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 OnDemand course powered by Kaplan. 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. Learn more >

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 Department of Real Estate (DRE) 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
  • Office administration
• Qualifying Clients
  • 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
  • Administrative 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.

Instructors:
For Instructor Bios click here.

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