Self-Managed
An association that operates without a professional management company, with board members and volunteers handling all administrative, financial, and maintenance functions. Self-management can reduce costs but places significant demands on volunteer board members. It is more common in smaller communities. Self-managed associations may still hire individual contractors or part-time staff for specific tasks.
Common Misunderstanding
Self-managed does not mean unmanaged. The board still has the same legal obligations for financial reporting, elections, record-keeping, and compliance as a professionally managed association.
Frequently Asked Questions
What are the pros and cons of a self-managed HOA?
Pros include lower costs (no management fees), more direct control, and faster decision-making. Cons include heavy time demands on volunteer board members, potential lack of expertise in accounting, legal compliance, and vendor management, and risk of burnout. Self-management works best for smaller communities with engaged, skilled volunteers.