The board is the backbone of the HOA. It is responsible for making, executing, and enforcing decisions as well as rules and regulations that govern the community. It is important to have a strong board in place to keep the HOA running smoothly, efficiently, and effectively. When there is not solid leadership, more problems often arise and residents are on edge.
So, what can the HOA do to create a board that works in the best interest of the community?
- Get the right people in the right positions.
Attracting interest for board membership can be tough because it is a big commitment and responsibility. However, it can be very rewarding to know you are helping to shape and guide the HOA and its future. The HOA should be scouting for potential candidates for the board throughout the year. Make sure residents know what each role entails, and encourage people to ask questions if they have an interest in holding a position. Try to drum up interest from people who are active at meetings, share good ideas, have desirable skills, and would be a strong asset to the HOA board. Encourage members to carefully consider each candidate when voting to decide who is the best fit.
- Increase training.
There is always room for growth as a board member. No one can possibly know everything. Seek opportunities to attend seminars or workshops, take classes, or participate in other professional development activities. While no specific certifications, licenses, or training are required to be part of the board, ongoing education and training are essential for each role. Having a wide range of training when it comes to running an effective HOA and working with homeowners can pay off.
- Partner with a property management company.
There is a lot of work that goes into running an HOA, and hiring professional help can be a huge benefit. Not only do property managers have in-depth knowledge regarding HOAs to help guide decision making, they can also take a lot of stress off of the board by handling a variety of daily tasks such as communications, collections, and vendor relations. This can allow the board to focus on more pressing issues that cannot be delegated. It can be helpful to have an experienced team supporting the HOA and empowering the board to work as effectively as possible.
Kuester Management Group works with HOAs throughout the Carolinas to assist boards in creating communities that residents love to call home and where strategies are in place to protect property value. Contact Kuester today to learn more about the benefits of working with a professional property management group.