The Most Critical Reports an Association Management Company Can Utilize through Association Software
Homeowners Association (HOA) software offers many useful features. As an HOA manager, the right association software can dramatically improve your business. Association software gives you the tools you need to manage all your clients’ resources. This includes the HOA’s finances and other critical information needed for regular reports. Reporting to the HOA board is one of your key responsibilities as an association manager. Reports assure the client that you’re performing your duties well and doing everything you can to help their HOA thrive. Additionally, the information in an HOA report can help you and your clients identify the association’s strengths … Continue reading
The Benefits of Association Software for Maintenance Tracking
Association software offers multiple benefits for maintenance tracking. Each of these unique benefits makes your job as a homeowner association (HOA) manager much easier. Association software helps you streamline your business and provide better service for your clients. Maintenance tracking features in software like CINC Systems will enable you to work more efficiently than ever. Maintenance is a very important part of any HOA. Whether it’s a large association with hundreds of members and multiple community spaces, or a smaller HOA with basic facilities, there’s a lot of upkeep involved. As an HOA manager, it’s your responsibility to ensure that … Continue reading
What are HOA Ordinances?
Ordinances play a vital role in shaping a home homeowners association (HOA). As an HOA manager, you’ll need to understand what ordinances are and how they work. In a nutshell, an ordinance is any law or regulation enacted by a municipal body. Ordinances cover a wide range of topics that affect HOAs, from rules about architecture to home businesses. Learning about HOA ordinances is important so you can deliver the best services to your clients. Association managers often act as consultants for their clients, providing the HOA board with guidance about new projects or other aspects of community development. Knowing … Continue reading
Top 6 Winter Maintenance Tips for HOAs
Are your clients’ homeowner associations (HOA) prepared for winter? If you’re an HOA manager who works in a cold climate, falling temperatures and inclement weather can introduce new challenges. Winter storms can cause property damage, interrupt services, and create many problems for HOAs and their residents. To ensure that your clients make it through the winter without issues, you’ll need to help the HOA with winter maintenance. So start tracking the weather and get ready to assist the association with snow-proofing and rain-proofing. With the right maintenance plan in place, life in the HOA’s community can continue uninterrupted. Give your … Continue reading
The 4 Best Task Management Apps for Association Managers
When you manage a homeowners association (HOA) or a condominium association (COA), it’s important to stay organized. HOA/COA managers perform a number of daily tasks for their clients. By using the best task management apps for association managers, you’ll be able to stay on top of your work and streamline your operations. If you’re not already using a task management app for your HOA/COA management business, you’re missing out. Task management apps are vital to any business, however, association managers will gain tremendous benefits from using this type of software. When combined with association management software like CINC Systems, a … Continue reading
Proxy, Quorum, Recuse? What Does it All Mean? – HOA Lingo
Do you know what a quorum is? What about a motion or a proxy? Although you don’t need to be fluent in “legalese” to be a homeowner association (HOA) manager, there are several common terms you need to know. Understanding HOA lingo will streamline your business and improve how you communicate with your clients. Smaller HOAs are often less formal and won’t be so stringent about using proper terminology, while others may make you feel like you’re speaking a foreign language! When you’re running an HOA management business, you need to be able to handle all kinds of clients. Be … Continue reading
How to Help Your Clients’ HOAs Prepare Annual Budgets
Each year, a homeowner association (HOA) sets an annual budget. This covers operational costs, projects, upgrades, and maintains the HOA’s reserve fund for emergencies. The HOA’s annual budget is set by the association’s board and voted upon by members. As an HOA manager, it’s not your responsibility to create an annual budget. However, you may be called upon to assist your clients in an advisory capacity. Your experience and expertise with association finances place you in a unique position to make recommendations for budgeting. So how can you help your clients’ HOAs prepare their annual budgets? Here are some ways … Continue reading
How HOAs Can Help Reduce Costs, Increase Efficiency and Add Property Value
There are several ways a homeowner association (HOA) can reduce costs, increase efficiency, and add property value to the homes in the community. As an HOA manager, you can assist your clients with these endeavors. HOA managers often act as trusted advisors to the association’s board members, so your input can help guide their decisions for improving the HOA. Why is it important for you to know how HOAs can increase property value, improve efficiency, and reduce costs? When your clients thrive, so does your association management business. Helping the HOAs you manage to become better communities will reflect positively … Continue reading
HOA Dues Vs. Assessments: What’s the Difference?
When you manage a homeowners association (HOA), one of your key responsibilities includes collecting money that is owed to your clients. For most HOAs, the majority of income comes in the form of dues and assessments. These fees support the association’s day-to-day operations, pay for big projects and upgrades, and build the HOA’s reserve fund. But what is the difference between dues and assessments? If you’re new to HOA management, these terms might confuse you. Both dues and assessments refer to fees that residents pay to the HOA board. However, the circumstances surrounding each type of fee determines whether it … Continue reading
Is Association Management Software Only For Managing Homeowner Associations?
Association management software is for more than just managing homeowner associations (HOAs) and condominium associations (COAs). With association management software like CINC Systems, you gain a valuable tool for running your business, not just managing your clients’ HOAs/COAs. Association management software also offers great accounting features. When you choose the best association management software for your company, you can optimize your workflow and increase efficiency several times over. In many ways, HOA/COA software is like having multiple employees rolled into one. Your association management software can help you with daily tasks, client communication, accounting services, and more. The right HOA/COA … Continue reading