February sure went quickly this year, but there was planty to talk about, despite the short month (and a whole lot of cold!). This week we saw debates over management company size, social media usage, construction defects and artificial turf. We've got all the outcomes, plus help identifying warning signs for boards and info on a new program for seniors in California. It all happened this week in Community Association Management!
As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and feel free to share it too!
It's not the size of your management company...
CAM professionals have been debating the merits of large vs small management operations for some time. On LinkedIn this week, people weighed in for both sides. We weighed in with our take on the matter - and it may surprise you.
An entire cottage industry of lawyers have sprung up around Construction defect lawsuits, and many states are conflicted over how to handle them. The builders say the lawsuits shouldn't be allowed in a struggling housing economy still in recovery, but organizations like CAI say that we need them now more than ever to prevent builders from taking shortcuts and getting away with it. Colorado has legislation pending, but some local governments aren't willing to wait, and have taken matters into their own hands.
How's Your Marketing?
As a reader of the Mashup, you've already proven you're pretty savvy. So you know that between web sites, blogs, and social media, there are a lot of ways to get the word out about your management services. But it might surprise you to learn that the vast majority of management organizations are NOT using these modern tools. We've got the stats on social media adoption in the community association management industry, and they aren't pretty.
Keep Your Home California
If you're managing an association with senior citizens in California, here's a helpful new program: “The Reverse Mortgage Assistance Pilot Program, organized by Keep Your Home California, will help eligible seniors manage their delinquent expenses, including property taxes and homeowner's insurance, and provide as much as $25,000 in assistance. The program will also provide up to 12 months of additional assistance for future property expenses.” Time will tell if this will also include helping pay HOA dues!
Are the boards in the communities you manage running into the same exact problems over and over again? “Is this just bad luck or something more that should be viewed as a warning sign of potential trouble?” Find out here!
Imagine a gorgeous, evergreen lawn that never needed to be fertilized, watered or cut. Sounds like a dream, right? Well, many homeowners in Southern California have made that dream a reality by turning to turf lawns. Ya know, the stuff on putting greens? It's great for the environment (especially in drought-stricken California) and indistinguishable from regular grass. But some HOA’s still don't allow it. With a new bill on the horizon, could this trend become a standard?
Do You Have Big News This Week?
If you've got big news that would be relevant to other CAM professionals, please share it with us in the comments below!