CERTIFIED PROPERTY MANAGER (CPM®)

The "CPM" designation is the premier designation in property management. This designation, which originates through the Institute of Real Estate Management (IREM®), is awarded to highly skilled and experienced property management and asset management professionals. The "CPM" designation signifies expertise and integrity to employers, property owners and investors.

The "CPM" designation is an extensive program which combines education, experience and hands-on planning involving actual properties and requires a serious commitment from "CPM" candidates.

Courses cover how to analyze a property's physical and fiscal performance, implement policies and procedures to enhance short and long-term property values, and market, retain and improve tenant, resident and employee relations. In addition, candidates must complete a rigorous ethics course and agree to abide by IREM's Code of Ethics and REIC's Code of Professional Standards. The requirements must be met within a ten year period.

Becoming a Candidate Member with REIC is your first step towards achieving

an REIC Designation!

 

 

CPM® ROADMAP

 

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APPLY

APPLICATION CHECKLIST

To expedite and avoid delays in the processing of your application, please be sure that you:

• Fill out candidacy application form
• Sign and date application form indicating your acceptance of the Rules & Regulations.
• Complete and have your current employer sign the Experience Update Form. (Note: this can be submitted at a later date when ready to apply for designation.)
• Attach current resume and any real estate education transcripts.
• Include 3 letters of recommendation.
• Include a non-refundable processing fee of $350.00 plus GST/HST.  Credit Card, Cheque or online payment are all accepted.

EDUCATION

 

EDUCATION – Select one of four options

Option 1: Complete the required courses – available in classroom or by home study MNT402: Property Maintenance and Risk Management HRS402: Human Resource Essentials for Real Estate Managers MKL405: Marketing and Leasing Strategies for Multi-Family Properties   or MKL406: Marketing and Leasing Strategies for Office Buildings FIN402: Investment Real Estate: Financial Tools ASM603: Investment Real Estate Financing and Valuation - Part One ASM604: Investment Real Estate Financing and Valuation - Part Two ASM605: Investment Real Estate Financing and Valuation - Part Three

Option 2: Other Designations Fast Track   Hold a CCIM, CSM, PCAM, or RPA designation	Option 3: Real Estate Degree Fast Track   Have an undergraduate or graduate degree (e.g. major, minor, or concentration) in real estate or property management		Option 4: Professional Experience Fast Track   Have 20 years of qualifying professional experience (as verified via experience reports and approved by chapter)
ETHICS
REIC 2600: Ethics & Business Practice
MPSAXM / MANAGEMENT PLAN – Select one of two options
Option 1   Pass management plan skills assessment course (MPSAXM)		Option 2   Successfully complete a  management plan on an actual property
EXAMINATION
Pass the CPM certification exam

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EXPERIENCE

To obtain the CPM® designation a minimum of three (3) years of qualifying experience, meeting minimum criteria must be met in order for the candidate to qualify for membership. The CPM® experience criteria are based on the following:

A) The Functions Test

Activities performed by real estate managers are defined according to 36 functions (see Part 2 of Experience Update Form). You must perform 19 of the 36 functions in order to pass the functions test.

B) The Minimum Portfolio Test

To qualify for the experience credit, you must manage a minimum portfolio, which may vary with the number of sites you manage. You can manage any combination of property types listed here, as long as your combined portfolio meets the minimum requirement.

 

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ETHICS & STANDARDS

Ethics and Standards are the cornerstone of what we do. REIC and IREM members are obligated to uphold the REIC Code of Professional Standards and the IREM Code of Professional Ethics and as such, conduct their professional activities in accordance with these codes. 

Review the codes here.

 

 

 

 

 

For further information or assistance, please contact the Admissions Department at: 1-800.542.7342 or 416.695.9000 x260.