Maximize financial potential with new online course

A new online course from the Institute of Real Estate Management (IREM) is available to teach property management fundamentals to Realtors® without a lot of experience in managing single family homes and investment properties.

SFH201 was developed by IREM to teach property management basics and would benefit the Realtor® who acquires the occasional rental client. This may be a client who can’t sell the home and decides to try renting instead. The course also serves as introduction for Realtors® and owners to familiarize themselves with real estate management and rental practices.

In the course, Realtors® will learn:

• Management agreement. Requirements for management agreements and state real estate license requirements.
• Ethics and legal Issues. Importance of ethics in property management, fair housing issues, resident-landlord and other laws related to leasing and property management, and evictions.
• Maintaining the property. Maintenance guidelines and strategies, major residential maintenance components, working with contractors, and creating a greener property.
• Financial tools. Property budgets and trust accounts, cost-benefit analysis, record-keeping and reporting systems.

This course was developed to give Realtors® an understanding of the workings of managing single family homes and small investment properties as well as maximizing the value and financial potential of the properties being managed.

This is a self-paced course. No continuing education (CE) credits are being offered by Pennsylvania for the course. If participants are an IREM member, they will receive a member discount. If participants are not currently a member, they can join IREM or pay full value for the course.