Managing Residential Properties (RES201)

Course Length: 
5 1/2 days classroom; 30 days online; 6 months to complete IREM home study
Available Online: 
Yes
Additional Information: 

This course is offered in the classroom, via home study and online.
Classroom format includes ARM Certification Exam. Those taking the RES201 online or via home study will be provided instructions for taking the ARM Certification Exam.

Immerse yourself in this comprehensive course covering residential site management from A to Z. 

What you’ll learn:
  • Human resource management: Management styles, intergenerational dynamics, employee motivation, recruiting and hiring, employment laws, communication, performance evaluations, fostering productive relationships with owners
  • Property financial management: Accounting, budgeting, measuring cash flow, operating expenses, financial reports, capital expenses
  • Maintenance and risk management: Creating a maintenance and risk management plan, types of maintenance, property inspections, risk management, emergency and disaster planning, insurance, inventory and suppliers, working with contractors, maintenance systems, conservation and recycling, environmental issues
  • Marketing and leasing: Demographics, target markets, comparison grid analysis, marketing strategies, and social media, leasing tactics, affordable housing wait list procedures, Fair Housing and Americans with Disabilities Act (ADA) compliance, landlord-tenant laws, lease-term provisions, resident retention strategies

How you’ll benefit:
  • Improve your property’s bottom line and receive recognition from your clients
  • Increase productivity and collaboration among your site management staff
  • Secure a reputation as a manager who knows what it takes to achieve the owners’ objectives

Contact Information

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Legal Action Program

Provides financial assistance to support litigation of significance to the real estate industry and private property rights.