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Real Estate News and Advice |
November 13, 2009 |
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Homeowner Association Manager Indicators
by Richard Thompson
HOA managers partner with the Board. The Board has the ultimate authority to enact policy, file lawsuits, sign contracts, enforce rules and collections, hire and fire the manager. But usually, these tasks are assigned to the manager for execution. Good teamwork and communication will make this partnership work best. Professional HOA managers perform many functions based on contract and routine. Like most professions, some are better at it than others. The scope of work is daunting and challenging. The job can be like juggling bobcats and chainsaws. The HOA manager’s day is packed with nonstop activity which can run the gamut of topics and intensity. From the routine to the extraordinary, it’s all in a day’s work. And this activity doesn’t end at 5 pm. There are the night meetings and after hour emergencies. It’s a 24/7 job. HOA managers are a special breed. But there are character traits and ways of doing business that make some HOA managers much more effective than others. The following key indicators touch on significant aspects that make or break the effective HOA manager (or HOA management company). Check the appropriate boxes as they apply to your manager:
(Just to make sure you were paying attention, two of the questions had NO answers.) Total the YES and NO checks and compare your score: 1. YES=16 NO=2 -- You have a great HOA Manager. Hang on to him/her like grim death. 2. YES=12 NO=6 -- Manager needs improvement. Sit down and discuss the weak points and get agreement to change or make a change of management. 3. YES=6 NO=12 -- Probably beyond help. Make change as soon as possible. Good HOA Manager and Board relations are clearly more complicated than a Key Indicator Checklist but the topics raised in the checklist can often make or break that relationship. Heed the warnings before it’s too late. For more on this topic, see www.Regenesis.net Published: May 7, 2003 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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