Top 11 Leasing Manager Certifications

Certifications for a leasing manager demonstrate that the individual has the knowledge and experience necessary to work in the field. They can be seen as tangible proof of competency and provide assurance to potential employers that the individual is capable of performing the job effectively. Certifications also help to differentiate a candidate from others in the job market, making them more attractive to employers. Finally, certifications are often required for certain roles or positions within organizations, so having them can open up additional opportunities.

The purpose of this article is to review the top certifications for Leasing Managers and explain how they can help advance their careers.

What are Leasing Manager Certifications?

Leasing manager certification is a professional credential that demonstrates proficiency in the field of leasing and rental property management. It is designed to equip leasing agents with the essential skills, knowledge and abilities needed to manage residential and commercial properties. The certification program covers topics such as tenant screening, rent collection, lease negotiation, customer service, legal requirements, marketing strategies, financial analysis and risk management. By completing this certification program, leasing managers can demonstrate their expertise to current and prospective employers while increasing their job prospects. Additionally, they may find themselves more attractive to potential landlords or clients who need reliable property managers. With this certification, leasing managers can showcase their knowledge of the industry and provide proof of their capability in managing rental units efficiently and effectively.

Pro Tip: Consider taking a leasing manager certification course to gain additional knowledge and skills in the field. This certification can help you stay up-to-date on current trends and best practices, as well as give you an edge in the competitive job market.

Related: What does a Leasing Manager do?

Top 11 Leasing Manager Certifications

Here’s our list of the best certifications available to Leasing Managers today.

1. Certified Leasing Professional (CLP)

The Certified Leasing Professional (CLP) is a professional designation that recognizes leasing professionals who have demonstrated their knowledge and expertise in the field of commercial leasing. It is awarded by the National Association of Commercial Finance Brokers (NACFB), an international organization dedicated to promoting best practices in commercial finance.

To become a CLP, individuals must pass an exam administered by the NACFB. The exam covers topics such as lease terminology, legal and regulatory issues, financial analysis, lease structure, negotiation techniques, and customer service. The exam consists of multiple-choice questions and takes approximately two hours to complete.

In order to be eligible to take the CLP exam, applicants must have at least two years of experience in commercial leasing or related fields. They must also submit proof of their experience as well as a completed application form and fee. The fee for the CLP exam is $295 USD for members of the NACFB and $395 USD for non-members.

Once an individual passes the CLP exam, they will receive a certificate from the NACFB recognizing them as a Certified Leasing Professional. This certification is valid for three years after which point it must be renewed by taking an updated version of the CLP exam.

2. Certified Property Manager (CPM)

Certified Property Manager (CPM) is a professional designation awarded by the Institute of Real Estate Management (IREM). It is a widely recognized credential that demonstrates an individual’s commitment to excellence in property management. The CPM designation is awarded to individuals who have achieved a high level of expertise in the field of property management, and have demonstrated their knowledge through rigorous coursework and testing.

The process for obtaining the CPM designation typically takes between two and three years. To become certified, an individual must complete 10 courses offered by IREM and pass an exam for each course. The courses cover topics such as financial analysis, marketing, legal issues, human resources, risk management, and other areas related to property management. After completing all 10 courses and passing the exams, applicants must submit a portfolio demonstrating their experience in the field of property management.

The cost of obtaining the CPM designation varies depending on membership status with IREM. For non-members, it costs approximately $2,000 for tuition plus exam fees. However, members receive discounted rates on tuition and exam fees which can reduce the overall cost significantly. Additionally, there are several scholarships available to help offset some of the costs associated with obtaining the CPM designation.

3. Certified Apartment Manager (CAM)

Certified Apartment Manager (CAM) is a professional certification that recognizes the knowledge and skills of experienced apartment managers. It is administered by the National Apartment Association (NAA) and is one of the most respected credentials in the industry.

The CAM designation requires a minimum of two years of experience in property management and successful completion of an eight-hour course. The course covers topics such as legal issues, tenant relations, marketing, budgeting, maintenance, and safety. Upon successful completion of the course, candidates must pass an exam to receive their CAM certification.

The cost to take the CAM course varies depending on where you take it. Generally speaking, it can range from $200-$400 for the entire program including materials and exam fees. Depending on your location, you may be able to find courses offered at discounted rates or even free of charge through local apartment associations or other organizations.

It typically takes 4-6 weeks to complete the course and pass the exam depending on how quickly you are able to study and absorb the material. Once you have completed all requirements for your CAM certification it is valid for three years before needing to be renewed.

4. Certified Residential Property Manager (CRPM)

A Certified Residential Property Manager (CRPM) is a professional designation offered by the National Association of Residential Property Managers (NARPM). This certification is designed to recognize individuals who have demonstrated a high level of competency in the field of residential property management. The CRPM designation is intended for those who manage single family homes, condominiums, townhouses, and other residential properties.

It typically takes about 6-12 months to complete the requirements for the CRPM certification. To qualify for the CRPM designation, applicants must first become an active member of NARPM and then complete an approved course in residential property management. Applicants must also pass a comprehensive exam that covers topics such as tenant relations, legal issues, maintenance and repair, leasing procedures, financial management and more.

The cost of obtaining the CRPM designation varies depending on your membership status with NARPM. The cost can range from $300-$600 depending on whether you are already an active member or not. Additionally, there may be additional costs associated with taking approved courses or purchasing study materials.

