Much of the heavy lifting completed by HOA’s is done by a handful of people. As these people are typically volunteers and have their own full-time jobs to attend to, getting burnt out is not uncommon. Therefore, we have compiled a list of simple strategies to implement to ease of the burden of drained board members and keep the HOA running smoothly. More importantly, secure your entire operation with a customized LA HOA Insurance package.
Creating committees for different issues can release some of the pressure on the main board member participants. Entice more members to get involved to feel like they’re making a difference in protecting their investments. In addition, as more people become familiar with the HOA regulations and processes, more people can step up if something goes awry.
Limit the number of board members.
If you don’t have to keep 10 board members, don’t. Have the smallest board your state will allow to reduce the stress, personality clashes, and organization needed to maintain consistency throughout the HOA.
Break up positions.
Too much commitment scares people away from the board. However, by breaking up larger jobs into smaller pieces, people are more likely to want to volunteer. Rather than have one person focus on one major facet of the HOA, such as policy making, divide this task up between various members. This will make the whole process less daunting and prevent burnout.
Hire a manager.
Preventing burnout is much easier said than done in some circumstances. For those instances, it may be worthwhile to hire an HOA management company to oversee regulations, safety, and policymaking.
“One of the primary reasons you need management is to take the workload off the board,” explains James Donnelly, president and CEO of Castle Group, a property management company in Plantation, Florida to HOA Leader. This can lessen the burden and give worn out board members a chance to recoup.
About Scott Litman Insurance Agency
At Scott Litman Insurance Agency, we are dedicated to protecting HOAs like yours. We have a unique understanding of the industry and the common risk exposures that you face in your daily operations. In fact, we find that 90% of the policies we review are missing coverages that violate the Covenants, Conditions, and Restrictions (CC&R), exposing the board, HOA and management to lawsuits – which is why our comprehensive policies are tailored to meet your specific needs at competitive prices. For more information about our products, contact our experts today at (855) 999-4505, or fill out our online form.