IREM^® Names RentalHouses.com as New Affinity Partner

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LOUISVILLE (June 23, 2006) -- The Institute of Real Estate Management (IREM^®) and RentalHouses.com, Inc. announced today that RentalHouses.com has just become the organization’s newest affinity partner, further expanding the benefits IREM offers its more than 17,000 individual members and 525 corporate members worldwide. IREM is an international organization of real estate management professionals; RentalHouses.com is a national internet listing service advertising residential rental property.

The program with RentalHouses.com is one of several IREM has with specially selected vendors. It provides special financial incentives to IREM members posting properties available for rent on the RentalHouses.com website. In turn, RentalHouses.com will receive promotional exposure from lREM through its member communications channels.

“Many of our members in the United States manage and lease small structure residential properties,” stated IREM President Fred Prassas, CPM^®. “We are pleased to have RentalHouses.com, one of the country’s largest online home rental listing services as an affinity partner, and trust that our relationship will be mutually beneficial.”

Robert Massey, Jr., CPM^®, founder of RentalHouses.com, added, “We are delighted to work together with IREM members to successfully advertise and lease their vacancies.  Single family homes, town homes, condos, fourplex and smaller apartment buildings account for over half the estimated 40 million rental dwellings in the United States.  We enable real estate managers to exploit national online advertising to rent their vacant units faster, better, and cheaper.

“Online real estate listings have become an indispensable marketing tool of property management – even more so for single family homes and smaller multi-unit properties,” Massey added. “The unique nature of each vacancy demands an advertising venue that can quickly post and remove a listing, unlike magazines or websites geared to large, multi-unit community advertising.”

ABOUT RentalHouses.com
Founded by a real estate investor and property manager, RentalHouses.com, Inc., offers online real estate listings exclusively for single family homes and other smaller, multi-unit rental properties, such as townhouses, condos, duplex, fourplex, and apartment communities with less than 50 units onsite.  The website's thousands of posted rental units, with full-color photos, extensive descriptions, and detailed Google™-derived mapping, enable searchers to easily research and find their next rental home anywhere in the United States.  For more information, visit www.rentalhouses.com or call 1-866- 822-RENT (7368).

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM^®) has been the source for education, resources, information and membership for real estate management professionals for more than 70 years.  An affiliate of the NATIONAL ASSOCIATION OF REALTORS^®, IREM is the only professional real estate management association serving both the multi-family and commercial real estate sectors.  With 81 U.S. chapters, eight international chapters, and several other partnerships around the globe, IREM is an international organization that serves as an advocate on issues affecting the real estate management industry.

Membership includes over 17,000 individual members and 525 corporate members.  IREM promotes ethical real estate management practices through its credentialed membership programs, including the Certified Property Manager^® (CPM^®) designation, the Accredited Residential Manager^® (ARM^®) certification, the Accredited Commercial Manager certification, and the Accredited Management Organization^® (AMO^®) accreditation.  These esteemed designations certify competence and professionalism for those engaged in real estate management.  In addition, IREM offers Associate, Student and Academic memberships.

To learn more about the Institute of Real Estate Management and its chapter network, call (800) 837-0706, Ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.