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Property Management New

Course Description

Course Description:

Property management is a special category of real estate work. The term “property management” generally refers to the group of services which an owner hires a professional property manager or management firm to perform. The quality of management directly affects the profitability of the property being managed. A skilled property manager thus protects the owner’s capital investment in real estate and makes sure that the property generates profit. In many cases, property managers must be licensed real estate brokers.

This course includes the following lessons.

  • Introduction to Property Management
  • Management Agreements
  • A Property Manager’s Typical Duties
  • Interacting with Tenants
  • Property Management and Leases
  • Real Estate Practice Lesson
  • We will cover a property manager’s basic functions, including administrative duties, leasing practices and the manager’s legal relationships with the owner and the tenants of the property. The course also discusses the way to construct a management agreement so that the manager and the owner clearly understand one another’s roles. Licensees will benefit from understanding the various types of property management, as well as the duties that successful property managers must carry out.

    The concluding lesson in this module presents real – world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this course, he or she should try to develop a broad picture of property management and how it fits into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.

    LEARNING OBJECTIVES:

    • Describe the purpose and the various kinds of property management.
    • Outline the manager’s legal relationship with the owner.
    • Identify the day – to – day tasks of the property manager.
    • Describe effective ways for a property manager to interact with tenants and potential tenants.
    • Recognize the various types of leases and leasing procedures.

    Regulatory Requirement

    Our staff works diligently to provide you with an analysis of current mandates and legislation that affects you the licensee. All information pertaining to the Mandatory Continuing Education requirements can be found on the State Requirements page. You can find the link to this page on the upper Navigation bar on the Course Catalog.

    Course Completion

    Any applicable completion certificates or affidavits can be printed after completing the course and final exam.

    Testing

    Quizzes – There is a quiz at the end of each lesson to test comprehension of the subject matter.

    Final Exam – Passing Grade 70%. You can take the final three times.

    About The Subject Matter Expert

    This course is created and brought to you by 360Training, a leading provider of accredited e – learning courses to working professionals through today’s leading schools, associations and corporations. 360Training’s high quality e – learning courses assist thousands of working professionals each month in a wide range of disciplines to succeed in today’s marketplace, renew licenses, acquire certification or prepare for a new profession.

    Support

    If you have any requests for technical support please contact the 360Training Support Department located in the HELP section of your account profile. Technical support inquiries are handled immediately.

    State Requirements

    Our real estate CE courses meet the requirements of the Michigan State Board of Real Estate Brokers & Salespersons.

    PRICE:

    $29.95

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