1. • $9.3 billion purchasing power annually
• Nearly $2 trillion in real estate property assets managed
• 11.4 million residential units managed
• 10.4 billion sq. ft. of commercial space managed
• Median base salary: $94,000
• Average total compensation: $124,228
• Property owners and investors value the CPM® designation more than
any other real estate credential, according to independent research
findings.
Certified Property Manager® (CPM®)
MEMBERSHIP PROFILE
• CPM® Members
○
8,541 CPM® Members
○
Female: 50.6% | Male: 49.4%
○
Typical CPM® Member supervises 44 employees
○
Typical CPM® Member averages 22.2 years of experience
○
The average CPM® designee is 50 years old, has earned a college
degree, and works for a property management or a full-service real
estate company.
• CPM® Candidate Members
○
3,311 CPM® Candidates (The first step toward earning the CPM® designation)
○
Female: 60.2% | Male: 39.8%
○
Typical CPM® Candidate averages 12.9 years of experience
○
The average CPM® Candidate is 41 years old, has earned a college
degree, and works for a property management or a full-service real
estate company.
Type of Organization
Property Management
Full-Service Real Estate
Other
Private Owner/Investor
REIT
Development/Construction
Corporate Real Estate
Financial Institution
39.0%
23.9%
10.5%
10.4%
6.2%
4.4%
3.5% 2.1%
Requirements to Earn the CPM®
• Education–earned through IREM® courses, other specific credentials,
academic achievement, or through 20 years of qualifying real estate
management experience
• Experience–have a minimum of 36 months of qualifying real estate
management experience
• Ethics–promise to uphold the IREM® Code of Professional Ethics and pass
the IREM® ethics course
• Examination–show competency in all aspects of real estate
management by passing a certification exam
• Examination–demonstrate practical application through a written
management plan
• Candidacy–be a CPM® Candidate Member for a minimum of one year
0 5 10 15 20 25 30 35
Facilities Manager
Department Head
Other
President/CEO
Asset/Portfolio Manager
Owner/Partner
Regional/Distric Manager
Officer/Director/VP
Property Manager/Supervisor
Position Held in Company
30.7%
20.8%
14.0%
10.1%
9.1%
6.5%
6%
1.5%
1.3%
0 10 20 30 40 50 60
Office
Conventional Apartments
Retail
Industrial
Federally-Assisted Housing
Condos/Co-Ops/HOAs
Medical
Land Parcels
Single-Family Housing
ParkingGarages
Property Types Managed
51.6%
6.3%
7.4%
8.0%
10.6%
13.4%
16.3%
17.5%
28.7%
35.1%
Percentage of U.S. Market Managed
42.8%
35.0%
27.7%
21.2%
13.6%
8.8%8.2%7.6%7.2%
By the Numbers: