• 081 | Debunking the “HOAs Are Inexpensive & Carefree" Myth

  • Nov 25 2024
  • Length: 35 mins
  • Podcast

081 | Debunking the “HOAs Are Inexpensive & Carefree" Myth

  • Summary

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    Think HOAs are carefree & inexpensive? Join Robert & Julie as they course-correct this common HOA myth, highlighting communication tips & financial realities.
    ✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

    Are you under the impression that HOAs are inexpensive and carefree? Think again. In this episode, we challenge this common HOA myth and provide practical strategies for board members and homeowners to improve understanding and engagement.

    Julie Adamen and Robert Nordlund emphasize the importance of consistent communication, tools like welcome packets, and new homeowner orientation sessions. They discuss strategies for promoting transparency, educating homeowners about association finances, and using AI-powered short videos to enhance community communication. Learn why board member visibility and accessibility are key to fostering trust and why consistent communication is essential to bridge gaps in understanding.

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    Chapters
    00:00 The HOA Stereotype Isn’t True
    03:18 Listener Question - How to Curb Homeowner’s Thoughts That HOAs are Inexpensive
    04:40 Clarifying the Non-Profit Nature of Community Associations
    08:50 Effective Communication and New Homeowner Orientation
    14:02 The Tradeoffs of Being in a “Carefree” HOA That Isn’t “Free”
    21:58 Ad Break - Community Financials
    22:29 What Board Members Can Do to Help New Owners Understand the Costs of Associations
    29:20 Long-Term Efforts to Change Perceptions

    The views & opinions expressed in this program are those of the Hosts & Guests, intended to provide general education about the community association industry. The content is not intended to provide specific advice or recommendations for any individual or organization. Please seek advice from licensed professionals.

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    Connect with Hosts on LinkedIn

    Julie Adamen
    https://www.linkedin.com/in/julieadamen/

    Kevin Davis, CIRMS
    https://www.linked...

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