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Certified Property Manager® (CPM®) |
If you are from the United States, continue below.
If you are from Canada, contact the Real Estate Institute of Canada.
If you are from any other country, click here.
Create Your Own Opportunities. Become a CPM.
The challenges in today’s job market—from industry consolidation and increased competition to being expected to do more with less—make it harder for you to prove your experience and your credibility. The CPM designation can demonstrate your expertise and integrity to those who matter most—employers, owners and investors.
- CPM Members are recognized as experts in real estate management, and they are at the top of the profession.
- 70% of those who hold the CPM designation hold the highest management positions (owner/partner or officer/director) than those without the designation.
Total median compensation packages for CPM Members can exceed the packages of CPM Candidates of the same age, the same amount of experience and education, and with similar portfolio sizes by at least 13% and, in some brackets, by as much as 45%.
For more information about the benefits of CPM membership, visit the Member Benefits page.
Step 1. Become a CPM Candidate
The first step in becoming a CPM is to become a CPM Candidate. As a Candidate, you’ll be a member of IREM, including a local IREM Chapter, and you’ll stay informed about your progress toward fulfilling the requirements for the CPM designation.
Here’s all you need to do to become a CPM Candidate:
- Complete the CPM Candidate application online or print a PDF of the application and send it to IREM Headquarters with the non-refundable application fee, which is $150 in 2009.
- Either hold a real estate license or validate that you are not required to have one.
- Pledge to uphold the IREM Code of Professional Ethics.
Vendors, suppliers and service providers to the real estate management industry are not eligible for CPM candidacy. For information about advertising or sponsorship opportunities click here
Apply Today!
Step 2. Once you are approved as a Candidate, continue towards completion of the CPM requirements. Refer to the checklist below:
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Checklist for Becoming a CPM |
Education – Select one of three options:
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Option 1: Complete seven required courses – available in classroom, online and home study.
Recommended order:
Course schedules
If you took IREM courses prior to 2005, find out which of these courses earn credit by reviewing the CPM Course Equivalency Chart
Note: This is the suggested order, however, courses listed in 1 through 3 can be taken in any combination and/or out of sequence if necessary or if scheduling is not convenient.
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Option 2
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Option 3
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Management Plan – Select one of two options.
For more information, and to download the Management Plan Handbook, click here.
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Option 1
- Pass management plan on an actual property (MPIND)
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Option 2
- Pass management plan skills assessment (MPSA).
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Examination
To ensure your best performance on the exam, register for the CPM Certification Exam Preparation Course (CPM001).
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Ethics
NOTE: The Ethics exam is NOT available through an independent proctor and must be taken in the classroom initially.
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References
- Submit 3 Confidential Letters of Recommendation (provided at the time of candidacy approval)
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Experience
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Candidacy
- Minimum one year of CPM candidacy (maximum 10 years)
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Other Requirements
- Submit a CPM application with the application fee, which is $150.
- Be current with annual national and chapter dues. (national dues are $490; chapter dues vary by chapter.)
- Hold a real estate license or verify that you are not required to have one for your current position.
- Be affiliated with the NATIONAL ASSOCIATION OF REALTORS®.
- Attend two IREM Chapter meetings or events during the 12 months immediately prior to CPM approval.
- Be interviewed and approved by your IREM Chapter.
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For owners and investors of real estate assets:
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