could actually be a good thing
It's not a conflict of interest for a realtor to be on an HOA board or an officer of the board for that matter. I've known of several HOA boards where this is common. Homeowners are free to choose whomever they want as a realtor and negotiate the commission accordingly. 3% seems low. Most I know are around 6% I believe.
If nothing else, the president who is also a realtor would have an even greater interest in seeing to it that the neighborhood remain in good shape.
By concerned bystander
It's not a conflict of interest for a realtor to be on an HOA board or an officer of the board for that matter. I've known of several HOA boards where this is common. Homeowners are free to choose whomever they want as a realtor and negotiate the commission accordingly. 3% seems low. Most I know are around 6% I believe.
If nothing else, the president who is also a realtor would have an even greater interest in seeing to it that the neighborhood remain in good shape.
By concerned bystander