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Management

/ Owner - June 20, 2012

Management – General

  • HOA Homefront: Should HOA managers be licensed real estate brokers? (CA) May 9, 2025
    The final piece of our 2025 legislative review discusses Assembly Bill 739, which proposes to require HOA managers to be licensed as real estate brokers. Seven states currently require manager licensing: Alaska, Connecticut, Florida, Georgia, Illinois, Nevada and Virginia.   Read the article…………………………….
  • Technology Trends Reshaping HOA Management: A Look Into the Future of Community Operations April 14, 2025
    The world of homeowners association (HOA) management is evolving rapidly, and much of that transformation is driven by technology. As communities become more interconnected and residents expect faster, more transparent service, HOA management companies are turning to digital tools to meet modern demands. These advancements are streamlining operations, improving communication, and raising the standard of service across the board.   Read the article…………………………….
  • Community managers say these are the top issues impacting their associations April 12, 2025
    What are the biggest issues impacting your community association? We’d be willing to bet that money is at the top of your list.  According to an independent survey conducted by Condo Control, increased costs is the top concern for 31% of communities.  30% are troubled by the fact that there is just too much work to do. Hiring more staff would help resolve this issue, but most communities don’t have that much wiggle room in their budgets.    Read the article…………………………….
  • How Self-Managed Communities Manage Their Business (NV) March 13, 2025
    One of the certainties of living in a co-op, condo, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active role in the governance and management of their communities. In addition, many buildings and associations contract with a management company to help execute their boards’ decisions and handle the day-to-day supervision of the property.    Read the article…………………………….
  • Why Large-Scale HOA Communities Are Reshaping Property Management—And What It Means for the Future February 27, 2025
    The housing development landscape is going through a period of significant transformation. Large-scale residential complexes and planned communities are redefining the HOA environment. These expansive neighborhoods, designed to address nationwide housing shortages while simultaneously allowing real estate developers to maximize returns, are reshaping the world of community association management.   Read the article…………………………….
  • Condo managers stay on toes with changing times (MD) February 27, 2025
    When an arctic vortex sent temperatures plummeting across Ocean City overnight, property manager Kelly Quinn suddenly had to deal with a dozen condo units flooded out at an uptown condo building because the pipes froze and burst.  After dealing with the fire department, she had to break the bad news to the owners – and then once more, the next winter, when it happened all over again.      Read the article…………………………….
  • How Self-Managed Communities Manage Their Business: Staying Smart & Solvent February 20, 2025
    One of the certainties of living in a condo, co-op, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active role in the governance and management of their communities. In addition, many buildings and associations contract with a management company to help execute their boards’ decisions and handle the day-to-day supervision of the property.   Read the article…………………………….
  • Top 5 Trends in Community Management for 2025 February 18, 2025
    Community management is constantly adapting to new challenges and opportunities, making it crucial to stay informed about the latest trends.  With that in mind let’s take a look at 2025’s top five trends shaping the industry, along with examples, statistics, and ideas for integrating these advancements into community management practices.   Read the article…………………………….
  • The Insidious Effects of Hurrying in Community Association Management February 18, 2025
    In today’s fast-paced world, the pressure to accomplish more in less time has created a culture of “hurry sickness,” a term coined by cardiologists Meyer Friedman and R.H. Rosenman in 1974. This condition, characterized by chronic rushing, impatience, and a sense of time scarcity, poses serious risks to both individual health and organizational success.   Read the article…………………………….
  • How Self-Managed Communities Manage Their Business Staying Smart & Solvent (NJ) February 6, 2025
    One of the certainties of living in a co-op, condo, or HOA is that despite all having an equal stake in the financial and administrative success of the building or association, only a small percentage of residents choose to take an active role in the governance and management of their communities. In addition, many buildings and associations contract with a management company to help execute their boards’ decisions and handle the day-to-day supervision of the property.   Read the article…………………………….

Management – General Archives

Management Contracts

  • Unique Challenges of Managing Multiple Properties April 9, 2025
    As an experienced property management team, we understand the challenges and nuances of managing multiple properties simultaneously in a popular rental area such as the Greater Boston region. Juggling multiple properties in terms of finances, upkeep, tenant turnover, and compliance issues can be stressful.   Read the article…………………………….
  • Understanding Management Fees: Minding the Bottom Line March 26, 2025
    Among the many factors necessary for multifamily residential buildings to achieve financial stability, proper budget planning, compliance, and trust among shareholders, effective fee management is one of the most important. Understanding the billing structures property management companies use with different client communities can help determine which one is the best fit for your particular building or HOA.   Read the article…………………………….
  • 11 Essential HOA Management Questions to Ask Before Hiring March 20, 2025
    Choosing the right HOA management company is crucial for ensuring your community runs smoothly. The right partner will handle daily operations, financial management, and homeowner relations—all while helping to maintain property values. However, with so many options available, how do you determine the best fit for your community? Asking the right questions during the selection process can help your HOA board make an informed decision.    Read the article…………………………….
  • Michigan Court of Appeals Confirms HOA Board’s Right to Hire a Property Manager March 13, 2025
    The Michigan Court of Appeals recently reaffirmed that a homeowners association (HOA) board has the authority to hire a property management company for compensation, even when an HOA’s bylaws state that “agents” must serve without compensation. In Neuman v. Long Lake Shores Association, the court clarified that the term “agent” does not extend to third-party vendors hired to assist in managing an HOA’s affairs. This ruling confirms that HOA boards retain broad discretion to hire outside management companies unless expressly ...
  • The Challenge of Profitability in Management Companies March 11, 2025
    This month, CAM Leadership Institute’s CEO Adam Balkcom had the opportunity to sit down with Matthew Davidson, COO of Action Management, for an upcoming CEO Group Mastermind training. When discussing management company profitability, he made a statement that resonated deeply: “Profits in this industry are like threading a needle. They are thin.” To achieve long-term success, every driver of revenue and expense must be carefully managed with precision. The era of loosely run operations yielding steady profits is behind us.  Read ...
  • Requirements for NC Real Estate Brokers That Manage Associations March 1, 2025
    Community managers of larger homeowner and condominium associations often hold professional designations that demonstrate their expertise and experience in managing association responsibilities. These credentials signify specialized training in financial oversight, legal compliance, and operational management, ensuring associations are efficiently and ethically managed.   Read the article…………………………….

Management Contracts Article Archives

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