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The Guide to Solving Common Issues New Board Members Face
A new year around the corner can mean that your HOA’s board is about to welcome in some new board members. Yes, new bodies on a board can bring an exciting chance for new ideas to mold the community, but new board membership also often comes with common issues that can leave Boards and communities frustrated. What Are Common Issues New Board Members Face? In order to have a smooth transition into board membership, it is important to address standard issues early. While you are easing new
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7 Steps to Starting an HOA in a Community
Some community members in a neighborhood may find it’s time to improve community property values and create a homeowners association (HOA) for the greater good of the community. Obviously, a neighborhood can’t just say “We are now an HOA! Please pay your dues.” There’s a process involved that could take months or even years for a neighborhood to become one. While we know there are several details between the lines, here’s a closer look at the major steps necessary for starting a new
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Assessing Maintenance Responsibilities in an HOA
Some owners may believe that their annual or monthly dues cover every aspect of maintenance, but the truth is, keeping an association in top shape falls in the hands of the Board and owners. Every maintenance and repair situation is unique, but it’s important for everyone involved to have an idea of the responsibilities involved when maintenance or repair needs arise. What Are the Different Areas in an HOA Community? Before we delve into the specifics, let’s take a closer look at the actual
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Top HOA and Management Myths That Scare Off Owners
HOAs are popular entities that often garner unwanted attention from potential association owners. There are several unfortunate myths that house hunters tend to listen to that scare them away from the benefits of living in a properly managed association. Don’t let misinformation drive off excellent future HOA members. Trust the team at Excel Association Management to give your board the knowledge it needs to bring in quality and long-lasting members. The Board is Just Power-Hungry An HOA
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4 Ways HOA Management Can Save Your Association Money
Association management is seen as a service that helps control the behind-the-scenes tasks of an HOA. While a management team does help with owner communications and gives the Board great advice for managing an up-and-coming association, we also take as many steps as possible to help your community save money where it can. 1. We Help You Invest in Preventative Maintenance Although preventative maintenance requires some money spent to preserve an investment, it actually saves your
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HOA Management Tips for Planning an Annual Budget
An annual HOA budget helps an association determine how much to charge owners for their annual dues and how much money is available to complete projects and cover emergency situations throughout the year. Your association’s annual budget is likely something that adjusts from year to year. So, taking some time to plan out your community’s finances is essential. While this task may seem daunting to the average board member; the help of your association management team and their financial
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How to Create a Preventative Maintenance Plan for Your HOA
Community maintenance is one of the biggest projects that an HOA board and its management team oversee. Although most HOAs are always prepared for a maintenance need to arise, some can be caught by surprise and experience unexpected expenses. At Excel Association Management, we approach every community we serve with a prepared preventative maintenance plan that works within their projected budget. Here’s a closer look at some of our processes and how your board members can always be prepared
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What Are the Five Different Types of HOA Meetings?
When most people think of HOA meetings, images of a town hall full of excited community members chanting for residential justice come to mind. While most of the HOA meetings a board holds aren’t necessarily as action-packed as depicted in the movies, an HOA’s success really does depend on the decisions made at meetings held throughout the year. If you are a member of an HOA and desire involvement within your community, understanding the meetings that keep an HOA grounded is a great start.
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5 Ways HOA Management Improves Community Property Value
HOA property management teams bring a lot to the table as far as assistance goes with general community services and guiding a Board to making sound decisions. While HOA management services offer direct improvements to a community, there are several ways our efforts can help improve property value in the long term. Here’s a closer look at how Excel Association Management can improve your association from the inside out. Quality Vendor Services An association is only as good as the vendors
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5 Reasons You Need a Condo Management Company
Many people across Texas enjoy living the condo lifestyle. However, leadership styles range, and those with only a volunteer board on their side may require a little extra help for success. If your association is feeling a little stale and needs some rejuvenation in its system, here are five reasons why your board should hire a COA management company to bring organization to your community. Less Stress for Volunteer Board Members Your COA’s Board of Directors is made up of elected volunteers
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