As a property manager, you juggle numerous responsibilities daily, from managing tenant relationships to maintaining properties. In addition to all the day to day tasks, this dynamic and demanding field requires continuous learning and professional growth.
Staying ahead of industry trends, legal changes, and best practices is important for your business. But finding the time to research these new laws and trends can be challenging.
Enter the National Association of Residential Property Managers (NARPM), a professional organization dedicated to supporting property management companies like yours. NARPM’s mission is to provide education, networking opportunities, and advocacy for property managers across the country.
In this blog, we’ll explore five reasons why property managers should consider becoming NARPM members.
Access to Educational Classes
The first reason many people want to join the National Association of Residential Property Managers is for access to incredible educational classes. All of these courses are specific to property management professionals and companies like yours that work with small residential properties. You’ll have the opportunity to learn from experienced property managers how to run your business more effectively and efficiently.
Community and Networking within the Property Management Industry
There is a strong sense of community among NARPM members. It’s the best peer-to-peer network for property managers that we have ever worked with. You’ll be able to join local and state chapters, and there’s also a national conference. When you attend these events, you’ll go home with a wealth of knowledge on new innovations and ideas to make your company more successful.
Industry Connections
As a NARPM member, you’ll be introduced to best in class vendors for technology, software, and services. You can connect with marketing professionals, software developers, painting contractors, repair contractors, property management staffing services, home maintenance service providers, pest control solutions, tenant screening services, and property inspection services, and many more. You’ll find out who is the best at what they do, and you’ll get the opportunity to talk to them. Your NARPM colleagues have already vetted them for you, and that’s a remarkable value proposition – so just ask.
Credibility for Your Property Management Business
A NARPM membership brings your business greater credibility. You can earn professional designations through the Association, such as the Residential Management Professional (RMP®) and Master Property Manager (MPM®), which will improve your proficiency and knowledge of property management as a whole. Additionally, certifications like the Certified Maintenance Coordinator (CMC®) and Certified Residential Management Bookkeeper (CRMB®) demonstrate specialized expertise. These credentials can be promoted on your website and personal marketing platforms, such as LinkedIn, further building credibility for you and your business.
Housing Law Compliance For Residential Property Managers
NARPM has a dedicated legislative committee actively involved in shaping laws that benefit the property management industry, so you’ll be able to stay informed on the latest local and national laws and regulations that impact your business. By joining NARPM, you can participate in these discussions and play a role in influencing landlord-tenant legislation at both local and national levels.
Conclusion: Elevate Your Property Management Practice with NARPM
From professional development opportunities and valuable networking connections to powerful advocacy efforts and access to resources, NARPM membership equips you with the tools and support needed to excel at managing residential and single-family homes.
More than anything else, however, the connections you make through NARPM with other property managers is the best reason for joining. The members are friendly and helpful, and whatever challenges you might have in your business right now or in the future, someone else there has been through it before, and is willing to share the benefit of their experience.
If you’re not an active member, or if you haven’t joined yet, this is a great time to become a part of NARPM. The next national conference is coming up this Fall, and we hope to see you there!
Please feel free to contact us at Fourandhalf if you have any questions about the NARPM membership or anything pertaining to your marketing or growth plans.