Property Management Best Practices
Online Property Management Certification Programs: Boost Your Credentials
Zac Maurais
Ensure utilities are set up on time.
Make easy revenue.
Make easy revenue.
Contact@UtilityProfit.com
512-XXX-XXXX
Want to earn more and advance your property management career? Certified Property Managers (CPM) make 46% more than non-certified peers, and certifications like CMCA boost earnings by 20%. Plus, over half of CPM holders secure senior-level roles.
Here’s a quick rundown of the top online property management certifications to help you grow:
| Certification | Experience Required | Cost | Renewal | Key Focus Areas |
|---|---|---|---|---|
| IREM CPM | 36 months | $6,200+ | Varies | Finance, marketing, ethics |
| NARPM RMP | Manage 100+ units over 2 years | $270 annually | 2 years | Residential management |
| NAA CAM | 12 months onsite | $900+ | 2 years | Apartment management |
| C.A.R. PMC | None | $598 | 2 years | Residential & commercial |
Choose the one that aligns with your career goals and start boosting your credentials today!
The IREM Certified Property Manager (CPM) designation is widely recognized as a top credential in the property management industry.
"The CPM is the elite mark of distinction those invested in real estate demand when they seek someone they trust with their assets." - IREM [2]
This program covers a wide range of topics, including:
Here’s a breakdown of the program costs:
| Cost Component | Amount |
|---|---|
| Course and Exam Tuition | $6,200 |
| Annual Dues* | $870 |
| Enrollment and Graduation Fees | $695 |
*Annual dues include CPM candidate, chapter, and NAR Institute Affiliate memberships, which may vary by location.
To qualify, candidates must have at least 36 months of professional real estate management experience and attend a minimum of two local IREM chapter events. Non-NAR members are also required to join as Institute Affiliate Members of the National Association of REALTORS®. These requirements ensure candidates bring practical experience and industry involvement to the table.
The CPM designation is versatile, applying to various property types. According to NAR.realtor, it’s tailored for professionals managing diverse portfolios, whether commercial, residential, or mixed-use properties.
This program equips property managers with advanced skills in financial and asset management while improving communication with owners, tenants, and investors. Many graduates move into senior-level management roles [3].
The RMP® designation from NARPM® is a standout credential for residential property managers, showcasing their expertise and dedication to the field. It's a great way to build credibility and stand out in a competitive industry.
Here’s what you need to qualify for the RMP® certification:
| Requirement Category | Specifications |
|---|---|
| Experience | Manage at least 100 units over 2 years |
| Education | Complete 18 hours of NARPM courses |
| Membership | Be an active NARPM National member |
| Annual Dues | $270 (includes a $50 discount for new members) |
Achieving this certification comes with real perks. RMP® members get priority placement on NARPM’s website, which can lead to more visibility and client opportunities.
"The RMP® designation helped set me apart in my community from other property managers. I can refer to my designation with pride and explain the knowledge I have achieved makes me a better property manager."
– President, Property Management Experts, Stockton, CA [4]
The program isn’t just about credentials - it’s also about building practical skills and connections. Melissa Prandi, MPM® RMP® of PRANDI Property Management, shares:
"NARPM® has changed the way I do business. The members are just like me. I absolutely love the feeling and ability to be able to pick up the phone and call another property manager. NARPM® has made me more effective, efficient and helped me to truly reflect on the professional field of property management. After all, this is our chosen career. Coming together, growing together and having fun is what NARPM® is all about." [5]
To make the designation more accessible, NARPM offers scholarships that cover application fees, course costs, and basic convention fees. Plus, they’ve simplified the process by removing the mentor requirement. The RMP® is also a stepping stone to the Master Property Manager (MPM®) designation, offering a clear path for career growth.
The National Apartment Association (NAA) offers the Certified Apartment Manager (CAM) credential, designed specifically for apartment community managers. This program focuses on refining key skills to improve property management operations. With 40 hours of coursework, it highlights your expertise in managing apartment communities effectively.
The program includes eight core modules:
| Module | Key Topics Covered |
|---|---|
| Industry Essentials | Market analysis and industry trends |
| Financial Management | Budget planning and revenue strategies |
| Marketing | Occupancy planning and sales leadership |
| Property Maintenance | Inspections and maintenance planning |
| Risk Management | Safety protocols and liability control |
| Legal Responsibilities | Employment laws and compliance |
| Human Resources | Team management and development |
| Resident Experience | Customer service and retention techniques |
To qualify, candidates need at least 12 months of onsite property management experience. The final exam, taken online with a proctor, includes 185 multiple-choice questions and must be completed within four hours.
