Online Property Management Courses and Certification
As a property manager, you may be responsible for managing both residential and commercial properties, making sure that these structures remain in good condition. You'll also oversee contract negotiations and the preparation of financial statements. Find out how to prepare for this career online, as well as the types of certifications available. Schools offering Property Management degrees can also be found in these popular choices.
What Will I Learn in Online Property Management Courses?
You'll learn how to select and evaluate investment properties, arrange favorable leasing terms and much more. You'll study topics in marketing, project management, finance, ethics and business law. You might also examine such topics as senior and government housing, basic maintenance, risk management and customer service. Online property management training is offered in single courses, or as career diplomas, certificates and associate's degrees.
What Kinds of Certifications Can I Prepare For?
You can prepare for one of the National Apartment Association's professional designations. These include the Certified Apartment Manager (CAM) designation and the National Apartment Leasing Professional (NALP) designation. The National Property Management Association (NPMA) also offers a variety of certification options, such as the Certified Professional Property Specialist (CPPS) designation, the Certified Professional Property Administrator (CPPA) designation or the Certified Professional Property Manager (CPPM) designation.
What Does it Take to Work in Property Management?
As apartment manager, you'll serve as the link between residents and community owners and investors. In order to be eligible for the CAM designation, you'll need to have worked in the apartment industry for at least one year. This experience will be gained during the candidacy period. You must also meet all examination requirements within two years of declaring your candidacy.
As an apartment leasing professional, you will be to meet with prospective residents and help them find a rental that fits their needs. You'll need to have at least six months of experience in the industry in order to be eligible for the NALP designation. Just like the CAM designation, on-the-job experience for the NALP designation will be obtained during the candidacy period. You'll have one year to meet all examination requirements.
The CPPS designation is intended for professionals new to property management. The CPPA designation might be right for you if you have at least three years of property experience and have work experience in contracts, valuation, warehousing and inventory management. You'll need your CPPS before you can earn the CPPA.
Lastly, the CPPM designation is for you if have at least six years of property experience, have work experience in areas, such as acquisition, property accounting, maintenance, risk management and others, and have four years of management experience in any capacity, not just property management. You'll need to earn the CPPA designation first before you can earn the CPPM designation.
What Will Be the Format of My Classes?
That'll be determined by the requirements of the program you enroll in. Some allow for self-paced study, open-book exams that you complete online and video chat sessions with industry experts. In some programs, you might be able to take courses individually as well. For others, you'll need to complete the entire degree program.
To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below: