love what they do! -
Why association boards chose FirstService Residential
Finding a property management company to partner with your board isn’t easy. Find out how we can help you. -
What’s missing from your community association budget?
Every year about the same time, your community association board is most likely creating its budget for the following year. Learn about seven commonly neglected items in community association budgets that you may be missing. -
Community Landscapes: A guide to planning community landscaping
Beautiful landscaping is integral to any community. The right community landscaping can enhance your property values and make the area more enticing to prospective homebuyers and residents. Whether you’re investing for the first time or revamping your community landscaping, here are four considerations to keep in mind when choosing what to plant, when to plant and how to maintain what you’ve planted. -
Should you consider a career in property management?
Whether you are a recent graduate contemplating your career path or a seasoned professional seeking a change, delving into the realm of property management can offer a fulfilling and potentially rewarding journey. -
HOA lawsuit: Why community associations get sued and what to do if it happens to you
Your community or condominium association is there to protect the interests of all of its members. However, there may be situations when one or more residents don’t believe that the association is on their side. Hopefully, everyone involved can come to a reasonable solution, but if you can’t, it’s possible that your association – and even your board members – could become the target of a lawsuit. -
Master association management – one company or several?
If you live in a master-planned community, you are a member of its master association. As the umbrella association for the community as a whole, the master association maintains common areas such as community roads, entrances, and amenities. -
Should you partner with a property management company? Understanding the benefits
Hiring a professional property management company for your homeowners’ association is the best way to increase property values and enhance the lifestyles of residents within your community. However, finding the management company that best fits your association’s needs can be a challenge. Should you be looking to partner with a company that has extensive resources drawing from a national presence? Or should you work with a smaller company? -
What are property management certifications?
When a property manager presents you with their business card, you might have observed a series of acronyms following their name. These abbreviations, such as CAM, PCAM, CMCA, and others, represent property manager certifications obtained, indicating their level of education and expertise in the field. -
Changing HOA management companies: A team approach
Even in the best of times, transitioning from one property management company to another is a work-intensive and stressful process. Things can go bad quickly if the transition is carried out without the necessary resources and strict attention to detail. To avoid potentially serious financial missteps during a management transition, homeowners associations (HOAs) should consider bringing aboard a management company that provides a team of experts to guide the process. -
The importance of your front desk staff and building reception
Your front desk staff is the “face” of your building – the first point of contact for homeowners and guests. As a result, each members plays a crucial role in creating your building’s image, as well as shaping the perceptions and experiences of everyone who enters. Consequently, when a resident or visitor walks through the front door – whether it’s their first time or hundredth – the reception and greeting they receive and the way they are treated can significantly impact their entire experience.