Fresh out of NARPM National, the Strategic PM team and NARPM President Melissa Sharone discuss what they learned and where the industry is headed.
The Strategic PM team recently returned from the NARPM National Convention and Expo in Dallas, Texas, a place for all in the industry to come together, learn, connect, and (now more than ever) speculate on the latest AI tools and trends.
In an industry like property management, where one market can be just as distinct as the next, conferences like the NARPM National Convention remind us that the whole is but the sum of its parts, helping us to come together and sustain what we do on a national level.
And even though the industry had an odd and somewhat unique year in 2024, this year’s convention showed us how it’s adapting, evolving, and anticipating change in 2025.
Takeaways From NARPM National
Many of the vendors who attended the conference this year echoed the same sentiment: Business has been slow.
Why? After the COVID-19 pandemic, many growth decisions in the property management space were made in haste to capitalize on growing demand. New business was everywhere, and the property management vendor market was thriving.
The situation, however, has since changed: Property managers are a little less excited to invest in new vendors and try new things now. Combine that with how unusually difficult it’s been to get investors to buy new properties, and you have stifled vendor activity.
But NARPM wasn’t all bad news.
Melissa Sharone
