Certified Property Management | Property Management

Certified Property Management Courses

The challenges that the current real estate and mortgage markets face are forcing lots and lots of Americans to continue to pursue rented housing accommodations instead of purchasing their own homes.

However, it is an increasing trend for landlords to hire the services of a property management firm to help them in property management activities such as risk management, rent collection, property maintenance and upkeep, etc.

According to real estate industry experts, property management is one of the fastest growing careers in the next ten years. About 36% of the property management professionals today are working for developers, real-estate brokers or real-estate agents.

Industry estimates that by the year 2016, about 375,000 property management professionals will be employed full-time. The current estimated annual salary for a full-time property management professional is $43,000. This figure is set to grow multifold by the year 2016.

With view of the above, there are a lot of institutions like schools and colleges which offer a variety of certified property management programs. Most of these schools offer specialized certification courses, diploma courses, degree courses and master’s degree courses in the area of property management. Property management has a huge scope and the subjects covered under this stream are as below:

• Real Estate License course
• Real Estate Assistants Course
• Real Estate Broker’s License
• Real Estate Investing
• Real Estate Sales Training
• Home Inspection
• Property Management course
• Property Maintenance and Risk Management
• Tenancy
• Habitability and Maintenance
• Operations
• Ethics, etc

The above listed educational courses are intended to cover all the practical aspects of property management like practical management techniques for houses, apartments, co-ops, condominiums, subsidized housing, etc. Moreover, key topics are included in the areas of property evaluations, marketing, advertising, leasing, tenant qualifications, collection of rent, preparing contracts, lease-agreement preparations, repairs and maintenance, utility management, energy conservation, cash flow, fees management, etc.

The Property management courses provide students an opportunity to blend their knowledge of real estate with sales and customer service skills.

Some of the schools, colleges and universities which provide certified Property Management courses are as below:

• Allied Schools - http://www.alliedschools.com
• Institute of Real Estate Management (IREM) - http://www.irem.org
• Ashworth University - http://www.ashwooduniversity.net
• Building Owners and Managers Association International - http://www.boma.org
• National Association of Residential Property Managers - http://www.narpm.org

There are a variety of education options in the field of property management. It is up to you to decide which property management course you want to pursue based on the career goal that you have set for yourself.