MO 3.0 hours Property Management - Course Syllabus
3.0 Core Hours
Operating a property management business involves developing and implementing a set of systems and practices that meet property owners' and tenants' needs; adhere to a number of federal, state, and local laws; and ensure effective and safe property operations. This course will explore key areas in operating a successful property management company.
Running a successful property management business requires extensive planning, excellent organization, proper resources, and expertise in a functional business. You must be able to successfully communicate to clients and potential clients how your company can help them solve problems with managing properties, create efficient property operations, and generate the highest return on investment. It also involves demonstrating how the company can meet prospective clients' needs better than competitors. Pricing and promotion are two critical components.
Client relations involve more than just answering clients' questions, responding to them in a timely fashion, and providing information. It entails building trusting relationships with them to strengthen their loyalty to the company, with the goal of maximizing revenue. This includes meeting their expectations, developing strategies for increasing return on their investment properties, educating them about property management topics, and identifying potential problems and creating strategies to curtail them.
This course describes the responsibilities involved with operating a property management business. Tips and tools are presented to help you be successful.