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There are four things to consider when looking for the best property management training: education level, accreditation, faculty qualifications, and class size. Property management training is available from a wide range of universities, colleges, and online schools. The level of the course material varies widely, depending on the target audience. Property management training at the university level is typically one or two courses as part of an architectural or management program.
Some universities offer certificates in property management through their continuing education schools. Training programs at the college level tend to be more intense, covering a wide range of topics for both commercial and residential properties. If you are working as a property manager, take the time to investigate these training opportunities. Learning from others' mistakes is the most effective way to avoid making your own.
When selecting a property management training program, it is very important to read both the course description and the recommended prerequisites. This information is very helpful when deciding if the course is at the proper level of skill to meet your requirements. Prerequisites may include a specific course or an entire degree. Although most schools will allow you to register for a course, regardless of the prerequisites, additional effort is required to learn the material covered in that course.
Always check the accreditation status of the school offering property management training. An accredited school has been reviewed by an independent third party. Courses from an accredited school can be transferred to other post-secondary institutions. In addition, accredited schools can offer students access to government student aid programs.
All property management training programs should be taught by someone who is a verified expert. This may include a real estate or contract lawyer, property inspector, or accountant. The academic credentials are not as important as experience in these courses. Look for instructors who are honest, and forthcoming with both their successes and failures. Ask if the program has guest speakers, such as skilled trade professionals or procurement contract experts.
Small class size is best for a property management training program, as it allows the instructor to arrange a series of interactive activities. Students work in pairs or teams, trying different techniques to resolve conflicts, negotiate better services and supply contracts, and work with trades people and inspectors. There is a lot of personal interaction as a property manager, and the more practice included in the training program, the better.