With the job market being so competitive today, proving your skills with certifications or licenses is more important than ever. Investing in these titles is worth your money. Whether you’re new to property management or have been in this business for several years, it’s never too late to get certified. Several places offer property management training that will educate you and get you certified. Check out these top five places to do your property management training.
Institute for Real Estate Management (IREM)
IREM offers a variety of courses to help you with property management training and to get you certified. Here you can get your Certified Property Manager (CPM) certification. IREM requires three years of real estate management experience for this certification and you must hold a real estate license, unless you can prove that you’re not required to have one in your state or for your business. They also offer several courses that can help get you started in your property management career or training, including courses about marketing and leasing, leadership and human resources, and investment real estate. While IREM is a known leader for accrediting individuals in property management, the requirements are rigorous and the CPM accreditation is not an easy title to achieve. You’ll need to have sufficient experience to earn this title with IREM.
Community Associations Institute (CAI)
The Community Associations Institute is known for providing continuing education, professionalism skills and support, and leadership skills to property managers. For your property management training, the Community Associations Institute is a great place to get certified as a Professional Community Association Manager (PCAM). This title is for those who want to excel at community management and prove their experience to potential owners or communities. This certification is ideal if you have experience doing condominium management or apartment management. Five years of community association management experience and completion of six of their programs is on their list of requirements in order to qualify for the PCAM accreditation.
National Association of Residential Property Managers (NARPM)
NARPM is widely known for supporting property managers in education, professionalism, and ethics. They offer the Residential Management Professional (RMP) certification, which is a recognized certification for property managers around the nation. NARPM might be a great place to start for your property management training, or at least to begin to contemplate their requirements for this credential. You need to be a member of NARPM, have your real estate license for two years if your state requires it for property management, and you must have managed 25 units during your candidacy period while trying to achieve the RMP certification. You also must complete 18 hours of approved coursework through NARPM. These courses include topics such as marketing, tenancy, maintenance, owner and client relations, risk management, and ethics.
National Association of Realtors (NAR)
Since many states require you to have a real estate license in order to be a property manager (the only exceptions being Idaho, Maine, and Vermont), a membership with the National Association of Realtors can help you get property management training after you get your real estate license. As a member, you’ll also have options for benefits such as personal insurance, risk management programs, and educational programs. Their courses can help you being your training in different areas such as ethics, commercial and green real estate, and different certification courses. While not strictly for property managers, the National Association of Realtors can help you expand your property management training by helping you learn more about real estate, which can help greatly with your property management business and experience.
National Apartment Association (NAA)
The National Apartment Association is committed to providing quality rental housing for all through helping owners, managers, and developers with their professionalism. Their advocacy provides education, research, and technology to many different areas of the housing industry, including property managers. The NAA offers such designations as Certified Apartment Manager (CAM) and National Apartment Leasing Professional (NALP) among several others. Their requirements are a little less strict than the other programs, and you’ll only need to have one year of experience and complete the six required courses to be a candidate for the CAM designation. The courses cover empathic listening, creating clear strategies, initiating change, and building credibility.
Getting started with property management training is easy when you consider these five great places to start. While having experience and a license in real estate is ideal, you won’t necessarily need to have those things to get started. Consider these places to get your property management training, get certified, and watch your career take off!