How to Select an Ideal Property Management Company – 10 Key Questions to Consider
Selecting an ideal property management company for your community can be a challenging task. In markets with a plethora of residential management firms, they might appear quite similar on the surface. It's important to identify the best-fit company for your community's unique needs by asking the right questions during your consultations with property or homeowner […]
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Boosting Your Home’s Value Before Selling
Selling your home can be a significant financial decision, often involving your most valuable asset. To ensure you receive the best return possible, enhancing your property's value is essential. While many resources offer tips on this topic, there are a few additional strategies you can consider to maximize the value of your home before putting […]
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Avoiding Common Mistakes for Community Association Board Members
Being part of your community association's board involves significant responsibility and can be challenging. Mistakes are natural, but understanding common pitfalls can help you steer clear of them. This guide highlights typical errors board members might encounter and provides strategies for addressing them effectively. Board members […]
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Evaluating Property Management Companies: A Comprehensive Guide
In any homeowners association, the board members play a crucial role in safeguarding the interests of the community. Selecting the right property management company is a significant decision that can shape the property’s future over many years. A thorough comparison of management companies is essential to ensure they align with your community's needs. Being proactive […]
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Understanding How the Consumer Price Index Affects HOA Fees
The rise in inflation often results in higher costs, impacting the annual budget assessments set by homeowners’ associations (HOAs) or community associations. For those involved in community management, determining the annual assessment is a crucial responsibility. It's important to ensure that any increases are justifiable and fair. To facilitate this, many communities’ guidelines require linking […]
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How Property Management Software Boosts Personalized Service
Can modern property management software enhance personalized service in the property management industry? The question isn't as far-fetched as it might seem. Property management companies are enlisted by homeowners associations (HOAs), Canadian strata corporations, and similar groups to handle everyday operations and enforce regulations set by their Boards, as laid out in the community documents. […]
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How Multigenerational Communities Cater to Diverse Age Groups
Do you prefer your neighbors to be just like you, or do you enjoy a mix of different ages and life experiences? If diversity is your thing, you're not alone. Multigenerational communities are sprouting up all across the U.S. and Canada. These age-inclusive environments attract people from all walks of life and offer a variety […]
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How HOA Boards Can Engage in Shaping Public Policy
Being part of your HOA board, you're well aware of the significant contributions your association makes in enhancing residents' lifestyles and safeguarding property values. However, some lawmakers and policymakers may not fully appreciate these advantages. As a result, they might be responsible for enacting policies and laws that directly impact communities, associations, and residents without […]
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Developers Boost Success Through Collaboration with Property Management Companies
In the world of real estate, developers and builders juggle multiple responsibilities to craft the neighborhoods and homes we cherish. The success and appeal of each project hinge on how well each development phase is meticulously planned and executed, ideally with a blend of expertise, financial prudence, and high professionalism. Creating and sustaining a vibrant, […]
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Creating Happy HOA Communities Through Clear Roles and Responsibilities
Understanding the roles and duties of both the residents and the homeowners association (HOA) is essential for creating a harmonious community. Clarity between residents and community management can lead to realistic expectations and cohesiveness. This article outlines nine essential rights and responsibilities for community residents, whether homeowners or non-owners, to contribute towards a thriving community […]
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