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Property management certification is awarded by one of the leading realty institutes. This certificate is recognized by the National Association of Realtors. This certificate is considered to be the premier credential in the realty industry. Property managers holding this certification from such institutes collectively manage over USD1.3 trillion of realty assets in the United States, including residential units as well as commercial space.
What Is The Program Content
The property management certification program run by the IREM institute is designed exclusively for individuals who wish to work in the field of realty management. It trains the course participants to handle large portfolios of realty comprising all types of properties.
The primary areas that this course focuses on while training an individual are
- Marketing and leasing of properties
- Business development
- Property financial management and asset management
- On-site maintenance and management
- Legal issues relating to property
- Low income housing tax credits
- Human resource management
- Business ethics
The institute, on a continuous basis conducts a number of courses throughout the year. The options available for the home study and online tutorial methods for obtaining a property management certification are plentiful. The institute website helps you search through the currently available programs to pick and enroll for the one you wish to take up.
How Does One Get This Certificate
If you want to pursue a career in this field and join the same industry, you will be better off if you equip yourself with a property management certification . To do so, you have to enroll yourself for the program offered by the IREM and complete the requisite number of courses.
IREM offers individuals the option of completing the course either in the classroom setting or from their homes via online or home study methods.
Advantages Of This Certification
The CPM certificate issued by the IREM to individuals who have completed this course acts as the best qualification if you are seeking job in a realty management company. Managers holding this certificate are employed by the biggest and the best realty companies across the globe. You would therefore be in a better position to land a job in this industry if you have armed yourself with this certificate.
Most property management certificate holders manage a realty portfolio comprising various types of properties. This could include office buildings, malls and retail properties, industrial parks, apartment buildings, as well as public housing.
The course is a well rounded one which trains its members in all aspects of handling properties. You can continue to do additional courses under the home study or the online tutorial method depending on your requirements.
If you are a landlord looking for a manager to handle your realty portfolio, you will be better served if you hire a person or a firm which has qualified persons holding a property management certification . Given the nature of training this course puts its members through such managers will be able to get you the best possible return on your investment. Another advantage of hiring qualified managers is that CPM members have a network across cities. Hence if you own properties in many cities, these individuals are best suited to serve your investment requirements. A realty firm which is localized in one town, however good it may be in that particular town, will not prove beneficial for you if you have properties in many different cities.
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