Do HOA Rules & Regs HURT Your Home Sale?

By
Property Manager with Gibson Management Group, Ltd.

Our local Realtor association posted on our Fb page that approsimately 50 real estate signs had been found?

 

 

Unlike pairs of socks, these signs had not been found behind the dryer....they were stacked in piles behind the maintenance building at a local 4,000+ HOA community....deposited there by the chief of police at the direction of the HOA administration.

 

In a comment in the weekly community newsletter, the police chief indicated he had called LOCAL real estate agents that their real estate signs were non-conforming with the HOA rules and that if they were not fixed or removed, he would remove them....those signs were fixed and/or removed apparently.

 

Unfortunately, most of the signs in the above photos are out-of area * 30 minutes away * and not the "local" real estate office he spoke with and provided his warning.

 

Meanwhile, these homeowners are being penalized because the HOA/police could not jot down their phone #s and call them directly, but rather the HOA spent $$ and man-hours to remove these signs and stack them unceremoniously at an out of the way location on the property.

 

The location was found when the police chief's comments were reported to the local Realtor association and directions were posted on Fb as to how they could be found by the real estate offices.

 

YES...big YES, the offices should have known the HOA sign rules; however, the HOA SELECTIVELY warning local offices that their signs would be confiscated while not notifying ALL of the other offending brokerage firms that their signs would be taken shown a total lack of concern for 1) the private property of the real estate brokerage firms;  2) the home values of the HOA; AND 3) concern for the use of HOA fund$ to police this issue when some additional phone calls and warnings would have eliminated the need for the sign removal.

 

HOAs are wonderful things...until they are NOT. 

 

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Rainmaker
5,041,393
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Wallace S. Gibson, CPM  our condo communities, for the most part, do no allow signage.... and I've not seen anyone breaking that important rule....nothing makes a community look troubled more than many different for sale signs on the property!!

Oct 25, 2015 11:16 PM #1
Ambassador
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Wallace, this is one of many examples of how well meaning HOA's can make their communities a hard sell.  Many condos and coops in my area have so many restrictions that buyers decide it isn't worth it.  And they don't, as the associations try to argue, keep up property values.  They do the reverse.

Oct 25, 2015 11:30 PM #2
Rainmaker
1,237,846
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

It is the "selective" notification that is the problem....a notifification to the 3 realtor associations would have been less costly 

Oct 25, 2015 11:38 PM #3
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

We have a number of communities that don't allow signs in owner's yards.

They are usually governed by the HOA rules.

Luxury communities that don't permit signs in yards usually have information in the assn. office.

I've always appreciated HOA rules.  No one wants a purple house next door.

Oct 26, 2015 01:09 AM #4
Rainmaker
679,919
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Our HOA's here can be a bit uppity but I've never had one of them squawk at me because of a non-conforming sign thankfully. 

Oct 26, 2015 01:51 AM #5
Rainmaker
530,874
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Wallace,

 

Too often HOA management doesn’t represent the home owners, but makes up rules to feed their own power / ego trip.

Oct 26, 2015 02:42 AM #6
Rainmaker
1,237,846
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

This is a VERY OLD HOA that was originally a second home lake community.....the fact that "some" agents were notified and others were not is my point....selective enforcement is detrimental to all homeowners!

Oct 26, 2015 06:03 AM #7
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Wallace- I agree, they're good until they aren't.  Sometimes well meaning people with too much time on their hands can make it difficult for others. 

Oct 26, 2015 11:05 AM #8
Rainmaker
1,675,919
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

I loved your read today, hope this becomes a beautiful & successful week.

Nov 02, 2015 09:28 AM #9
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Rainmaker
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Wallace S. Gibson, CPM

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