Members of the property management community met this morning to discuss potential changes to how the City of Huntsville approaches the challenge of absentee landlords. While there is no draft policy published as of this afternoon, available information suggests a “one-size-fits-all” approach, less effective than enforcement of existing ordinances, and could dampen investment in the local rental and real estate markets.
More than 45 property managers and other stakeholders participated in today’s forum, which provided clear guidance for HAAR Members to work with the city and advocate for policy beneficial to all invested parties. HAAR’s mission remains to protect the interests and livelihoods of everybody in the real estate industry: homeowners, property managers, tenants, agents, brokers and prosective homebuyers and renters.
A Huntsville City Council Work Session is scheduled next Wednesday, June 12 at 6:00 p.m., to discuss potential solutions to the problem of absentee landlords. While there is no opportunity mentioned as of today for public comment, it is possible for councilmembers to offer that level of participation. In that event, HAAR members are prepared to speak. For more information, please email Director of Association Outreach Sean Magers at sean@valleymls.com.