The Top Real Estate Management Courses

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You may be able to get a foot in the door of a property management profession by taking a degree in property management. Classes on landlord-tenant relations and facility maintenance may be beneficial at any level of a person’s career. If you’re looking for a new career or a pay boost, consider getting your property management certification.

A cheap and practical property management course is the best way to maximize your learning experience. If you want to be a successful property manager, you need to know what kind of training you need.

The National Association of Apartment Managers (NAA) offers continuing education for its members

The National Apartment Association’s Certified Apartment Management Course is the best all-around property management course on our list since the topics may be applied to other property specializations, such as real estate development and construction.

Non-NAA members pay $1,017 for each module, which is $135 less than the fee for NAA members. If you need to retake the test, it is not included in the cost of the course. You’ll pay $865 if you’re a member of the NAA. There is a flat yearly charge of $3 per unit regardless of how many units you manage. Your CAM credentials must be kept current by attending six hours of continuing education each year for a fee of $100.

Penn Foster’s Degree in Real Estate management is now accessible to pursue

Because of its affordable cost, wide curriculum, and lack of prerequisites, Penn Foster’s Property Management Certificate Course is our top recommendation for newcomers.

An exception to the requirement requiring one year of work experience is the Penn Foster Property Management Certificate Program. Penn Foster provides a comprehensive introduction to the subject without requiring any previous knowledge of the subject matter.

When paid in full, this course costs just $479. There are options for making monthly payments, but you’ll end up paying more over time. As well as getting to know their fellow students, they’ll also get to know the instructors and other course personnel.

Accreditation in Property Management (IREM)

The Institute of Real Estate Management (IREM) offers a comprehensive, expert-level Certified Property Manager Course that has been shown to help graduates get promoted and almost triple their compensation.

The IREM Certified Property Manager (CPM) Course was established exclusively for working property managers. IREM’s over 20,000 members have shown that their courses are worth their time and money over the years. For non-certified property managers, the pay differential is 144%. CPMs also have an advantage in securing more senior positions.

One of the priciest property management courses costs between $7,500 and $8,500. Some courses are discounted for IREM members. A yearly membership fee is necessary to maintain your CPM status.

Graduates of this program should have worked in real estate management for at least three years prior to enrolling in it.

The National Association of Real Estate Professionals (NARPM) offers a Master Property Manager Course

People who have extensive experience managing residential properties should enroll in the Master Property Manager (MPM) Program. This course is for you if you want to become an industry specialist, distinguish yourself from your colleagues, and get access to further credentials.

• At least two letters of recommendation for MPM designees from individuals outside your company
• NARPM-approved state or regional conferences must be attended twice after completing 24 hours of NARPM-approved training.
• You’ve successfully finished the NARPM Ethics course.
• Attending NARPM chapter meetings or serving on a committee are examples of career electives.
• Getting your RMP certification is a requirement for getting your MPM (Master of Property Management) accreditation. The total class duration is 18 hours, and the course fee is $795. The MPM designation requires an additional 24 hours of study.
• The courses are available to be completed either remotely or on-site. Using the regional chapter’s website, you may find the local chapter’s schedule. You can save a lot of money by becoming a member for only $295 a year and taking courses that range from $45 to $265.

Taking Care of a Rental Property for Tourists

Though managing a rental property might be a challenging job, Vacation Rental Management Association (VRMA) offers the best Vacation Rental Management Course thanks to its expert faculty, low cost, and minimal time commitment requirements.

This course is designed specifically for vacation property managers and may be completed at your own pace from the convenience of your own home.

As a member, you’ll be able to take the Vacation Rental Management Course for $450. Every three years, you’ll have to pay $100 and complete 15 hours of continuing education requirements in order to keep your certification current and active. Students who are just starting out in the field of vacation rental management will benefit greatly from this course.

Become a BOMA Certified Commercial Property Manager

As a training alternative for property managers interested in commercial property management, we selected this BOMA Certified Manager of Commercial Properties (CMCP) course. There are several benefits to being a member of BOMA, including exposure and contacts in the commercial real estate industry.

BOMA’s Certified Manager of Commercial Properties is a new course for property managers that will begin in July 2019. (CMCP). Since its inception in 1907, the Building Owners and Managers Association (BOMA) has served as a forum for commercial building owners, managers, and other property professionals to connect and exchange ideas.

There is a $1,170 fee for the course and exam. Because the exam is accessible both in-person and online, with a proctor watching you via webcam, it is important to know this information. If you’d like to learn more about testing locations and the technical prerequisites for taking the exam online, you may visit the Exam Information website.

Final Verdict

Any professional level may benefit from property management training. However, to be eligible for admission to the majority of programs, students must have at least one or two years of relevant job experience. Aspiring property managers might benefit from Penn Foster’s Property Management Certificate.

Find a course taught by an instructor with real-world experience and qualifications from reputable organizations in the industry if you’re seeking one. To the best of our ability, we believe that the National Apartment Association’s Certified Apartment Manager course is the most suitable for your needs and interests. Many low-cost online courses are accessible, but property management and real estate experts do not recognize them. On this list, we only include reputable educational institutions that provide courses leading to internationally recognized credentials.

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