by Progressive Property Management | Jun 14, 2022 | Association Management Education, Owner Education, Property Management Education
Inflation hurts many different people in society, particularly those on a fixed income. With core inflation surging past 8% in May, and a gallon of gas in California nearing $7, the talk on every news outlet is about it. But I have not heard any talk about the impact...
by Progressive Property Management | Dec 3, 2021 | Association Management Education, Owner Education, Property Management Education
The wealth effect is a behavioral economic theory suggesting that people spend more as the value of their assets rise. The idea is that consumers feel more financially secure and confident about their wealth when their homes or investment portfolios increase in value. They are made to feel richer, even if their income and fixed costs are the same as before.
by Progressive Property Management | Sep 8, 2021 | Association Management Education, Owner Education, Property Management Education, Uncategorized
We hear time and time again from disgruntled boards, the following complaints about their current association management company: The Community Manager does not respond to emails or calls quickly. The company assigns a different Community Manager every few years (or...
by Progressive Property Management | Sep 8, 2021 | Association Management Education, Owner Education, Property Management Education, Uncategorized
As director on the board, you have a fiduciary responsibility to stay objective, unselfish, responsible, honest, trustworthy, and efficient. Board members, as stewards of public trust, must always act for the good of the organization, rather than for the benefit of...
