There鈥檚 a global movement afoot.聽 So says 乐竞体育赛事直播庐 President Don Wilkerson, CPM, in his . It鈥檚 a movement toward legislating the need for professionals in property management. We鈥檙e seeing it in such far-flung places as Japan and, most recently, Serbia.
鈥淭his is true progress,鈥� he writes, 鈥渘ot only for the global practice of property management, which clearly it is, but equally for the Republic of Serbia. Housing is above all a cultural issue. It speaks most directly to the health and wellbeing of those residents. It is a right, not a privilege, and a country that can address that right is demonstrating an advanced cultural awareness.鈥�
(In an ironic aside, he points to our own country, and its 鈥渟truggle to provide adequate workforce and affordable housing.鈥�)
Serbia is not alone, and Wilkerson cites the January/February issue of the Journal of Property Management, from which he quotes Teruo Suenaga, CPM, CEO of Amix Co., Ltd in Tokyo: 鈥淭here is a large chance that a law for the management of rental housing will be passed in 2019.鈥� Suenaga stated that there, it鈥檚 a matter of registration. 鈥淐urrently, 4,000 management companies across Japan are registered, but this system is voluntary, so you can operate without registering.鈥�
But the issue picked up steam when a management company that was not part of the system went belly-up. 鈥淚t became a major issue,鈥� he explained. 鈥淣ow the government is considering legislating the system and requiring property management companies to register. As an industry, there鈥檚 support for requiring registration that would eliminate irresponsible managers.鈥�
This could increase the prospects for managers in Japan . . . eventually. 鈥淚f the rental housing law passes in 2019 and the management industry gains more recognition,鈥� Suenaga said, 鈥渢hose of us in the industry would be incredibly happy. However, once the law is passed, it will be over a year until it goes into effect.鈥�
The implications of professional property management are huge, Wilkerson writes. 鈥淧rofessionalism implies the presence of standards, best practices and ethics,鈥� he says. 鈥淎t the very least, it implies the existence of a track record and knowledge of what works and doesn鈥檛 work.鈥�
鈥淥f course, the operative word there is 鈥榠mplies,鈥� 鈥� he continues. 鈥淓thics and standards are two of the bulwarks of property management in the US, regardless of the property type. Along with ongoing education, they also form the three legs of the platform on which 乐竞体育赛事直播 stands. Indeed, with an ethics framework in place to guide the performance of its individual members, we believe that the vagaries of implications can be replaced with clear-cut standards of operation.鈥�
He recalls the growth of 乐竞体育赛事直播鈥檚 own global footprint, with chapters now in Brazil, Canada, China, Japan, Korea and South Africa, and observes that, 鈥淲e continue to spread the word of professionalism in property management. This presence provides a unifying focus of best practices.
鈥淎s our net continues to spread, and more countries follow the lead of Serbia and Japan, despite bureaucratic delays,鈥� he concludes, 鈥渢he role of property management continues to elevate, from one-off, isolated endeavors to a unified and trusted profession. That鈥檚 progress in anyone鈥檚 book.鈥�
John Salustri is editor-in-chief of Salustri Content Solutions, Inc., a consultancy focused on enhancing the web and print content of clients around the nation. He is a regular contributor to JPM Magazine and a frequent blogger for 乐竞体育赛事直播. Prior to launching SCS, John was founding editor of GlobeSt.com.