HOAs often have many different committees to help maintain standards throughout the community. One possible committee is the architectural review committee, which helps homeowners understand what types of changes to their home and yard are, and are not, allowed. If you are considering starting an architectural review committee, check out these three benefits. Continue reading
A healthy HOA has a good relationship with the community manager. Usually, this means the board and the community manager work well together to help improve the neighborhood. Whether you are a member of an HOA board or a community manager, these three tips can help improve relations to make a more enjoyable community. Continue reading
Homeowners associations (HOAs) and property owners associations (POAs) are easy to confuse because they are similar in nature. If you are considering starting one, but don’t know which to choose, check out these three facts that will help you understand the difference.
POAs Are More About the Property
To start an HOA within a neighborhood, you need to actually have homes or condos (or other dwelling units). The homeowners become members of the association and work together to make the neighborhood better. On the other hand, POAs are more about the property. You can have a POA that is nothing but empty lots. In this instance, it’s the property owners who become members of the association. HOAs can be found in just about any neighborhood from urban to suburban, but POAs are often started around a landmark, such as a lake or golf course, in hopes that people will buy the land for its location.
HOAs and POAs Can Be Very Similar
HOAs always rely on a board, and a list of rules and regulations that specify how the neighborhood is run, and homeowners must follow the guidelines. They usually have to pay monthly fees and get approval for many decisions, such as exterior paint color. Not all POAs have rules and regulations the way HOAs do, but in other cases, a POA may be run almost exactly like an HOA with rules and fees. It varies from POA to POA.
POAs Often Offer Networking and Educational Services
HOAs are all about the neighborhood, which is why they have rules and regulations. The goal of the HOA is to create a pleasant and inviting neighborhood that people want to move to. The HOA wants to encourage people to move into the neighborhood, but they aren’t too worried about the real estate market outside of their neighborhood. A POA, however, looks at the larger scale. They’ll often offer education, networking and other opportunities in an effort to boost and support the local real estate industry. A POA can consist of homeowners, property managers or business owners.
Both HOAs and POAs can create pleasant and enjoyable places to live. For neighborhoods with actual dwellings, an HOA is a great choice, but for areas with many empty lots, a POA is the better choice.
AssociationVoice offers a top of the line tool for HOAs and has a value for POAs as well.
If you are a community manager, board member or anyone who helps run a neighborhood association, knowledge is your biggest ally. Finding the information you need, however, can be difficult. These four resources are great places to get started and won’t waste your time. Continue reading
Board meetings are an important part of any HOA. As long as everyone stays on topic and works together, it’s smooth sailing, but when things go wrong, it can make meetings long, unproductive and useless. Here are some suggestions on three common problems that cause board meetings to go bad. Continue reading
Sometimes there isn’t enough time in the regular work week to get everything done. You may have a sudden influx of extra work, or turnover/employee vacations may mean you are short staffed. When this happens, you may need your employees to work longer hours, which means you may need to compensate them for their extra time with overtime pay. Continue reading
Some positions offer commission based on what was sold. For example, if a community manager sells a condo, they may get paid a commission for the sale. Deciding to offer employees commission is a big decision, so check out these three important facts.
100 Percent Commission Offers No Stability Continue reading