Certified Property Manager (CPM) is a
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
professional designation awarded by the
Institute of Real Estate Management (IREM)
and recognized by the
National Association of Realtors (NAR).
The Institute offers a comprehensive program developed exclusively for
property and asset managers working with different size portfolios of all property types. The designation is considered to be among the industry's premier real estate management credentials. There are over 8,600 professional real estate managers who hold this designation worldwide. CPM members manage approximately $900 billion in real estate assets.
To attain the CPM designation, the candidate must join IREM, which costs about $500 a year, and join the local IREM chapter for the city in which the candidate lives. There is also a fee to become a CPM candidate.
To achieve the CPM designation, a candidate must pass about 10 required courses given by IREM, including marketing, human resources, asset management and ethics and complete a management plan on a subject building and pass a 150 question exam covering all the courses. Most courses can be taken in a classroom setting, on-line or via home study. IREM also examines the candidate's experience.
See also
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Real estate professional designations
References
External links
Institute of Real Estate Management
{{Real estate
Property management
Professional titles and certifications