CPM (Certified Property Manager) is a globally recognised designation awarded to experts in the field of property management by the Institute of Real Estate Management (IREM) after they have completed the requirements of the certificate.
A Certified Property Manager takes care of responsibilities such as rent collection and deposit, property maintenance, showing and leasing vacant units, and budget keeping while ensuring that landlord-tenant rules and regulations are being followed. Owners who invest in multiple properties or live in a different city usually hire property managers to manage their real estate.
To be designated as a Certified Property Manager, a property manager who is able to demonstrate a satisfactory level of real world experience should enroll as a CPM candidate with the IREM and undertake 8 courses over a time period of 12-18 months. After completing all the courses the candidate needs to pass a two part final assessment and complete graduation requirements to finally be approved as a CPM.