BOMA
For property managers interested in commercial property management, we chose the Building Owners and Managers Association (BOMA) Certified Manager of Commercial Properties (CMCP) course. You’ll benefit from BOMA’s commercial real estate industry reputation, the network it provides, and its world-class course content.
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Need a degree or four years of experience
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No in-person learning option
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Testing is in-person or online proctored
BOMA is the name to know in commercial property management, so it’s no surprise that their course is our winner. The course is custom-designed to make you an expert in commercial property management by giving you real-world knowledge and linking you to an international network of professionals.
BOMA’s Certified Manager of Commercial Properties (CMCP) course was custom-created in July 2019 to prepare property managers for a successful career in the industry. BOMA isn’t a newcomer to the commercial real estate space, however; they’ve been bringing together owners, managers, and property professionals of commercial buildings since 1907.
If you have a degree and some experience as a property manager, you may be able to skip the course and go right to the exam. However, if you don’t have a degree, you’ll need four years of property management experience and 30 hours of verifiable education in commercial property management to qualify. BOMA’s course is exactly 30 hours and meets all of the education requirements, so you’ll be ready for the exam.
The course covers subjects specific to commercial property management, including accounting and finance, commercial lease management, risk management and ethics, maintenance and property management, and more. It’s self-paced and fully online, and the digital textbook and study materials are included in the cost.
For the course and the exam, you’ll pay $1,170. It’s important to note that the exam is offered in-person, or in an online format with a proctor observing you via webcam. To find testing locations or to check the technical requirements for online testing, check out the CMCP Exam Information webpage.