While it is not required for some property managers to receive certification, it could boost your career. Some certificates are costly and take a few years to earn. While it is difficult to weigh the benefits and costs of your investment, the upside is always great!

In markets where heavy competition is abundant, having a certificate makes sense. It sets you apart from the crowd. A certificate shows your client that you have undergone rigorous course work and know the world of property management inside out. It also proves your track record of portfolios.

If you decided to pursue a certificate in property management, consider the following options:

Residential Management Professional (RMP) and Master Property Management (MPM): These are offered through the National Association of Residential Property Managers. This is ideal for residential property managers.

Certified Property Manager (CPM): This designation is offered through the Institute of Real Estate Management. CPM is regarded as one of the most prestigious certificates in the country. This is ideal for commercial property managers.

Certified Apartment Manager (CAM): The National Apartment Association offers this designation. A great option for an apartment property management

There are options for every kind of property manager. But if you’re in a market with very minimal competition, you may not need to get a certificate. Earning a certificate of this time requires a large investment of time and money, which would be worthwhile if you are facing stiff competition. Smaller companies and managers should think twice about earning certificates, especially if they do not need to. However, if you still feel you should get one, by all means go ahead.

Certificates open doors for property managers and introduce them to even more individuals and opportunities. It also gives you a great way to network through classmates. You can find more branding opportunities as well as, of course, earn you more business.

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