IREM® & NARPM® Sign Memo of Understanding
(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.
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638 Independence Parkway, Suite 100, Chesapeake, VA 23320
P: (800) 782-3452 | F: (866) 466-2776 | info@narpm.org |
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