IREM® & NARPM® Sign Memo of Understanding

The following news story was pulled from the National Association of Residential Property Manager's website regarding their recent affiliation with the Institute of Real Estate Manager's. We here at Bell-Anderson are very excited about this news, as several property managers belong to one or both of these organizations.

(Washington, DC, April 22, 2009) – The Institute of Real Estate Management (IREM®) and the National Association of Residential Property Managers (NARPM®) have signed a Memorandum of Understanding (MOU) outlining a collaborative working relationship in support of their common goals. IREM® President Pamela W. Monroe and NARPM® President Fred Thompson, MPM® RMP®, signed the MOU during a special ceremony held at the just-concluded IREM® Annual Leadership and Legislative Summit in Washington, DC.

Monroe and Thompson, commenting jointly following the signing ceremony, noted that “IREM® and NARPM® are both committed to enhancing the real estate management profession through ethical business practices; providing top-notch educational resources to those who manage real estate as a profession; helping their respective members achieve success with the properties they manage and the businesses they own or that employ them; and, finally, promoting advocacies that benefit the real estate management industry and its clients.”

To advance these shared goals, the organizations will:

• Work together to further advance the real estate management profession within their respective market sectors and through other means as may be determined.
• Extend preferred member pricing on each organization’s products and services to members of the other organization.
• Publish articles developed by each organization and its members in the publications of the other, so long as prevailing editorial policies and deadlines are observed.
• Encourage submission of proposals for presentations at education sessions at the conferences of each.
• Exchange information on legislation, regulatory, and public policy activities affecting their respective members.
• Collaborate on other initiatives, as appropriate.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT

The Institute of Real Estate Management (IREM®) has been the source for education, resources, information, and membership for real estate management professionals for more than 75 years. An affiliate of the National Association of REALTORS®, IREM® is the only professional real estate management association serving both the multi-family and commercial real estate sectors. With 80 U.S. chapters, 12 international chapters, and several other partnerships around the globe, IREM® is an international organization that also serves as an advocate on issues affecting the real estate management industry.

Membership includes more than 18,000 individual members and 500 corporate members. IREM® promotes ethical real estate management practices through its credentialed membership programs, including the Certified Property Manager® (CPM®) designation, the Accredited Residential Manager® (ARM®) certification, the Accredited Commercial Manager (ACoM) certification, and the Accredited Management Organization® (AMO®) accreditation. These esteemed credentials certify competence and professionalism for those engaged in real estate management. In addition, IREM® offers Associate, Student, and Academic memberships.
Collectively, IREM® CPM® Members in the United States manage over $1.5 trillion in real estate assets, including 8.4 million residential units and 8.4 billion net square feet of commercial space. An additional 977,400 residential units are managed by IREM® ARM® Members. IREM® Members are employed by some of the most prestigious real estate firms in the world and nearly 70% hold upper-level management positions. Due to their professionalism and vast experience, property owners and investors worldwide continually seek out the management services of IREM® Members.

To learn more about the Institute of Real Estate Management and its chapter network, call (800) 837-0706, ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.

ABOUT THE NATIONAL ASSOCIATION OF RESIDENTIAL PROPERTY MANAGERS

The National Association of Residential Property Managers (NARPM®), founded in October 1988, provides a permanent trade organization for the residential property management industry. NARPM® continues to be the premier professional association of residential property managers, currently representing over 2000 members comprised of real estate agents, brokers, managers and their employees.

• NARPM® promotes a high standard of business ethics, professionalism and fair housing practice. The Association also certifies its members in the standards and practices of the residential property management industry and promotes continuing professional education.
• NARPM® is an association of real estate professionals who know first-hand the unique problems and challenges of managing single-family and small residential properties.
• NARPM® members know that education and communication raise the level of our profession, so that we may better represent our clients.
• NARPM® is here to represent the interest of property managers.

To learn more about the National Association of Residential Property Managers, call (800) 782-3452, e-mail info@narpm.org visit www.narpm.org.

Source: http://www.narpm.org/about/news/index.html?detailed=308