PENNY WISE…

By Rafael Aquino

Published July 31, 2019  

 

An association needs to be treated like any other business.  Sitting on the board of such a corporation is no different than sitting on the board of a publicly-traded company. Your role is to lead the corporation responsibly and inorder to do that you must lean on a group of professionals to help guide you to your destination. Without this kind of mindset, you will have a higher probability of finding yourself making costly mistakes, creating unneeded stress, and wasting your personal time.

 

Many board members believe this philosophy/approach is too costly for their association; however, I strongly disagree.  Most of the problem we see in associations aren't massive problems in the grand scheme of things, most of the times, they are just approached incorrectly and without the proper guidance. For instance, many times, the board gets concerned to call the attorney for an opinion on a subject matter or situation.  They believe the cost for it is not worth the expense, so they formulate their own opinion. I've seen first hand how the opposite is true.  When boards take this approach, they are short-sighted.  By contacting the attorney for an opinion, you get information that is based on their direct knowledge, years of experience, and prior case law. You rely on them to help you and your team formulate a better outcome.  While at times, it may not be what you want to hear; however, you have an opportunity to strategize and discuss different approaches that can be taken to solve the problem. Further, once the attorney opinion is formulated, you can save it in your digital files for future reference.

 

To be successful in any business, you must have a strong network of individuals surrounding you and your team. There's a cost to doing business and its no different in an association.  Trust in your network, and if you don't feel like you can trust them start looking for organizations you can trust. Don't fall into the trap of being penny wise and pound foolish.


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As the Co-Founder and CEO of Affinity Management Services, Rafael P. Aquino leads his team to redefine excellence. They serve community   associations   efficiently

and effectively with dedication and passion. Rafael’s energy and positive spirit is the foundation of Affinity Management Services’ company culture, which instills enthusiasm and excitement when providing expert advice to its board members and relieving the day-to-day burdens of running a community association.

 

Since 2007, Rafael has developed a work culture that values responsive and high-quality services. He has led his team by following a proactive vs reactive philosophy. The same approach Rafael instills in the day to day operations of each association. Today, Affinity Management Services maintains its success and benefits as a result of the foundation Rafael has built and continues to foster by providing educational seminars, continuing education classes for association managers and board members alike.


Rafael and his team help condominium and homeowners’ associations save money and improve their communities. His calm, personable, and service-oriented nature helps him to establish strong relationships with ease. Rafael is known as a sincere and honest leader who looks out for the best interests of his clients and communities, and he strongly advocates for their needs. His role requires coordination and communication, as such he takes logical and intelligent steps to approach challenges head-on.


As a graduate of Florida International University’s electrical engineering program and a licensed community association manager, Rafael’s education and skills equip him with unique insights to tackle complex problems through critical thinking. He understands how each component within a system works together in order to effectively arrive at solutions, techniques, and conclusions. Therefore, as he manages the multiple challenges of running a community association management company, he understands how each property is its own unique system and tailors’ specific services to assure that all their needs are met.

For more information about Rafael P. Aquino and Affinity Management Services please visit www.ManagedByAffinity.com or call 1-800-977-6279

Doral Office: 8200 NW 41st ST

Suite 200

Doral, FL 33166

Broward Office: 150 S Pine Island RD Suite 300

Plantation, FL 33324

O: 800-977-6279 ● F: 305-325-4053


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