How To Become A Certified Property Manager
If you’re an organized person who likes talking to people, solving problems, and managing responsibilities at once, then you need to become a certified property manager.
Property managers are the glue that holds the commercial real estate rental industry together. They work with owners to rent out their properties and keep the chaos at bay. These are the people who manage daily property operations properties, deal with crazy tenants, and hire contractors for maintenance.
This might sound like something you’d be great at already. So why is it important to become a certified property manager? A property management certification will help push your career to the next level while expanding your property management skill set. Explore our tips for becoming a certified property manager.
Why Property Managers Need Certification
Why is being a certified property manager important? First, property management certifications look good on your resume. Second, taking a certification course will ensure that your knowledge is up to date. Third, certain states require that property managers have minimum certifications.
Finally, a property management certification is a proven way to increase your annual income. No matter how long you’ve been in the real estate business, you’ll learn something new by getting certified.
Three Steps to Becoming a Certified Property Manager
To earn a certified property manager title is a life-changing difference that will reward you in the future. While there are many ways to become a property manager, here are three ways to help you become a certified property manager.
1. Build Your Professional Resume
Regardless of where you are in your commercial real estate career, earning a professional certification, is a surefire way to boost your resume. This is especially true for anyone that is actively looking to change jobs within the industry. While it is more common for industry veterans to be certified, most programs only require three years of industry experience. As a result, even assistant property managers just starting out, can begin working towards certification.
2. Decide Which Property Management Path is Right for You
There are two typical kinds of property managers. The first run small local properties. While you might hit a ceiling here, you’ll also have a great niche in your town. The other property managers work with large companies. While you won’t have as much flexibility with them, you’ll have a higher earning potential. In either scenario, there is value in having a property management certification.
3. Take the Certification Tests
After you have three years of real estate experience or a bachelor’s degree, you can take the certification test. The requirements can be found on the IREM website, and if this is something you are serious about, start studying. It is important that you attend a few classes on business, ethics, and management. Following those classes, you will have to take a few exams based on them.
Want to Know More about Property Management?
If you want to become a certified property manager, then we have a ton of great resources for you. Follow us on LinkedIn, join our Facebook Group, or subscribe to our newsletter to stay current on all of our latest news!