Serving on an HOA Board provides a way to
take an active role in maintaining your community’s value, security, and
aesthetics.
In this position, with a wide range of personalities and
perspectives -- not to mention a detailed set of regulatory guidelines to
adhere to -- it can become challenging to accomplish what you set out to do
when you initially volunteered.
To be a successful HOA board member
requires a specific set of traits like these listed below:
1. Goal-Oriented: Setting goals in work and life help do to
more because there is a formal list of things you want to get done or where you
want to make certain improvements. It involves looking ahead and making plans
that guide the intended results.
That same trait can be
useful in the association management setting to focus on each quarter and year
to make your community better. For example, if you set property maintenance and
amenity upgrade goals that align with your available resources, then you will
spend more time enjoying the community rather than dealing with a costly repair
crisis.
As a board member,
work with other members to establish a clear vision to complete quarterly
goals. Include community members in getting feedback on what they would like to
improve or change.
2. Financially Literate: With a
significant inflow of monthly association dues, a board member must manage and
budget that money in a way that ensures a fiscally healthy community. That
means you need to know how to oversee financials, maintain cash flow and
reserve funds, and make sound financial decisions about how and where to spend
money.
The level of financial
knowledge and skill necessary is akin to what’s required to operate a business.
And, like a business, you will have stakeholders (community members who pay
their monthly dues) to answer to about how you spend their money.
Before taking on the
role of an HOA board member, it’s a good idea to increase your financial
literacy through an online course, books, and/or workshop. You can also learn
from others in the property management industry that hold classes about HOA
financial management.
3. Open-Minded and Flexible: No one has
been successful in business by staying the same or sticking with the same
processes that they’ve always used. That’s because everything is changing
around them, and what might have worked well once doesn’t forever. But, if you
are open to change, you’ll be more likely to create an innovative,
forward-thinking HOA.
While an HOA community
often feels like its own world, the reality is that it is part of a bigger
society where trends and changes impact those who live there. For example, with
the advancing importance to be more environmentally conscious, you, as a board
member, should be considering community upgrades like solar panels, LED
lighting, or drought-resistant landscape materials.
Also, being
open-minded means recognizing the value diversity plays rather than seeing the
differences as conflict waiting to happen. Each board member has different
backgrounds and experiences and varied skills and knowledge that they bring to
the table. Appreciating and leveraging these wide-ranging perspectives will
only make your community better.
4. Fair: Emotions often run high among
community members. If they are are dissatisfied with how issues are being
handled, then they will vocalize these to the Board. It’s critical that you are
able to look at situations rather than the people involved in them, using the
Association’s rules and regulations as your decision-making framework.
Knowing how to balance
individual and community needs is integral to board member success because you
are looking to the overriding impact on everyone. That means having the ability
to be firm and tough, yet agreeable and willing to work with members of the
community.
Every situation you
encounter as a board member will be different. You have other board members
that you can confer with as a checks and balances system. And, with the right
property management company partner, you also have an more advisor to help
ensure you have addressed everything fairly.
5. Consistent, Collaborative, and
Communicative: These three traits are important on an individual basis but
even better if you have -- and use -- them all. All three traits can build
trust and understanding with others, including other board members and those in
your HOA community.
As a board member,
being consistent means always delivering information and completing your work
when and where you say. Collaboration and communication involve being
transparent with information related to the community.
Providing regular
updates like newsletters and emails as well as asking for feedback keeps all
community members involved. Also, creating committees that include more
community members is another way to exchange ideas and give everyone a voice.
6. Professionalism: When situations become
heated in a community, members often become angry and take it out on those that
they can see. In this case, that’s board members. As a result, you need to
develop a thick skin and not take these things personal. Instead, in your
leadership role, it’s important to remain professional and courteous to
everyone regardless of what they say.
The best approach is
to stay calm, ask questions, listen to what’s said and, if possible, look to
provide a solution. Look at each community member as a successful business
would view their customers, and you may be able to diffuse the anger and win
them over.
7. Honesty: It’s important to be ethical
in everything that you do as a board member and as a representative of the HOA
community. This means adhering to all the bylaws, covenants, and regulations
that govern the board and the community.
It’s important to
understand and value every legal aspect of your role even if you may not always
agree with every rule. Even outside your board role, it’s important to value
honesty in everything that you say and do because it reflects on your
reputation in the community.
8. Tech-Savvy: You may already be a lover
of gadgets and like to stay current on the latest technology like virtual
assistants, connected devices, and more. At the very least, you must be willing
to evolve with the times as a board member, understanding that technology can
improve community relations. For example, that might mean offering a community
app, digitizing all forms and board paperwork, providing mobile devices like
tablets for board members, and/or using live stream video feeds for board
meetings.
Besides being aware of
what technology is out there, even more beneficial is having a board member who
is savvy enough to understand how it can be used to benefit the HOA. This
includes increasing transparency so everyone is aware of what the board is
doing through shared digital documents and information access. Also, technology
can enhance and speed communication across multiple channels as well as improve
member experience through secure online payments.
Traits in
Action
You can develop and improve these HOA
Board Member traits over time. These admirable traits may get you elected to
the board, and they can influence and enact greater change in your HOA
community.
For more information about
community associations, please visit our website at: AvalonWeb.com


