These HOA Vendor Blunders Could Cost You Millions

Описание: You’re on your HOA board trying to do the right thing. You hire vendors, approve bids, and expect the job to get done. But one bad vendor decision can cost your association tens of thousands of dollars or worse, land your board in legal trouble.

In this video, we break down the top 5 vendor mistakes HOA boards make and how to avoid getting burned:

• Hiring without proper vetting
• Skipping insurance and reference checks
• No written scope of work
• Failing to get comparable bids
• Lack of oversight
• Paying contractors too early

At Green Ocean Property Management, we manage hundreds of associations across Greater Boston and have seen firsthand how preventable vendor mistakes can damage budgets, property values, and board reputations.

If you’re an HOA board member, trustee, or condo association leader, this video will help you make smarter, defensible vendor decisions.

Have you dealt with a vendor issue in your HOA? Drop your story in the comments, we may feature it in a future episode.

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