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Up Your Professional Development with These Certifications

So you want to be a property manager? There are a few certifications you'll have to take care of before you officially launch your career. Most states require property managers to get their real estate broker's license and a Certified Property Manager certification. In order to negotiate rent, leases and list properties, you'll need these certifications. To pursue these, you'll need to take classes, take a test and continue to invest in your professional development even after you received the certification.

 

But those certifications are just the beginning. To really round out your resume, you should continue to pursue opportunities to establish yourself as a thought leader in your community. Scott Safadi of Cal Bay Property Management recommends pursuing the following kinds of certifications if you hope to thrive in the industry:

 

Residential Management Professional

Similar to a CMP certification, RMP is a sign that you've met the prerequisite qualifications and been working for some time in the property management world. Most importantly, it's the first step towards more prestigious certifications, like the Master Property Manager certificate.

 

Master Property Manager

The highest level of achievement an individual can reach within the National Association of Realtors and Property Managers, this certification only applies to those who are RMPs and have overseen more than 500 units over a span of at least 5 years.

 

Certified Apartment Manager

If you're handling apartment rentals solely, you'll want this certification. To become a candidate, you need at least one year's experience in real estate management. You'll also need to complete the associated coursework and take an exam on what you've learned.

 

Accredited Residential Manager

If you're new to the industry and don't necessarily qualify for a CMP, an ARM is a good place to start building your history. Of course, you'll need to also complete coursework and take a test at the end. There's also a required 12 month of experience minimum required to seek out this qualification.

 

These are just a handful of the most common kinds of certifications in the property management world. Do your homework and select which path makes the most sense for your goals.

- Scott Safadi, Cal Bay Property Management

So you want to be a property manager? There are a few certifications you'll have to take care of before you officially launch your career. Most states require property managers to get their real estate broker's license and a Certified Property Manager certification. In order to negotiate rent, leases and list properties, you'll need these certifications. To pursue these, you'll need to take classes, take a test and continue to invest in your professional development even after you received the certification.

But those certifications are just the beginning. To really round out your resume, you should continue to pursue opportunities to establish yourself as a thought leader in your community. Scott Safadi of Cal Bay Property Management recommends pursuing the following kinds of certifications if you hope to thrive in the industry:

Residential Management Professional

Similar to a CMP certification, RMP is a sign that you've met the prerequisite qualifications and been working for some time in the property management world. Most importantly, it's the first step towards more prestigious certifications, like the Master Property Manager certificate.

Master Property Manager

The highest level of achievement an individual can reach within the National Association of Realtors and Property Managers, this certification only applies to those who are RMPs and have overseen more than 500 units over a span of at least 5 years.

Certified Apartment Manager

If you're handling apartment rentals solely, you'll want this certification. To become a candidate, you need at least one year's experience in real estate management. You'll also need to complete the associated coursework and take an exam on what you've learned.

Accredited Residential Manager

If you're new to the industry and don't necessarily qualify for a CMP, an ARM is a good place to start building your history. Of course, you'll need to also complete coursework and take a test at the end. There's also a required 12 month of experience minimum required to seek out this qualification.

These are just a handful of the most common kinds of certifications in the property management world. Do your homework and select which path makes the most sense for your goals.

- Scott Safadi, Cal Bay Property Management

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