What Is a CPM® Designation, and Who Is It For?
- Experienced property managers* who manage any asset class and want to learn how to maximize the value of their properties.
- Those who want to add advanced financial and asset management capabilities to their day-to-day operational abilities.
- Those who need knowledge that transcends asset class and serves their entire portfolio – whether commercial, residential, and/or mixed-use.
- Those needing to learn how to speak the languages of owners, tenants, residents, and investors.
- Real estate managers from anywhere, including those outside the U.S. Learn more about IREM international membership and education.
* A total of three years (36 months) of experience is needed to earn the CPM®. Your experience for any given month qualifies if, during that month, you were in a real estate management position, managed a minimum portfolio, and performed a minimum number of functions.
Benefits of Becoming a CPM®
The CPM® will enable you to
- Make more money. The average base property manager salary in the U.S. is $48,340.2 For CPMs, the average is $118,383.1
- Go farther in your career. Over half of CPMs hold senior-level management positions.3
- Expand your network. Generate business referrals. Meet future employees or employers. And consult with other experts.
- Your annual IREM membership and all the benefits that come with it are included when you enroll.
- Showcase your credibility with a digital badge to add to your email, social media profiles, website, and more.
1 IREM Profile and Compensation Study – CPM Edition 2019
2 U.S. Department of Labor, Bureau of Labor Statistics
3 IREM Profile and Compensation Study – CPM® edition: a self-reported 53% of CPMs hold Officer/Director/VP, Regional/District Manager, Owner/Partner, President/CEO/COO positions.
What you learn with CPM®
- Ethics
- Asset analysis
- Accounting
- Marketing and leasing
- Leading a team
- Maintenance and operations
- Property financing
- Property valuation and cash flow