Asset Management was developed to help property managers understand the role an asset manager fills in the commercial real estate world and how a property manager relates to asset management. If you are a facility manager, you will notice that day-to-day management of buildings is linked to property managers throughout this coursebook. In reality, you can interchange the term facility manager with property manager quite frequently.
You will become familiar with how to measure financial performance and perform critical due diligence for both acquisition and disposition of assets. You will also learn the unique challenges of handling troubled real estate owned (REO) properties, as well as how to select and oversee a property management firm.
Upon successful completion of this course, learners will be able to:
- Maximize market value for your properties and assets in any economic state
- Manage troubled properties for profitable transitions
- Recognize and seize opportunities missed by competitors
- Build wealth, diversify investment portfolios, and fund returns
- Take control of your assets and improve overall operational efficiencies
KEY TOPIC AREAS:
developing an asset management plan, including appropriate resources associated with the current economy • measuring financial and operational objectives, including audits and reasons for them • managing and marketing strategies for retaining and attracting tenants • acquiring, disposing of, and evaluating troubled properties for sound decision making
APPLIES TO:PMFP certificate
FMA® and RPA® designations
BOMI International courses are recognized by many other professional organizations such as IREM, IFMA, IUOE, and more. Credits from these organizations may apply as well. Contact Sarah Kuester at (317) 632-4104 or via e-mail at email@example.com more details.
CLASSROOM SPACE SPONSORED BY:
ADDITIONAL INFORMATION AND FINE PRINT:
There is a $100 enrollment fee for individual courses (those taken separately from a certificate or designation program). If you take an individual course, then decide to enroll in a certificate or designation program, the $100 (USD) fee from your first course (only) may be applied toward the $225 (USD) enrollment fee for your first certificate or designation program. There is a $100 (USD) enrollment fee for students enrolling in a second or third certificate or designation program. Fees are nonrefundable and must be paid with or before enrolling in a course, certificate, or designation program.
There is a $50 fee if you would like a hard copy book. We are highly recommending you purchase the book as a reference. The e-books are only available for a 6-month period of time after earning your designation.
Because this is a dynamic industry, specific course requirements are based on date of enrollment. If you are not sure of your particular course requirements, please check with BOMI International.
A request to cancel registration for an educational class must be submitted via email up to seven (7) calendar days before the class starts in order to receive a 100% refund. The textbook must be returned unopened to BOMA Indiana in all cases where a student cancels registration. Once the book has been opened, $200 will be owed, as BOMA Indiana cannot return an opened book to BOMI International.
COMPUTER-BASED TESTING (CBT)
Exams are administered via Computer-Based Testing (CBT) through our testing provider, Pearson VUE. The registration fee provides for one testing session during the six-month eligibility period, which can be scheduled at the students convenience. You should receive an email from Pearson VUE within the first few days of class. If you don't, please tell your instructor right away.
EXAM ELIGIBILITY PERIOD
Students have a six-month eligibility period to schedule and take their exam. For Self-Study students, the eligibility period begins on the date of registration; for Classroom students, the eligibility period begins as of the first day of class. If a student does not take the exam within this period, the student must pay an Exam Administration Fee to begin a new six-month eligibility period.
EXAM ADMINISTRATION FEE (INCLUDES EXAM TRANSFER AND RETEST)
Students who fail an exam or require an additional six months to take the exam will incur an Exam Administration Fee allowing for an additional six-month eligibility period. This fee includes testing and administrative fees and is $100.
To ensure sufficient time to prepare, students should be registered ten (10) business days prior to the class start date. A $100 (USD) late fee will be applied to registrations received thereafter. Additional shipping fees apply and BOMA Indianapolis must pass those fees on to students due to late registrations.
STATEMENT OF NONDISCRIMINATION
BOMI International and BOMA Indiana are committed to providing an education opportunity for all persons and admits students of any race, color, gender or sexual preference, age, non-disqualifying handicap, religion, or national or ethnic origin.