Real estate management organizations are a group of passionate professionals who want to share their experiences and knowledge. They are a source of support, networking and solutions in the property management industry. They work with members to achieve efficiency and effectiveness, which translates to cost savings and cost avoidance through the cycle of property life.

Being a part of an association of property managers connects you to workshops and seminars, which study emerging trends and challenges in the industry. You exchange ideas about accountability and responsibility issues, maintenance procedures, contract requirements, material management, buy vs. lease issues and cost of ownership. As a result, your job performance and professional development are fine-tuned. When considering a national association of property managers:

1. Join a professional property management organization to network with other professionals.

2. Pay annual membership dues to belong to an association of property management.

3. Expect benefits to range from professional discounts to an increase in personal knowledge.

Action Steps
The best contacts and resources to help you get it done

Use an association of property managers to network and develop your professional skills

One property managers association may be a local group, another can be national or international one. All have one goal: to further the property management industry. They offer members valuable resources and relationships.

I recommend: The Property Management Association (PMA) is a commercial property management association with the goal of providing forums for professionals to exchange ideas, knowledge and practical education. View upcoming events at the PMA website. National Property Management Association (NPMA) was established in 1970. Since then, the group has helped hundreds of professionals further their careers. Members include property managers from the health care industry, colleges and universities, government and technology and manufacturing firms. Find an NPMA chapter near you.

Pay annual dues to join an association of property management professionals

Property management organizations charge varying dues depending on your membership level. Most groups are open to building owners, asset managers, property managers, corporate facility managers, leasing professionals and other commercial real estate professionals.

I recommend: The Institute of Real Estate Management (IREM) is a professional property management organization that serves as a source of resources, education, information and membership for property management professionals. IREM is an affiliate of the National Association of Realtors. Register for membership, choosing between several membership options, including associate, Certified Property Manager and Accredited Commercial Manager. The Building Owners and Managers Association (BOMA) international membership consists of managers, building owners, developers, medical office building managers, leasing professionals and corporate facility managers.

http://www.boma.org/Membership/howtojoinbomainternational/

Membership benefits to property management associations include reduced registration rates at annual conferences and workshops, networking opportunities, access to career centers and newsletters.

I recommend: The National Association of Residential Property Managers (NARPM) is a property management association for residential property professionals. NARPM certifies its members and provides continuing education. Take advantage of Internet member services, including event and class registration. Property Management Association of West Michigan (PMAWM) gives its members access to a monthly newsletter, monthly meetings, market survey reports, education classes and a directory. You can also submit your resume to the career center.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  View business partner listings through your property management association website to take advantage of business relationships.