Get in the know about legislation and do it as soon as you can! Whether you’re a newbie or already a legislative nerd, this is a prominent component of our industry. Our industry is forever changing, however, since covid it seems change is at light speed and coming from all directions. Property managers have had to deal with legislation and procedures for running their businesses from the local, state and federal levels. If you don’t have all the information, this is where your involvement in an organization will be your resource and can help you make good business decisions. These changes effect everyone involved and it is better to be informed than to get caught in a costly issue that could’ve been avoided.
Although many of us may not like the current situation, for now it is reality, and we need to learn to adapt until change can come. If change isn’t fast enough for you, did you know that You Can Make a Difference? There are many ways to get involved and here’s a few suggestions: Join your industry organization, serve on a task force, increase your political awareness, learn who your local legislators are, vote and read industry news. It may sound tedious, but it’s a small price to pay in an industry that continuously has to fight big political entities to keep your rights as a private business owner. These issues can lead to either a thriving business or a failing business. Which do you prefer?
The topic of conversation right now is what the White House considers “Junk/ Convenience Fees”. There was a briefing room statement released on July 19, 2023, and title reads: Biden- Harris Administration takes on Junk Fees in Rental Housing to Lower Costs for Renters. For entire article, please visit:
This is the type of information we need to be atop of and have the ability to come forward and voice our opinion. Don’t get intimidated, take baby steps if needed and start with reading the monthly NARPM article in the Real Estate Newsline and you definitely won’t want to miss our March 20th Chapter Meeting titled: The Lowdown on Junk Fees. To register for this event or other upcoming events, please visit: https://sanarpm.org/
Lastly, in the spirit of speaking on the importance of legislation and its impact on your business’ future, I’m proud to mention that we had a few NARPM members that made the trip to Washington, D.C., for 2024 NARPM Winter Summit on February 13-15th. They were there to network, advocate, cover new and existing topics coming down the pipeline, speak to and listen to political influencers and what better place to do it than in our nation’s capital. This is how serious it gets, and I can’t wait for their return to tell us all about it.
Calendar of events:
March 6- Executive Board Meeting
March 20- Chapter Meeting- The Lowdown on Junk Fees
March 20- Virtual Class- Risk Awareness – Owners & Tenants
March 21- Virtual Class- The Art of Acquiring More Doors
March 28- Virtual Class- How to Successfully Market Your Company
