In our personal lives, the new year brings a clean slate and a fresh start, and the same could be said for the way that your community approaches homeowner’s association management.
Many HOA boards are getting together this time of year to reflect on successes and failures over the past 12 months. Here are several resolutions and goals that every HOA could benefit from setting for 2018:
- Be proactive with repair needs.
One of the inevitable aspects of homeowner’s association management is making improvements, repairs, and replacements to amenities and common areas within the community.
Proactively anticipating repair needs and making the improvements with minimal disruption to residents’ use of the amenities is key. Equally as important is ensuring that you have the funds in place to cover anticipated repairs and improvements. Our homeowner’s association management company can help you with long-term reserve planning to best prepare for future improvements.
- Bring everyone up-to-date on governing documents.
When was the last time your HOA board reviewed the community’s governing documents? Being familiar with what the governing documents entail will help get everyone on the same page with running HOA board meetings, governing the community, making amendments, and holding future elections. If it’s been awhile since your community’s governing documents have been updated, it may be time to revisit this.
- Form HOA committees.
Are HOA board members feeling too bogged down with their responsibilities? The start of a new year is the perfect time to form HOA committees to offer support to board members. Make a point to recruit committee members within the community to assist with tasks such as rule development, maintenance, social planning, and more. The more active you can get residents to be with the HOA, the stronger your community will be.
- Offer educational opportunities for HOA board members.
The more educated and informed that your HOA board members are about governing the community, the more effective your board will be. Consistently look for opportunities for HOA board members to improve their homeowner’s association management knowledge. Joining a state or national Community Association Institute chapter is a great way to gain new knowledge.
We want to make 2018 the best year year for your HOA. Our team at Vesta Property Services has been partnering with Florida residential communities for more than 25 years to provide valuable homeowner’s association management services. Contact us to learn more about how we can offer support and advice to your HOA community.