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AMO® firms have served the property management community since 1948. IREM's consistent growth is indicative of the AMO®
designation to real estate professionals. The most recent survey indicates that AMO® firms are responsible for managing 2.1
million residential units valued at $85 billion and 561 million square feet of commercial property with an estimated value of
about $39 billion. AMO® firms manage a variety of investment properties.
The typical AMO® portfolio includes office buildings, apartments, federally-assisted housing, condominiums, single family
dwellings, and industrial properties. Whatever the size of type of your real estate investment, here is an AMO® firm prepared to
manage it for you. Furthermore, AMO® firms are frequently involved in some type of real estate activity in addition to property
management. Surveys reveal that while 85 percent of the business generated by AMO® firms
relates to property management, other real estate functions include brokerage,
10 percent; appraisal, 7 percent; development, 10 percent; consulting, 5
percent; and syndication, 9 percent.
In order to qualify for the AMO® designation, a firm must have been engaged
in property management activity for at least three years.
AMO® firms recognize expertise plays a critical role in increasing the future of your real estate investments. Thus, they are
required to have a CERTIFIED PROPERTY MANAGER® (CPM®) directing and supervising the firm's property management
activity. The CPM® designation is the most widely recognized property management designation among institutional investors,
and it is attained by individuals who complete extensive course study, who have met experience requirements in both fiscal and
operational management, and who adhere to a professional code of ethics. CPM® members
are described as versatile specialists.
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