Description

Want to know more about Property Management without jumping in headfirst? This is the course for a Realtor® that wants or needs to know enough about Property Management to get by–whether to manage a property or two now or as an introduction to property management if they are considering possible investment down the road. Offered as a three or a four CE hour course, this class will prepare the student for those times when they must act as a property manager. It will walk them through the reasons that they are needed, what they need to do, and what they can expect from a legal standpoint. For the most efficient results, the material is written to provide Realtors® with hands-on, everyday information for actual management engagements. Finally, the course is designed to provide homebuyers with a knowledgeable practitioner, familiar with both the practice and the laws behind landlord/tenant relationships.

Objectives: After taking this class students will be able to: 

• List seven reasons why professional property management is needed. 

• List the most common property management assignments and the specific challenges with each. 

• List the protected classes under the various Fair Housing laws. 

• Describe the fiduciary duties of a property manager. 

• Define the specific accounting requirements 

• List the steps required in tenant eviction. 

• Define the potential problems between manager and tenant and between owner and manager. 

• Describe six sources of potential management clients. 

• Describe seven sources and methods for attracting tenants to management properties.