The Ultimate Guide to Successful HOA Management
Homeowners Associations (HOAs) play a crucial role in fostering vibrant and harmonious communities. Successful HOA management requires a delicate balance of effective communication, fair rule enforcement, and robust community engagement. In this blog, we’ll explore the key components of successful HOA management, offering valuable insights for your neighborhood along with making your community feel taken […]
Sharper Management – Why Choose Sharper Video
The video for HOA Members Are you an HOA board member looking for a new property manager, or in an association that needs just a little bit better care? If so, perfect! I’m here to help. I’m Grant Peterson, the Director of Client Care here at Sharper Management, and I’m here to tell […]
Board Training Opportunity – October 25th
The next Board Training opportunity is set for Wednesday, October 25th, at 6 p.m. at the Wells Fargo Plaza 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 Insurance Warehouse principal Eric Skarnes, topics will include: […]
Legislative Changes Affecting HOAs
The 2023 legislative session in Minnesota was active, with several significant bills that will impact community associations in the state. Below is an abbreviating listing of those topics. As the laws are further defined and incorporated into daily living in HOAs, we will continue diving deeper into these topics in future newsletters and publications. Marijuana/Cannabis […]
Insurance Market Troubles
The insurance market for HOAs has been volatile, at best, for the last decade. 2023 has been horrendous on a number of fronts. For most associations, premium increases have been somewhere between 20-40%. For some, the primary business/structural policy premium has doubled. And for a rapidly growing number of associations, surprising news of non-renewals has […]
Sharper Welcomes 3 New Staff Members
In addition to the growing number of new clients in 2023, Sharper is pleased to add three new-to-us, but experienced-in-the-industry, staff to our already strong stable of community managers. Joining as portfolio managers, we welcome Steven Smith, Josh Fuhreck, and Kimberly Schlauderaff. Kim brings 20 years of property management experience and holds industry designations of […]
Sharper Management Welcomes Ravinia Neighborhood Association
Sharper Management is pleased to welcome the Ravinia Neighborhood Association as a full-service client. Effective April 1st. This expansive Lennar-built masterplan community consists of 445-single family homes resting on the east end of Corcoran, bordering Plymouth. The community features winding walking trails, a lovely community pool, and a Club/Pool House available for private rentals to […]
Sharper Gives Back
Sharper Management is happy to have recently provided a gift to Ruff Start Rescue with the proceeds from the 6th Annual Sharper Scramble Golf Tournament, which was held earlier this summer. Each year Sharper chooses a cause or organization that will be the benefactor of this annual event. Ruff Start is a wonderful organization that […]
Dues Increases – No Resident Wants It, But Every Association Needs It
Most Associations have a traditional calendar fiscal year (January-December), which means soon we will be entering budget season for 2023. Back to basics, your operating budget is what sets the “dues” amount that people will pay each month/quarter/year. Each Association is different in what they are responsible for funding, but operating budgets should account for […]
Association Funds: Operating vs Reserve
Since most associations are on a calendar fiscal year, your Board of Directors and Management will soon start working hard to establish your 2023 Operating Budget. This budget, essentially, sets your “dues” – so we thought it would be a timely opportunity to explain the difference between the “operating budget” and funds VS the “replacement […]