Real Property Administrator®

Definition of "Real Property Administrator®"

Written by

William Underwood

Hayden Scott Properties

In the real estate industry, several professional designations can be awarded to real estate professionals. These professional designations provide real estate professionals with the knowledge and expertise necessary to excel in their particular field. The most known certification for real estate agents is the Realtor® designation provided by the National Association of Realtors® (NAR), but property managers have their own professional designation type.

Real property administrator® is the professional designation for property managers. This designation is provided by the Building Owners and Managers Association (BOMA) International, a nonprofit institute created for management programs that educate managers of property and facilities. 

It’s important to note that another professional designation for property managers, the Certified Property Manager (CPM), is for those dealing with all types of property.

Why become a Real Property Administrator®?

As a property manager who administers commercial buildings, you mightbe interested in expanding your knowledge of the field, enhance your standing in the industry, get access to more prominent clients and, of course, maximize your net income. Through the real property administrator® designation, a property manager can position themselves for long-time success. 

Need help as a:

I am a buyer

I am a realtor

I'm interested to:

Buy

Sell

Rent

I work in:

Residential

Commercial

Rental

Reach out to the local professionals for help

Where?

Name

Phone

Email

 

I agree to receive FREE real estate advice.

Agents, get listed in your area. Sign up Now!

Here's what you'll get:

1. Full zipcodes coverage for the city of your choice for 3 months

2. The ability to reach a wider audience

3. No annual contract and no hidden fees

4. Live customer support/No robo calls

$75 - Any City - 3 Months Coverage

Where?

First Name

Last Name

Cellphone

Email

Credit Card Number

Credit Exp Date*

01 02 03 04 05 06 07 08 09 10 11 12 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043

CCV*

Billing Zip code*

 

Please wait ...

I agree to receive FREE real estate advice

I agree with Terms & Conditions and Section 5-5.9.

Through the real property administrator® designation program, property managers can have access, insight and knowledge about administering a commercial building. Office buildings are generally ran by property managers who will understand the diverse aspects of property management through this program and learn to analyze all commercial building facets. The applicants will learn risk management, budgeting and accounting for real estate offices, and best bidding practices. The program also provides knowledge for leasing and marketing offices, selecting the best contract providers, and managing the building from an owner’s perspective.

How to become a Real Property Administrator®?

This designation is specifically designed for property managers, so if you’re a property manager and want to advance in your career, the Building Owners and Managers Association International can provide you with the necessary tools.

To apply for the real property administrator® designation program, a property manager, assistant property managers, or other real estate professionals who manage assets must have at least three years of experience managing commercial real estate. The whole list can be found on the Building Owners and Managers Institute website.

Once all the requirements aremet, the designation asks to fulfill at least eight required courses (online or in a classroom) during the maximum seven years for designation or three years for certification. The program duration depends on the applicant’s schedule and abilities to complete the courses.