Work with a designated professional
An ARM designated professional:
- Has gained additional professional knowledge through globally-recognized training
- Has met strong functions and portfolio requirements as per IREM regulations
- Will deal fairly with all parties and is committed to the highest standards of professional conduct
- Adheres to the REIC Code of Professional Standards and the IREM Code of Professional Ethics
Frequently Asked Questions
What experience does an ARM have?
Nearly 80 percent of all ARM professionals have seven or more years of experience, which means they have the expertise to manage your residential properties seamlessly. With an average portfolio size of 706 units, an ARM has plenty of hands-on experience in attracting and retaining tenants.
ARM professionals also bring supervisory experience to the job, overseeing an average staff of 16 employees.
How can the ARM add value to my investment?
ARM professionals have the training and experience to maximize your bottom line. An ARM can optimize value for the full range of residential properties – conventional apartments, federally assisted housing, condominiums and many more. From marketing your property to supervising rental operations to negotiating service contracts, an ARM will do whatever it takes to make your residential properties operate at their best.
How can I be confident that an ARM will hold themselves to a high ethical standard?
Every ARM must abide by the IREM Code of Professional Ethics, which is strictly enforced by the Institute, or risk losing their designation. The code requires the use of utmost care in managing your properties and handling funds. Considering that this level of professionalism is unparalleled in the industry, you can trust an ARM with your investment.
ARM professionals in Canada must also uphold the REIC Code of Professional Standards, which outlines duties to one’s employer, former clients and employers, and to tenants and others. The Code also sets forth requirements for contracting management and managing the client’s property; and addresses relations with other members of the profession and compliance with laws and regulations.