Reserves, smaller boards, private clouds, statistics galore, and transformational technologies—it's 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!
A new report from IREM has all sorts of new helpful statistical information, such as the fact that community associations' reserve funds have increased by 66% in the past 5 years. Read more on the report here.
Is smaller better?
We are talking about board size. Is a smaller board more efficient? Are larger boards just full of dead weight? Has Apple got it figured out and smaller boards are the key to success? I’m not sure there is a clear cut answer to this, but this article takes a look at how a smaller board may lead to better decision making and productivity.
Still have reservations about utilizing the cloud for your Property Management Company? I understand your concerns due to recent data breaches but there is another solution to put your mind at ease. The answer: Private Cloud Hosting!
Fresh Baked Marketing Approach
Looking for a fresh approach to marketing your Property Management Company? Instead of printing more postcards, one tech company turned to the kitchen for a fresh baked approach. RealScout whipped up a few batches of cookies and hand delivered them to their current customers and prospects. The plan was a total success!
Real Estate stats of 2014
“There are roughly 133,026,000 housing units in the United States. The combined value of these homes is around 25.7 trillion! That’s more than the combined GDP of the entire European Union.” This and other interesting stats here!
As a microcosm of the world at large, the community association management industry has undergone some transformation of its own. In his session at the CAMfire conference in St. Petersburg, Florida, Kevin Ergenbright demonstrated the transformational technologies that defined community association management in the past, and explored the technologies that will transform the future of the industry.
If you've got big news that would be relevant to other CAM professionals, please share it with us in the comments below
Since receiving her BS in Marketing, Brianna Sturm has perfected the art of event management. She uses her powers for the greater good in her role as executive assistant to Mike Hardy, President of TOPS Software. Bri is also the official morale officer at TOPS. When she's not posing with fake mustaches and glasses, she keeps everyone upbeat with her humorous poetry readings.