Thursday April 16, 2015
You’ve just been elected to your Homeowners Association Board, Congratulations! Now it’s time to become more educated. Are you ready to go back to class? Here’s why you should be.
1.You’ve got a big responsibility.
Board Membership is bigger than just your position. You have a fiduciary obligation to could affect a multi-million dollar organization. It’s important that the decisions you make are based on a solid foundation of knowledge. Yes, your character will serve you well, but you’ll need to complement that with a complete understanding of the inner workings of what makes a homeowners’ association thrive.
2. You’ve never done a job like this before.
You most likely have an abundance of professional and personal experience that qualifies you for your role as a Board Member. That’s probably what got you elected in the first place. But any experienced Board Member will tell you that this is a job like no other. It comes with challenges that you just don’t experience anywhere else. With that being said, there’s also an extensive list of regulations, rules and laws you should be familiar with (which means that even experienced Board Members should hit the books every once in awhile to
stay current).
3. You’ll meet the right people.
A good property management company will offer Board Member classes that benefit you in many ways. They will do more than simply serve an educational purpose. They’ll also serve as opportunities to meet important professionals you’ll need to interact with on a regular basis. Many of these individuals include: attorneys, insurance professionals, accountants, landscapers and more. Talking to these individuals can give you the chance to learn more about their professions, and how they affect your community. They also represent vendor groups that you’ll be interacting with on a regular basis.
4. It’s usually free.
With the support of an
experienced property manager, you should be able to find free classes and seminars. When you think about it, it makes sense that the best property management companies want to partner with you for your success, so they’ll dedicate themselves to helping you find the right kind of educational opportunities.
Many of these are offered in the evenings, so that it’s easier to fit into your schedule. And for the most part, they’re held at locations that are pretty convenient, too.
5. It’s the right thing to do for your community.
This is the whole reason you became a Board Member, right? Doing well by your community is something you care about. And learning more about your role as a Board Member will give you the tools to do just that. Enhanced knowledge and skills will support your confidence in doing well in this position. Knowledgeable Board Members help make strong communities. And that happens through education. To find out more,
contact FirstService Residential.