Friday, June 10, 2016

From bed bugs to brokerage relationships, NVAR’s inaugural Property Management Day is designed to deliver the information that every successful Virginia property manager needs.  The following training topics will be featured:

BED BUGS: IF YOU CAN'T SEE THEM, THEY AREN'T THERE
It is not uncommon for property managers to encounter bed bug infestations. This session covers action plans for the management of bed bug infestations in different environments. It is designed to train property managers to control indoor pests while reducing their pesticide exposure risk.

FAIR HOUSING ESSENTIALS*
State and federal laws require nondiscrimination and equal access to housing for all people. In this session, property managers will learn the importance of making rental decisions based on sound business practices and documenting them accordingly to keep the company free from claims of discrimination.

BEST PRACTICES FOR RENTAL APPLICATION REVIEW & PROCESSING*
This session teaches the importance of having written policies for rental application, review and processing, such as employment history/income, credit standards, etc. Maintenance policies and procedures for handling complaints are also addressed. 

AGENCY FOR PROPERTY MANAGERS*
There's no such thing as agency by default. Agency relationships are consensual and result only from the mutual agreement between the client and agent. This session covers agency formation and termination; disclosure of brokerage relationships in leasing transactions; finder’s fees and broker responsibilities as they relate to property management.

MAXIMIZING YOUR OWNER'S INVESTMENT
Learn from a professional what it takes to maximize the return on an investment of a property. Efficient property management is only part of the formula. This session explains how to structure a property management business to increase profitability.
  
COMMERCIAL GREEN LEASING
Green leases align the financial and energy incentives of building owners and tenants so they can work together to save money, conserve resources, and ensure the efficient operation of buildings. Energy and environmental performance are emerging as key benchmarks in how commercial real estate buildings are judged and priced in today's market. This session introduces the importance and value of environmental sound practices in property management as well as providing ideas about trends, certification programs, and other resources for the green property manager.

UNDERSTANDING INSURANCE
Insurance needs in a property management setting range from coverage for the property manager, the business and its employees to coverage for the property owner and tenants. This session explains the different types of available insurance coverage and why they are necessary.

CURRENT ISSUES IN LANDLORD TENANT LEASING RELATIONSHIP*
This session covers the Virginia Residential Landlord-Tenant Act (VRLTA) lease agreement, highlighting complaints received by the Fairfax County Consumer Affairs Branch and the resolutions that the office has facilitated. 

*One hour CE credit pending