Business View Magazine - October 2024

Melissa Sharone, NARPM’s President, explains the association’s unique role in the industry. Education is one of NARPM’s greatest strengths. Before the association’s founding, there was a notable lack of external educational resources for property managers looking to enhance their effectiveness and success in the field. “NARPM provides that,” she says confidently, underlining the association’s commitment to offering comprehensive learning opportunities that keep members abreast of governmental and HUD guidelines. Beyond education, NARPM also strongly emphasizes advocacy for those managing single-family rentals. The association actively works to ensure its members are well-informed about legislative changes and best practices, enabling them to navigate the complex regulatory landscape confidently. Sharone mentions that part of NARPM’s role is “really providing good resources for our members to be able to combat the industry that we’re in today,” highlighting the organization’s proactive stance in protecting and advancing the interests of its members. Sharone also sheds light on the evolving structure of NARPM’s membership.“We started out in 1987, with about 13 members. And we’re up to about 6,000,” she notes. This includes professional members and support staff. In response to industry changes, the NARPM board has recently approved modifications to membership classifications. Sharone explains that the association is moving towards a more inclusive, “one class type” of membership that accommodates property management firms and their support staff, including remote team members. In addition to its primary members, NARPM also embraces affiliate members, or vendor partners, who play a crucial role in the association’s ecosystem. ADVOCACY AND GOVERNMENT RELATIONS NARPM’s education efforts are only part of its broader mission. As the residential property management industry evolves, the association’s role in government relations and advocacy has become increasingly significant.“We have a huge role in this activity.And it is getting stronger and stronger every year,” says Sharone. NARPM has recognized the necessity of having a seat 187 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 10 NATIONAL ASSOCIATION OF RESIDENTIAL PROPERTY MANAGERS

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