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Dan Tiernan, COO May 2, 2018 < 1 min read

The Top 10 Board Member Blunders

Although many boards have the required knowledge, level of commitment, and selfless attitude needed to handle things correctly, things do not always go smoothly. Even when the association has a management company, mistakes sometimes are made by board members, whom are the final decision makers. A lot of boards seem to face the same challenges in Florida and Illinois, below are the top 10 board member blunders as seen in both states.

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  1. Putting personal needs ahead of the needs of the entire community.
  2. Firing a management company for all the wrong reasons.
  3. Blaming management and not having accountability.
  4. Avoiding long term capital projects.
  5. Not understanding their duties.
  6. Not reading or understanding the terms of the management agreement.
  7. Avoiding raising assessments.
  8. Saving money at the expense of maintaining the association.
  9. Having completely unrealistic expectations of the management company and vendors.
  10. Serving on the board when they have absolutely no business serving on the board.

If you would like to read more about the top 10 board member blunders, click here.