Single Family Homes and Two-to-Four Unit Residences
Course description: This four (4) hour course will provide real estate professional with a thorough understanding of the single family rental housing market. Learn the fundamental concepts and forces that drive the rental marketplace along with the requirements, responsibilities, procedures, and processes involved to establishing a successful property management business.
The Professional Property Management course counts toward earning the Property Management Certification (PMC). For more information about the certification, please visit www.car.org/education/designations/pmc/.
Registration: To register for a Professional Property Management for Single Family Homes and Two-to-Four Unit Residences course near you, visit the Education Calendar.
Can’t make it to the classroom? Take the course online. At the end of the course, you will have a thorough understanding of the single-family rental housing market. Learn the fundamental concepts and forces that drive the rental marketplace along with the requirements, responsibilities, procedures, and processes involved in establishing a successful property management business.
How you benefit from taking this course:
Identify the most likely sources of property management clients and prospective tenants
Learn how to comply with legal issues and Bureau of Real Estate (BRE) licensing requirements for all new property management businesses
Understand how to complete the C.A.R. Standard Form - Property Management Agreement (PMA)
Explain and perform the daily management duties expected of a professional property manager
This course covers:
The Single Family Home Rental Market
Understanding the market and marketplace
Financial crisis and the rental market
The inventory source
The tenant source
The property management opportunity
Getting Started: Opening Your Business
Business plan, operating procedures and policy
Prospecting and referrals
Accepting a new client or property
The Property Management and Rental Agreements
The C.A.R. Standard Forms Property Management Agreement (PMA)
Rental and lease agreements
Property Management Operations
Property care and maintenance
Who should attend: Any real estate professional looking to increase their income by establishing a successful residential property management business.