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Residential Estate Industry Journal – Volume 6
Stories from this publication
Financial reserve planning for estates4 min readThe world is changing faster than any of us can comprehend. So how can homeowners associations and estate managers plan for the future? And what is reserve funding, anyway?
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2019 Legislation summary of relevant acts2 min readImportant legislation applied to estates and their management teams in 2019. Here is a summary of each legislation, its application and what you need to know and have in order to ensure compliance.
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Island style3 min readThe Islands is a revelation for those who equate Hartbeespoort and its surrounds with golfing – it’s a slice of European-style marina living.
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2019 ARC annual conference, expo & golf day4 min readWe can truly echo San Lameer’s slogan ‘The Good Life!’, as we thoroughly enjoyed the good life in so many ways for a few days. Thank you to San Lameer for treating the early arrivals to some Night Golf to whet our appetite for the ‘main event’.
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The Residential Communities Council (RCC)2 min readEstates in the residential community industry and all ARC members will have heard by now that we have established the Residential Communities Council (RCC), which has been successfully registered with CIPC as a non-profit company (NPC) that will pursue the objectives as defined in the MOI.
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The case for CAISA2 min readCommunity Association Institute of South Africa (CAISA) is the first international chapter of the US-based Community Association Institute (CAI). We believe that home owners and community associations should strive to exceed the expectations of their residents.
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The communication challenge – is the data correct?3 min readEffective communication in a world of information overload and instant gratification is difficult to achieve. But this becomes even more challenging when the accuracy of the information on which these communications are based comes into question.
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Fundamentals of communication4 min readAccording to an article written by Ravi Kaneriya for the World Economic Forum, studies show that the key to happiness lies in having rich social bonds and meaningful relationships. And being part of a community is a powerful way to build those relationships in a faster, more scalable way.
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Building a powerful management team5 min readGreat management teams don’t just happen; they are built – carefully and deliberately. Creating an effective management team, which is probably one of the most important functions of boards, trustees and HOAs, requires both discipline and being open to new ways of doing things.
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When good intentions go bad5 min readSometimes, good intentions go bad. When things go wrong, there are always lessons to be learned. Read on. Not all decisions are easy. Be careful not to ignore a problem and hope it will go away. In this litigious world, if you have a question, seek advice. Surround the board with competent advisors. This will make your job easier. What follows are eight real-life examples of situations faced by boards of directors.
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Village life4 min readGowrie Village in the KwaZulu-Natal Midlands is the quintessential country community, integrated into the greater village of Nottingham Road. Established in 2002, Gowrie’s sense of relaxed rural spaces and neighbourliness are key to the success of this mixed-use estate.
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Managing Marina Martinique for its community4 min readWhich processes, procedures, and best practices keep a successful older estate at the top of its game? Marina Martinique – a unique Cape-Caribbean-style estate consisting of 384 residential stands and 475 units in group housing developments – is built around a lake and seven kilometres of constructed canals that lie three metres above sea level, and whose water is pumped in from, and flows back into, the ocean.
Read More- Erinvale
4 min readOn the slopes of the Helderberg Mountain in Somerset West, the prestigious Erinvale Country Estate and Golf Club, which will be celebrating 25 successful years in 2020, was one of the first residential golf estates in South Africa. To find out what the ingredients are for this success, we chat to Kerstin Dinklage, Erinvale HOA trustee responsible for marketing and communication.
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Customer complaints & social media3 min readNot so long ago, if somebody wanted to have their complaint heard, the best options were to write a letter to the newspaper (and hope that it would be published) or dial into the radio. now, in the digital age, everyone has a voice. Never before has it been easier to have your concerns or thoughts heard – no matter how insignificant or trivial they are – and that has implications for estate managers
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If you can’t take the heat …6 min readThe world is facing a climate crisis. A young Swedish schoolgirl is now leading a global campaign of defiance driven by school children. The world has just experienced the hottest July ever recorded, even while a vocal segment of the chattering masses in leading economies like the USA believes that the science underpinning global warming is a massive hoax perpetuated by scientists who are – somehow – conspiring to make money.
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Effective utility management guides estate managers through rough economic seas3 min readThe sluggish economy and continued inflationary pressures are taking their toll on the property market in general. According to credit bureau TPN’s latest report, the last three years have seen a steady decline in demand for residential properties, with a concomitant increase in the supply of properties. What’s more, the bureau says vacancy rates remain consistently high at 8.64% with escalations at just 4.85%. Most worrying for estate and property managers is that tenant good standing numbers continue to decline, with a current level of 81.8%.
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Future proof4 min readAs AI, big data and smart homes become a lived reality, what are residential estates doing now to make that future happen?
Read More- Keeping your world beautiful
3 min readThe gardens, areas of natural vegetation, rivers, water features, paths and even parking lots on your estate are all part of your ‘shop window’. So they need to be beautiful – and also sustainable in every sense. That’s where Servest comes in – creating beautiful spaces that enhance your estate both aesthetically and environmentally.
Read More - Being reasonable
8 min readMost community associations seek to enforce their rules while still maintaining a harmonious community that the residents view as a desirable place to live. At times, though, these goals seem to be contradictory, and strictly enforcing the rules can result in controversy.
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Do HOA’s have teeth?5 min readPolicies, procedures, our governing documents and our rules and regulations are binding on members who choose to buy into a homeowners association or sectional title scheme. But, of course, the directors, trustees, management, and the members themselves have to ensure that these are lawful, consistent and fair, and that they protect the common interest of the community at large.
Read More- Monkey business
4 min readOften, it’s the reserve-like setting of a lifestyle estate that makes it a draw card for residents. But what happens when nature starts encroaching on households?
Read More - The nuts & bolts of an HOA
3 min readSo now you are part of a homeowners association. But what exactly is a homeowners association, and why do they exist? But what exactly is a homeowners association, and why do they exist? The main function of a Homeowners’ Association (HOA) is to enforce a set of rules, policies and procedures, contained in a document called a Memorandum of Incorporation (MOI) or Constitution, that serve the best interests of a group of property owners. Many HOAs include common property, such as parks and roads, or what is known as common areas.
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