A Home Owners Association, or HOA, manager can be a dynamic career choice. Many communities in Nevada are increasingly utilizing HOA management companies, causing a higher demand and making the position more lucrative than in the past. An HOA manager in Nevada requires a Community Association Management license. In order to obtain this, the state has many education and training requirements for the position, so it can be confusing to newcomers. However, the steps below will outline the entire process for you.
1. Application Process
The state of Nevada has put requirements in place to ensure HOA managers are not involved in criminal activity or utilizing the properties for money laundering. Therefore, there is an extensive criminal background check, including sending in a photograph and fingerprints. The application requires listing an individual’s job history, as well as recommendations from people within the property management industry. The Nevada Real Estate Division will then take up to two months to process the application, but the process can be lengthened if needed.
Sixty hours of education are needed in order to be qualified for the license. Schools offering these courses will cover all topics related to managing communities, including training on laws, managing finances, maintenance and budgeting. They also teach individuals specific state regulations and how to utilize contracts within the field.
3. Passing the Test
Once the education is completed, a person needs to register to take the exam. It requires at least a score of seventy-five percent to pass. It is often helpful to take practice tests and utilize study guides to prepare for the exam. After a person passes the exam and receives the certificate, he or she is also required to continuing education every two years.
4. Practical Experience
At this point, an individual would be qualified to be a provisional community manager. This position would be to learn from and shadow a supervising community manager for at least two years. The idea is that a person needs to have practical job experience for the role. After the two-year period, the individual can submit an application to the Nevada Real Estate Division to become a community manager.
Although a lengthy process, becoming an HOA manager is a rewarding and interesting career choice. Each day brings different challenges, and the role can be a lucrative one. If you are dedicated to the application process, education, and experience requirements, it’s a great choice for motivated individuals.