"Earning your CAM (Certified Apartment Manager) credential allows you to demonstrate your skills, knowledge, and ability to manage an apartment community and achieve owners' investment goals." – National Apartment Association [6]
In September 2024, NAA introduced CAM Version 2 (V2) for in-person training. The current version (V1) will remain accessible online until September 30, 2025, with CAM V2 Online set to launch in 2025.
To keep your CAM credential active, you’ll need to:
The online option offers flexibility and provides immediate exam results. Up next, we’ll compare these certifications to help you choose the right one for your career goals.
The C.A.R. Property Management Certification is an online program designed for real estate professionals aiming to enhance their skills in managing residential and commercial rental properties. Offered by the California Association of REALTORS® (C.A.R.), this self-paced program provides a convenient way to gain expertise.
To earn the PMC designation, participants need to complete any five courses within 12 months. The program focuses on five key areas:
| Core Course Area | Focus Topics |
|---|---|
| Residential Management | Managing single-family homes and small multi-units |
| Commercial Properties | Overseeing apartment buildings and other commercial spaces |
| Legal Compliance | Covering trust funds, fair housing, and legal aspects |
| Investment Strategy | Guidance for working with property investors |
| Specialized Management | Handling vacation rentals and assistance animals |
The full PMC course bundle costs $598.00 [8]. Here’s what you get:
The PMC certification must be renewed every two years to ensure property managers stay updated with industry regulations and practices [7].
With ten courses to choose from, this program allows property managers to build a skill set tailored to both residential and commercial properties while keeping costs reasonable.
Here’s a detailed comparison of certification requirements, focus areas, and costs to help you weigh your options.
| Certification | Experience Required | Education Requirements | Renewal Period |
|---|---|---|---|
| IREM CPM | 36 months of real estate management | Complete the chosen education track plus an ethics course | Varies |
| NARPM RMP | Manage 100+ units over 2 years | 18 hours of NARPM courses | 2 years |
| NAA CAM | 12 months of onsite management | 40 hours of coursework | 2 years |
| C.A.R. PMC | None specified | Complete any 5 courses | 2 years |
Each certification emphasizes different aspects of property management and offers unique career benefits. For example, the NAA CAM certification is designed for professionals managing multifamily communities, focusing on achieving owner investment goals and effective community management. The table below outlines networking opportunities and career growth potential for each certification.
| Certification | Key Focus Areas | Professional Network Access | Career Advancement Opportunities |
|---|---|---|---|
| IREM CPM | Finance, marketing, maintenance, ethics | International network | Potential for top earning levels |
| NARPM RMP | Tenant relations, legal compliance | National residential network | Boosts credibility |
| NAA CAM | Community management, investment goals | Apartment industry network | Specializes in multifamily management |
| C.A.R. PMC | Residential and commercial management | California-based network | Offers flexible specialization |
Research from CAMICB shows that certified managers often earn about 20% more than their non-certified peers [1]. These certifications not only enhance your expertise but also increase your earning potential and credibility, making them a worthwhile consideration.
When evaluating certifications, think about these factors:
Choosing the right certification depends on your career goals, budget, and available time. Each program offers specific skills and industry recognition, helping you stand out in your target market.
After comparing certifications, the next step is to pick the one that aligns with your career stage and the demands of the market. Your choice should balance where you are now professionally and where you aim to go.
Start by assessing your current role and long-term goals. For instance, if you're an entry-level manager, a real estate broker's license might be a good starting point [10].
| Career Stage | Certification | Description |
|---|---|---|
| Entry-Level | NAA CAM | Ideal for new managers building foundational knowledge |
| Mid-Career | NARPM RMP or ARM | Tailored for residential management specialists |
| Senior Level | IREM CPM | Geared toward seasoned professionals aiming for executive roles |
This framework builds on earlier comparisons, helping you align your certification with your expertise and the market's expectations.
Match your certification to your career stage and area of focus. For example:
"My goals for learning always include two parts: 1. General education about the job... 2. Confidence for my clients. I want to be confident in my knowledge and skills to better provide for my clients." - Kristin Laine, Principal Broker at Boxwood Properties, LLC [11]
When choosing a certification, take these factors into account:
Monitor key metrics like revenue growth, efficiency improvements, and client retention before and after earning your certification to measure its impact [11].
Choose a certification that aligns with your goals and market needs to make the most of your investment.
See how Utility Profit works in 1 minute
