Stan Hrincevich
HOA Manager Licensing in Colorado
6 July 2015 | 0 replies
These costs have already resulted in PMs that serve smaller (less than 25 homes) HOAs to go out of business.The fees, business costs and government involvement would be more tolerable if the law accomplished its’ intended goal of consumer protection.However, the law is vague on the most simple demands and accountability for property managers: 1) there are no direct statements mandating PMs comply with all State laws and an HOA’s governing documents 2) no direct statements that require PMs to advise an HOA when they observe non-compliance with the law or to report to DORA when such advice has been ignored and violations continue3)no direct statements that hold PMs accountable when they carry out requested actions of a Board that are in non-compliance with the law or an HOAs governing documents 4) no mandates for PMs to provide home owners with a detailed explanation or legal justification of fees and assessments (such as the HOA Transfer Fee) they independently impose and retain and 5) no requirement to explain and justify in detail all PM fees in their contracts with the HOA.Repeated requests to DORA (Department of Regulatory Services) and legislators from Colorado’s largest HOA home owner’s group, Colorado HOA Forum, to include these simple specifics have been rejected making reform and enforcement for home owners very difficult.Legislators also refused to include in the Law assistance to smaller HOA PMs by reducing their licensing costs and requirements.Licensing also witnessed an unprecedented and disturbing legislative act.The Law contains language directly promoting a private entity’s (CAI) sales products and educational courses.It also allows the industry that is to be regulated (CAI) to develop and complete State educational, testing, and credentialing requirements none of which have been officially reviewed or approved by the State.Then there is the missing legislative mandate in licensing rules to address meaningful “full disclosure” of all fees and assessments on home owners by PMs.Specifically, the HOA Transfer Fee that cost HOA home owners millions each year will continue without any limits or justification.DORA decided a one-liner on home closing documents with no receipt and/or detail of charges is “full disclosure” of this fee.Legislation/licensing that is crafted by the interest group to be regulated should be disconcerting to home owners and businesses.The CAI has dominated the PM industry and HOA legislation in Colorado for decades.Their influence and leadership has led to the need for licensing and reform.July 1, 2015 was to be a good beginning on reforming the abuses in the PM industry but HOA home owners will sadly see little change.
Marshall H.
Experience with Prodigy Network
24 June 2015 | 2 replies
Marshall,While nothing's ever guaranteed, I've invested with Prodigy Network and I think they're an outstanding company -- great leadership, seem to have a lot of integrity, and generally very high-quality deals.
Conway Churaman
Not an investor yet but still QUITTING JOB on Monday! NEED guidance!
10 June 2015 | 38 replies
No better way to vent their little tantrums, no leadership skills, just a Barney Fife of his little temp gig?
Jordan Lucas
College degree for real estate agents ??
10 July 2019 | 164 replies
My daughter just earned a masters in educational leadership at 37 yo.I learned yesterday that spending $40 to join my alumni association would cut my car insurance by $270 a year.
Jeremiah Samuel
Commercial Real Estate Loan Leads
25 July 2019 | 3 replies
The best way to find clients is to give back to the community by sharing your knowledge and building your thought leadership platform.
Steve Gerten
Amazon is now in the real estate market!
1 August 2019 | 18 replies
That’s the easy fall-back for those that rely on old school beliefs that things are going to stay the same forever and don’t want to put any thought leadership into how we can inspire change in an industry that is about to see a complete reorg.
Aaron Lam
Anyone worked with New Western Denver?
11 April 2019 | 3 replies
There is a revolving line of new agents that join them and networth (at one point the same company), which speaks alot about the leadership, etc with the office here in Denver.
Mike Rutallie
Building a real estate business while working full time.
4 October 2019 | 24 replies
I'm a Spartan too (#GoWhite), graduated with my Masters in Management, Leadership, and Strategy a couple of years back with a 4.0 GPA, all while serving as an officer in the Air Force National Guard, serving as the treasurer on my local Board of Education, and leading/building engineering teams in my full-time job.
Ray A Delfi
100 Ways To Motivate Others a book by Steve Chandler
23 September 2019 | 1 reply
While serving in the military this book as provided me such an insight on the human mind, motivation, and leadership.
Brandon Penn
DON'T FORGET TO SLEEP!!!!!!!!
13 June 2019 | 12 replies
Additionally I’m in a professional development program in advance applied strategic leadership (masters of science degree) and that takes up a lot of time.