Property Management Companies in Ohio… What’s NARPM®?
If you are one of the many property management companies in Ohio, then you should be well aware of The National Association of Residential Property Managers (NARPM®). If you’re not involved or familiar with the industry, here’s a brief description of the organization: the association consists of real estate industry insiders with ample knowledge of the problems and challenges that the property management
industry faces – specifically concerning single-family homes and small residences.
There are many benefits for a property manager
to be affiliated with the association – an association with a rich history spanning nearly 30 years.
Membership Benefits for Property Management Companies
Anyone could talk a good game, but being prepared to ask detailed and open-ended questions of the prospective tenant for your rental properties in Columbus Ohio means you’ll be better equipped to choose a quality candidate. The first set of questions should be conducted in an interview via phone, followed by an in-person meeting.
The association doesn’t just sound great; it offers a variety of tangible benefits to its members. Along with an important member newsletter publication, the association offers tools that greatly help property management companies in Ohio and beyond. Below are a few:
- An annual convention and trade show
- Educational opportunities
- Mentor program for new members
- Business referrals
- Listing on the national website
- Member discussion boards
Through a membership, Ohio property management companies will have a sense of credibility that is tough to achieve without having the affiliation with the association. The association will keep you up-to-date with all of the news and information you will need to be on top of the trade; and the members all work together for the betterment of the business.
- Provide verification of 500 unit hours of management experience
- Complete an on-site visit from an association auditor
- Complete the audit process within three years of applying
A Brief Overview of the Association’s History
The start of the association dates back to 1987 in Dallas, Texas, where Ralph Tutor – who was soon named the president of the association – helped managers of single-family homes make sense of their business issues. The following year, a newsletter was created with the association’s ideals put in print for insiders to read. Back then, the newsletter was printed three times a year; that same newsletter – renamed Residential Resource – is now published 11 times, annually.
The association made major strides in the 1990s, starting with 1991, where courses were developed for property managers; later on, in 1994, industry ethics saw major reform rewritten in their Code of Ethics and Standards of Professionalism.
In 1988, the association had 13 members. Today, there are more than 4,500 members.
The Robert Weiler Company Can Help!
The Robert Weiler Company is proud to be one of the foremost property management companies in Ohio. And we’re eager to offer you our expertise. Start by simply calling 614-221-4286.