Technology continues to scream forward at an amazing pace – is your HOA keeping up and using technology for maximum benefit to your members?
Websites are so widespread now for HOAs that the California Association of Realtors originally proposed legislation in 2019 to require that all but the very smallest HOAs would have websites. HOA websites can have a “members-only” access function so that internal information, such as member updates, governing documents, Annual Budget Report, Annual Policy Statement, or financial reports, are not publicly available.
Storing and transferring electronic data is so much simpler, that it might be a question you ask of a prospective management firm. Also, can directors review HOA records and financial information on-line?An increasing number of HOAs offer their members the ability to pay assessments electronically, and management firms also increasingly offer electronic bill paying for HOA boards.
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