Successful Sharper Management Board Training
The last Sharper Management Board Training session for 2022 was a tremendous success. Hosted October 26th, Sharper welcomed 40 Board members from 28 different associations, including two new clients and two prospective clients, for a 90-minute session on the timely and complex topics of Insurance and Financials. The session capped off a fantastic 2022 quarterly Board Training year that saw nearly 200 total attendees. Watch for the 2023 training schedule to be announced next month. The first opportunity will be in January.
Board Training – Section II – October 26
The second section in Sharper’s Board Training program is scheduled for Wednesday, October 26th, 6 p.m. at the Wells Fargo Plaza located at 7900 Xerxes Avenue in Bloomington. This free 90-minute session will focus on financials and insurance. Led by Sharper’s director of business development and education, Josh Reams, – and president of Insurance Warehouse, Eric Skarnes – topics will include: Insurance Basics: Defining Policy Types & Coverages Understanding Deductibles Marketplace Update Financial Fundamentals: Setting & Managing Operating Budgets Reserve Fund Requirements Understanding Reserve Studies Basic Financial Reports Audit/Review & Tax Requirements If you are interested in reserving your spot for this free training opportunity, email clientcare@sharpermanagement.com
Board Training Opportunity – Section II – April 20th
The second section in Sharper’s Board Training program is scheduled for Wednesday, April 20th, 6 p.m. at the Wells Fargo Plaza located at 7900 Xerxes Avenue in Bloomington. This free, 90-minute session will focus on financials and insurance. Led by Sharper’s director of business development and education, Josh Reams, and president of Insurance Warehouse, Eric Skarnes, specific topics will include: Insurance Basics: Defining Policy Types & Coverages Understanding Deductibles Marketplace Update Financial Fundamentals: Setting & Managing Operating Budgets Reserve Fund Requirements Understanding Reserve Studies Basic Financial Reports Audit/Review & Tax Requirements If you are interested in reserving your spot for this free training opportunity, email clientcare@sharpermanagement.com
What Makes a Great HOA Board Member?
HOA board members take on a lot of responsibility, and it’s important for your board to be made up of qualified individuals. Whether you’re voting for new members or want to serve as one, here are some traits that make a great HOA board member. Enjoy Volunteering First of all, board members need to enjoy the volunteer work they’re doing. Being on the board involves time and patience, so members need to serve the community without expecting something in return. Take the Role Seriously The decisions that the board makes impact the community, so the role needs to be taken seriously. You’re protecting the investment of homeowners, and they’re counting on you to make the right decisions. Be Consistent Part of your responsibility as a board member is enforcing the rules. Being selective about which rules are enforced makes the entire board look unprofessional and can upset homeowners. Be Empathetic Sometimes you have to make tough decisions that won’t make everyone happy. It’s important to stay positive and understand where residents are coming from with their frustrations. They will appreciate having someone to truly listens to their concerns. Cooperate & Collaborate Even if you vote against a motion and it passes, stand united with the board and support the decision. You’re here to serve the community, not yourself. In addition, it’s important to understand that you are always working as a unit, and in order to do so, you’ll need to work well with others. Be Detail-Oriented A strong board member will understand the governing documents in order to have efficient meetings and make the right decisions. Attention to detail and ability to look at the small picture will ensure nothing gets missed and rules are being followed. Sharper Management’s mission is to provide common interest communities the highest quality management services through a culture of communication, teamwork, and growth.