Certified property manager (CPM) is an officially recognized professional certification. It is issued by the National Institute of Real Estate Management in all states, real estate managers must be either licensed or certified by an outside organization, so does real estate brokers need to have a certified real estate agent license in order to do business? No. The only real difference between a certified real estate agent and a certified real estate manager is that the former is able to conduct all of their duties through the use of a computer system and the latter uses traditional paper-based methods. You can find out more about how your state classifies certified property management by checking with your state’s licensing agency or department of licensing and regulation.
Another common question is whether or not being certified really helps someone in the real estate field. The answer is yes and no. It may be useful to have a CPM on hand if you are looking for a job, however a certified agent is usually much more highly sought after than an unlicensed one. You can learn more about how your state classifies certified real estate agents by checking with your state’s licensing board or department of licensing and regulation.
While many people believe that having a CPM certification will help someone with a job in the real estate field, there are a lot of other reasons why having one may not be worthwhile. A certificate in real estate management will allow you to get hired faster by a particular realty firm, but that is about it. If you want to work in a real estate agency, you will need to prove your worth as a realty agent and become certified. This does not give you the right to take an exam and become a licensed real estate agent in your state.
Many states offer a number of training programs to help aspiring professionals, but the courses often lack the content needed to truly prepare the student for a real estate career. In addition, the realty industry is extremely competitive and you will quickly discover that the more money you pay for these classes, the better you will do in the business.
When I ask myself whether or not it is worth it to get a CPM, I look at the value to me of doing my homework before I spend my money on a course to learn how to do my real estate certification. I also consider the fact that the courses offered are geared toward professionals in the industry who already have some experience under their belts, so those who want to go into the trade without any previous knowledge will do well to avoid the classes. The bottom line is that, while a certification in real estate management can help you get a job, it is not necessary to become a certified real estate agent.
There are plenty of people that find out that the value of a real estate certification is not worth the money they invest. After spending thousands of dollars on these classes, they find that they cannot use them to their advantage. The bottom line is that those who are willing to invest in their future by earning a realty agent license can take the time to research the field before they spend their hard earned money on an expensive certification course. I would advise them to do just that.