Why an AMO Firm?
February 18, 2019 | Tom Bowers
The world of investment real estate never slows down. Daily, owners are presented with an ever-changing set of challenges for which they must navigate – often with little help. Many, though, elect to limit that hardship by selecting a property manager to handle the daily affairs of a project. A property manager, taking on the goals of an owner as their own, becomes the primary point of contact with the resources and experience to navigate the difficult waters of investment real estate.
Selecting the right property manager for the project is paramount to both their success as an agent and your success as an owner. Firms across the country boast deep rooted experience, longstanding relationships throughout the community, and the manpower to
complete the task at hand.
Large companies or small, locally owned or internationally recognized, how do you decide?
What sets the pillars of the property management community ahead of the pack is the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM). AMO firms are subjected to the highest of standards for the daily practice of the property management profession. AMO firms are led by Executive Certified Property Managers (CPM) whom have attested to stringent ethical standards, and 50% of all AMO firms have been in business for more than 25 years.
Trust is the cornerstone of the relationship between the client and the property manager. When you enter into a management agreement with an Accredited Management Organization, you can rest assured that your investment is being maintained by the best and the brightest of the property management industry.