It has been said that a company is only as good as its employees. And nowhere is this more evident than in the property management industry, especially when it comes to Certified Property Managers, who are known experts in real estate.
Earning a CPM is no small feat. It is a mark of distinction, one that takes a minimum of three years of qualifying real estate management experience to earn. The designation is awarded by the Institute of Real Estate Management (IREM) and recognized by the National Association of Realtors (NAR).
Requirements of CPMs
Because of the time, effort, and discipline required to earn the title, not every property management firm has three CPMs at the top of its organization as Pan American does. Only one is needed to qualify as an AMO®, or an Accredited Management Organization®, explains Rick Hoegler, CEO (and CPM) of Pan American. This accreditation for Property Management firms was first established in 1945, at which time it set standards in place for workplace conduct and client services that still hold true today. Over 550 firms nationally currently hold this designation.
As a result, most property management firms have one or two CPMs. Pan American is a rarity because it has three, which means a win for both the company and its clients.
Three CPMs Bring Exceptional Value to a Firm
“Normally there is one CPM (and only required to be one) to be an AMO. But to have the entire executive team all having the same designation brings exceptional value to the firm – in being able to assess assets at the CPM level and being able to compare and contrast their findings with one another,” Rick says. “Think about a college where professors get together to discuss a topic. It’s that type of advanced knowledge that sets one property management firm apart from others.”
Having a team of CPMs at the top of its leadership enables them and Pan American to “Treat properties as if they were our own, define what the owners’ objectives are, and create a management plan around those objectives,” Rick says.
Additionally, clients know that if they are dealing with CPMs, they have the knowledge to maximize the value of any property in any asset class.
How Can Pan American’s CPMs Help You?
Are you looking for a firm with distinguished Certified Property Managers with the knowledge to maximize the value of any property in any asset class? Then work with Pan American. These real estate leaders worked hard to attain this accreditation; now let them use their expertise to help you achieve your goals. Call today at (888) 754-9700 or email [email protected].