Tried and true

When there are various methods and ways to perform a service, function, or task, sometimes the outcome falls somewhere between these two extremes. Since 2010, IREM has published best practices for the delivery of real estate management services. Adopting these best practices is not just prudent for protecting property owners and professional property managers from the negative results of litigation; it may also give your firm a competitive advantage in the marketplace as you compete for third-party business. With the increased use in society-and especially in the real estate industry-of computers, laptops, tablets, smart devices, websites, networks, and other digital equipment, it is extremely important that management companies emphasize the importance of data security and instill a culture of safeguarding the confidential data that is entrusted to real estate management organizations. The news media, combined with citizen "journalists" in social media, relish bad news that can be sensationalized, and there are rarely any repercussions for the spreading of false information. [...]it is imperative for property management professionals to develop and implement a coordinated approach to addressing the media in a prompt manner at an established location to minimize rumors by providing consistent, accurate, complete, and timely information from verified sources.