Who is it for?
CERTIFIED PROPERTY MANAGERS® (CPM®) are recognized as experts in real estate management, and they are at the top of the profession. 70% of those who hold the CPM® designation hold the highest management positions in their offices (owner/partner/officer/director).
What You Gain
- Recognition that you are an expert in the field of real estate management
- A subscription to the bi-monthly Journal of Property Management (JPM®)
- Discounts to professional development online courses
- 50% off Income/Expense Analysis® Reports and Income/Expense Online Labs
- Online Resources
- Webinars
- Discounts on all IREM publications
- Membership in your local IREM chapter
- Access to the online IREM Career Center
- Leadership opportunities at the national and chapter levels
- Participation in conferences
- The support of IREM’s public policy advocacy efforts
- Listing in the online IREM member directory
- Eligibility for the Professional Achievement Award
- Access to the IREM Foundation Scholarship Program
How to Earn It
Education
- Complete one of four options:
- Coursework
- Complete seven required courses
- Designations Fast Track
- Hold a CCIM, CFM, CSM, PCAM, RPA, or SIOR designation and submit the fast track approval fee
- Real Estate Degree Fast Track
- Have a bachelor's or graduate degree with a major, minor or concentration in real estate property management and submit the fast track approval fee
- Professional Experience Fast Track
- Have 20 years of qualifying real estate management experience and submit the fast track approval fee
- Coursework
Exam
- Pass the CPM® certification exam.
- Pass a management plan on either an actual property (MPLIND) or a skills assessment (MPSA).
Ethics
- Complete the Ethics for the Real Estate Manager (ETH800) course and pass the exam
- Pledge to uphold the IREM Code of Professional Ethics
Experience
- Three years (36 months) of qualifying real estate management experience as defined by IREM
References
- Acquire three professional reference letters
Other Requirements
- Fulfill a one-year candidacy period by being a CPM® Candidate Member, ARM® Member, or ACoM member in good standing for the 12 months prior to CPM® approval
- Membership in good standing of NAR
- Hold a real estate license or verify that you are not required to hold one for your current position
- Attend two IREM® chapter meetings or events during the 12 months immediately prior to CPM® approval
- Be interviewed and approved by your IREM® chapter
Cost
- CPM® Candidate application fee
- $160
- Cost of 7 CPM® education courses, if you are not in the Fast Track Program
- $3,924 (IREM member & early registration price)
- Fast Track approval fee
- $800 (not required if you are not in the Fast Track Program)
- Certification exam
- $270 (IREM® member price)
- Management Plan (choose one option)
- Option 1: pass management plan on an actual property
- $750 (IREM® member price)
- Option 2: pass management plan skills assessment
- $1,295 (IREM® member price)
- Option 1: pass management plan on an actual property
- Ethics Course
- $185 (IREM® member price)
- National annual dues
- $495
- Chapter annual dues
- Varies by chapter
- Final CPM® Application fee
- $210
For more information, visit the IREM website.