What is a CPM

Charles A. Hendricks, CPM®, earned the designation of Certified Property Manager® from the Institute of Real Estate Management in 1992 when his final thesis was graded Pass Superior.

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Why should you hire or retain
the services of a Certified Property Manager®?

• To control expenses and increase occupancy to help you reach your investment goals
• To preserve value and enhance future growth

1. Maximize Your Properties Potential

You or your clients own property for one reason - as a financial investment. A CPM® can help you make the most of this investment by positioning your property to achieve its highest and best use. Because of their expertise in all property types, a Certified Property Manager® can optimize your property's potential as an income-producing investment.

2. Provide a Full Range of Management Services

Holders of the CPM® designation can best be classes as 'versatile specialists.' They are trained to professionally handle the full range of management tasks with skills that encompass the asset management, administrative, legal, social, economic and physical areas essential to property performance. Most CPM® members manage mixed portfolios, including office buildings, shopping centers and retail properties, apartments, condominiums, federally assisted and public housing, and industrial parks.

3. Attract and Retain Quality Tenants and Residents

When a property is well-managed, it is more attractive to potential tenants. Performing property inspections and overseeing operation of the building's systems will ensure that your property always looks its best. But it takes more than that to attract and retain quality tenants and residents. CPM® designees also know how to market your property to maximize occupancy and minimize vacancies. Recruiting new tenants, lease negotiation and tenant improvements, and tenant retention programs are all ways in which a CPM® can enhance the value of your real estate investment.

4. Help You Reach Your Investment Goals

CPM® members work with you as an owner and investor to achieve your goals both in the immediate future and over the long term. Whether you intend to own property for a few years or a few decades, a CPM® will analyze and review your property's financial potential to help you meet your investment goals.

5. Compete in Your Local Markets

Whether all of your real estate investments are in one city or across the world, CPM® members have the network needed to make your properties desirable in the local markets. CPM® members know what's hot and what's not in your particular area and can draw upon the knowledge of almost 9,000 other CPM® members worldwide for information and trends in other real estate markets.

6. Protect Your Investment

Integrity is critical when you trust the management of your investment to another. Certified Property Manager members must abide by a Code of Professional Ethics which is enforced by IREM. A CPM® member's commitment to this code requires the use of utmost care in managing your property and handling funds. Those violating the ethical code are subject to revocation of the designation that provides their livelihood. You can trust your real estate investment to a CPM®.