Designations
Accredited Management Organization
AMO firms have served the real estate management community since 1948. As of 1944, AMO firms are responsible for managing 1.5 million residential units and 500 million square feet of commercial property with an estimated combined value of over $75 billion. AMO firms manage a variety of properties - the typical AMO portfolio includes office buildings, shopping centers, apartments, federally-assisted housing, condominiums, single-family dwellings and industrial properties. Whatever the size or type of real estate investment, there is an AMO firm prepared to manage it for you.
Financial Stability
Security - Each AMO firm undergoes an independent financial review and must demonstrate its financial stability and integrity.
Protection - IREM requires AMO firms to maintain insurance coverage to ensure that your investment is protected.
Selecting the Right Real Estate Management Company
More than ever before, investors and owners must select professional management teams for their properties with care. AMO is the mark of distinction among real estate management firms today. IREM's firm members provide the ethical standards, professional expertise, CPM professionalism, and financial stability required in today's competitive real estate market.
Why not let the best in real estate management manage your real estate assets? With an AMO firm, you're not only getting a service, you're getting a partner.
Accredited Residential Manager
Connect for Success as an ARM
ARM stands for Accredited Residential Manager the designation awarded by IREM to specialists who manage residential property. Whether you manage rental apartment complexes,rental mobile homes, rental condominiums, rental single-family homes, single-room occupancy apartments (SROs) or homeowners' associations whether you are the resident manager, property manager, or asset manager the ARM designation identifies you as a trained, certified professional. ARM designees improve the lives of their residents and enhance the value of the properties they oversee.
Becoming an ARM Applicant
The first step toward becoming an ARM is to submit the ARM application. If you have not met all of the requirements to become an ARM today, you are still encouraged to submit your application, which will give you affiliation with IREM as an ARM applicant. Once an ARM applicant, you will begin to receive IREM benefits and services such as receipt of the bi-monthly magazine, Journal of Property Management, the member-rate tuition for IREM courses, access to the members-only section of IREM's web site, and much more. As an ARM applicant, you may remain in applicant status for up to five years, in which time you'll need to complete all of the requirements and be approved for ARM status.
Becoming an ARM
You will become an ARM when you complete the core requirements, in addition to meeting some other criteria.
Certified Property Manager
Maximize your Properties' Potential
You or your clients own property for one reason - as a financial investment. A CPM can help you make the most of this investment by positioning your property to achieve its highest and best use. Because of their expertise in all property types, a CERTIFIED PROPERTY MANAGER can optimize your property's Potential as an income-producing investment.
Provide a Full Range of Management Services
Holders of the CPM designation can best be classed as "versatile specialists." They are trained to professionally handle the full range of management tasks with skills that encompass the asset management, administrative, legal, social, economic and physical areas essential to property performance. Most CPM members manage mixed portfolios, including office building, shopping centers and retail Property, apartments, condominiums, federally assisted and public housing, and industrial parks.
Attract and Retain Quality Tenants and Residents
When a property is well-managed, it is more attractive to potential tenants. Performing property inspections and overseeing operation of the building's systems will ensure that your property always looks it best. But it takes more than that to attract and retain quality tenants and residents. CPM designees also know how to market your property to maximize occupancy and minimize vacancies. Recruiting new tenants, lease negotiation and tenant improvements, and tenant retention programs are all ways in which a CPM can enhance the value of your real estate investment.
Help You Reach Your Investment Goals
CPM members work with you as an owner and investor to achieve your goals both in the immediate future and over the long term. Whether you intend to own property for a few years or a few decades, a CPM will analyze and review your property's financial potential to help you meet your investment goals.
Compete in Your Local Markets
Whether all of your real estate investments are in one city or across the world, CPM members have the network needed to make your properties desirable in the local markets. CPM members know what's hot and what's not in your particular area and can draw upon the knowledge of almost 9,000 other CPM members worldwide for information and trends in other real estate markets.
Protect Your Investment
Integrity is critical when you trust the management of your investment to another. CERTIFIED PROPERTY MANAGER members must abide by a code of professional Ethics which is enforced by IREM. A CPM member's commitment to this code requires the use of utmost care in managing your property and handling funds. Those violating the ethical code are subject to revocation of their livelihood. You can trust your real estate investment to a CPM.
