Coming Home Magazine

Summer 2023 Coming Home Magazine

Issue link: https://www.cominghomemag.com/i/1499105

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1. You'll have a hand in protecting your investment. Many people buy into a community with an HOA because of the consistent property values. What does it take to keep a neighborhood looking and working at its best? It's usually the effort and willingness of the board. Tasked with protecting, maintaining, and enhancing your most important investment, as a board member, you'll be directly involved in preserving the community's appearance and standard of living. 2. You can make a difference. An association's core purpose isn't buildings, rules, or money, but helping people and improving the neighborhood. The majority of board members are in leadership positions because they want to make a difference—very few members act for self-interest and continue to be elected. If you truly care about your neighbors and want to make real, long-lasting change, then you likely have what it takes to be a great board member. 3. You can create meaningful connections with your neighbors. It's a fact: tight-knit communities where neighbors know one another have fewer conflicts, open communication, and a positive culture. But this coveted unity and camaraderie doesn't come naturally. Board members are responsible for cultivating togetherness, which means they spend a lot of time building and nurturing relationships with neighbors. However, it takes more than just chatting at the mailbox; people want to see the faces of leadership, so board members must communicate regularly, solicit feedback, host events, and engage in meetings. This constant interaction gives you a prime opportunity to connect with neighbors and make them—and you—feel right at home. 4. You may improve your professional and leadership skills. Believe it or not, overseeing an HOA carries with it many of the very same duties as overseeing and running any other company. Just like business executives, board members are leaders and have to manage money, negotiate contracts, speak publicly, solve problems, and conduct meetings. It's a professional role where you can hone skills that are transferable to almost any industry or field. 5. You might learn more than you think. Although board members aren't expected to be association experts on their first day, they must be well-versed in various aspects of the HOA industry and beyond. To lead effectively and make educated decisions, board members need to get familiar with local and state laws, understand how to balance a budget, know a thing or two about maintenance, and so much more. Luckily, many management companies host seminars and provide ample educational resources and materials. Plus, you may be able to rely on the pros to share guidance about their areas of expertise. If you have a learning mindset and would like to expand your knowledge, adding your name to the next election ballot might be a good idea. 6. You can find fulfillment. It's no secret that serving on the board is challenging. However, it can be fulfilling (and fun!), too. Nothing beats the feeling of accomplishment after achieving a goal, the sense of pride that comes from boosting quality of life, and the joy of watching the community grow under your direction. It's a one-of-a-kind experience with a priceless reward. 7. You can add it to your resume. While serving on the board is a voluntary position, it's also an indicator of success on a personal resume. Contributing time, talents, and energy to help the association, board members earn the advantage of using that experience to support their career growth. That's right: serving on your HOA board can give you a competitive edge. Mentioning you're on a board of directors will showcase your leadership skills and business acumen, and highlight your dedication and generosity. "The majority of board members are in leadership positions because they want to make a difference." 35

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