
If you’re thinking of switching to a self-managed HOA, you may wonder about the pros and cons of your switch. Making a decision like this is no small feat, and you’ll need to weigh all of the factors before making the final choice. We’ll discuss the difference between a self-managed HOA and an HOA management […]
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For most HOAs, there are two options: work with a property management company to handle the day-to-day operations of your organization or go self-managed and take on all the responsibility in-house.But which of these is the right solution for your HOA? And how can you ensure that everything runs smoothly if you choose to go […]
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The start of the pandemic and the shutdowns that ensued sent many businesses scrambling to figure out how to keep everything running. Everyone has learned something during this time, including those of us in the community management space. Luckily, the community management lessons learned can be an ongoing part of your strategy. It’s fair to […]
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Becoming, or remaining, self-managed is a difficult choice for any association regardless of size. Each new board election or budget period is often the best time to ask the question, if self-managing the community will allow the community to thrive? The professional management fees may give an inexperienced board sticker shock at times, but those […]
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What Are Resale Disclosure Documents? Whether you are a property management company or a self-managed homeowners association, you will at one point need to handle resale disclosure documents. Depending on the type of community you have, this will impact whose responsibility the resale documents fall under. Resale documents, also known as estoppel letters or closing […]
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HOA Documents Can Be Confusing, but They’re Needed to Avoid Disputes and Misunderstandings As a Board Member or Property Manager, it’s critical for you to know what’s included in the documents and to have a working understanding of their purposes. You don’t need to remember every detail of your governing documents, nor does it have […]
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When it comes to how to manage an HOA, you’ll need to work with more than the homeowners and committee and board members. Your self-managed HOA will require some professional assistance, too. Once you’ve decided whether or not to self-manage or hire a property management company (PMC), consider these factors before running out to enlist […]
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There are a lot of ways a community association can handle social and legal affairs, including the option of self-managing the community. Before your community chooses to self-govern (either as a newly developed community or by stepping back from a management company), consider these common pitfalls of HOA or condo association self-management. 1. Reluctance to […]
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Everything You Need to Know About Self-Managing Your Condo or HOA Many condos and homeowners’ associations are or have considered becoming self-managed HOAs, also referred to as self-governing HOAs. Regardless of what you call it, a community association governed by its residents can represent monetary savings, more freedom to make decisions, or both when properly […]
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