Five Simple Strategies to Promote Your Association

Vacant homes in a community can be a real problem, whether it's just a couple or many. These empty places can cause compliance headaches, reduce your area’s overall charm, and impact the sense of belonging among members. Keeping every home occupied is crucial for creating a lively and attractive community environment. The key lies in drawing in buyers. If you’re on the HOA board, it’s time to become a savvy marketer. Here are some strategies to help market your community effectively.

Start at the entrance

The entrance to your association is much more than just a way in and out for residents and guests. It's a long-lasting advertisement for your entire neighborhood. This area is often the first glimpse potential buyers have of the community, so it needs to be visually appealing and well-maintained. Your entrance should invite people in, while simultaneously setting the tone and ambiance for what your community represents.

Think like a buyer

If you've lived in your neighborhood for a while, you might be too familiar with its quirks to view it objectively. Try exiting and re-entering your community with a fresh perspective, as if seeing it for the first time. Assess the welcoming nature of common areas, the quality and quantity of street lighting, and the adherence of homes to association rules. Check the overall landscaping and accessibility of parking and navigation. Viewing the community from a buyer’s standpoint can reveal opportunities for enhancement and attract new residents. An association management company can provide valuable resources to help you with this evaluation process.

Get everyone together

Gatherings, like summer barbecues or holiday parties, have a unique power in selling homes. These events offer chances to create memorable experiences, turning residents into community ambassadors. When members have enjoyable stories to share with friends and family, those individuals might consider moving into the area. Community events don’t always have to follow the typical format. You can organize speaker presentations, panel discussions on hot topics, or partner with local businesses for promotions or tasting events. The focus should be on making sure residents feel engaged and enjoy their time together.

Show them the money

Smart buyers often evaluate the financial wellness of an association before purchasing a property. It’s essential to provide potential buyers with access to your community’s financial documents throughout the buying process. Confidence in a well-managed association could influence their final home-buying decision. If there are financial issues, addressing them promptly is crucial, and community association management companies can offer needed assistance.

Use the Internet

Developing a unique splash page or dedicated landing page for potential buyers can be a game-changer. In competitive real estate markets, having an online resource where potential residents can explore why your community is an outstanding place to live can effectively attract interest and set your neighborhood apart.

newsletter

Stay Connected and Informed with Our HOA Insights Newsletter

Stay informed and empowered with our exclusive HOA Insights Newsletter. Join our community of association leaders, homeowners, and management professionals who receive valuable updates and the latest industry trends.