5. Accredited Residential Manager (ARM)

Accredited Residential Manager (ARM) is a professional designation awarded by the Institute of Real Estate Management (IREM). It is designed to recognize residential property management professionals who have demonstrated excellence in their field.

To obtain the ARM certification, one must complete an application and submit it to IREM. The application requires evidence of at least two years of full-time property management experience, as well as proof that the applicant has completed a minimum of 30 hours of qualifying education courses. Once the application is approved, applicants are required to pass an examination that covers topics such as ethics, legal issues, marketing, budgeting and tenant relations.

The cost for the ARM certification varies depending on whether or not you are already a member of IREM. For non-members, the fee is $1,250; for members it is $750. The exam itself costs $125 for non-members and $50 for members.

In total, it typically takes between four and six months to obtain the ARM certification after submitting your application.

6. Real Estate Brokerage Management Certification

Real Estate Brokerage Management Certification is a professional credential designed to recognize individuals who have achieved a high level of knowledge and experience in the field of real estate brokerage management. This certification is offered by the National Association of Realtors (NAR).

The certification process typically takes between six months to a year to complete, depending on the individual's level of experience and commitment. To become certified, applicants must first complete an educational course approved by NAR. This includes completing several hours of online instruction, as well as attending an in-person seminar or workshop. Applicants must also pass an exam administered by NAR in order to receive their certification.

In addition to the educational requirements, applicants must also meet certain criteria related to their professional experience and ethical standards. They must have at least three years of full-time real estate brokerage management experience and must demonstrate their commitment to ethical practices within the industry.

The cost for Real Estate Brokerage Management Certification varies based on the type of course taken and other factors. Generally speaking, it can range anywhere from $500-$2,000 depending on the program chosen.

7. Certified Commercial Investment Member (CCIM)

The Certified Commercial Investment Member (CCIM) designation is a professional certification in the commercial real estate industry. It is awarded to experienced professionals who have completed an extensive curriculum, passed a comprehensive examination, and demonstrated their ability to apply the knowledge gained through practical experience.

It typically takes three to four years of study and practice to become a CCIM, although some candidates may complete the program in as little as two years. To earn the designation, candidates must complete four core courses, an elective course, and pass a comprehensive exam. The courses cover topics such as financial analysis, market analysis, user decision analysis, investment analysis for commercial investment real estate, and ethics.

Candidates can pursue the CCIM designation through self-study or by attending classes at one of more than 80 CCIM Institutes across the United States and Canada. The cost of earning the CCIM designation varies depending on how you choose to pursue it. Self-study materials typically cost between $2,000 and $3,000 while attending classes at a CCIM Institute costs approximately $4,500.

8. National Apartment Association Education Institute (NAAEI) Certifications

The National Apartment Association Education Institute (NAAEI) is a professional organization that provides certifications and educational opportunities to those in the apartment industry. NAAEI offers four certification programs: Certified Apartment Manager (CAM), Certified Apartment Supplier (CAS), Accredited Residential Manager (ARM) and Certified Occupancy Specialist (COS).

The CAM certification is designed for property managers who are responsible for the day-to-day operations of an apartment community. It takes approximately 3-6 months to complete the program, depending on how much time you can devote to studying. To get certified, you must take and pass a comprehensive exam consisting of multiple-choice questions. The cost of the CAM certification is $295 plus any applicable taxes.

The CAS certification is designed for suppliers who provide products and services to apartment communities. It takes approximately 2-4 months to complete the program, depending on your study schedule. To get certified, you must take and pass a comprehensive exam consisting of multiple-choice questions. The cost of the CAS certification is $195 plus any applicable taxes.

The ARM certification is designed for experienced property managers who are responsible for overseeing multiple properties or large portfolios of properties. It takes approximately 6-12 months to complete the program, depending on your study schedule. To get certified, you must take and pass a comprehensive exam consisting of multiple-choice questions as well as a written essay portion. The cost of the ARM certification is $495 plus any applicable taxes.

Finally, the COS certification is designed for occupancy specialists who are responsible for ensuring compliance with fair housing laws and regulations related to tenant selection criteria and screening processes. It takes approximately 3-6 months to complete the program, depending on your study schedule. To get certified, you must take and pass a comprehensive exam consisting of multiple-choice questions as well as a written essay portion. The cost of the COS certification is $295 plus any applicable taxes

9. Certified Shopping Center Manager (CSCM)

Certified Shopping Center Manager (CSCM) is a professional certification program offered by the International Council of Shopping Centers (ICSC). It is designed to recognize and reward those professionals who have achieved a high level of knowledge and experience in the management of shopping centers.

The CSCM program consists of three levels: Certified Shopping Center Manager (CSCM), Advanced Certified Shopping Center Manager (ACSCM) and Master Certified Shopping Center Manager (MCSCM). To become certified, applicants must pass an exam that covers topics such as leasing, marketing, finance, operations, customer service and legal issues.

The CSCM program typically takes about six months to complete. Applicants must first submit an application form along with their resume and supporting documents. After their application is approved, they can take the exam at one of ICSC’s testing centers. The exam fee is $375 for members or $475 for non-members.

Once applicants pass the exam, they will receive their CSCM certificate and be eligible to apply for higher levels of certification within the program. They will also gain access to exclusive resources such as webinars, workshops and conferences that are available only to certified shopping center managers.

10. Accredited Land Consultant (ALC)

Accredited Land Consultant (ALC) is a professional designation that is earned through the American Society of Farm Managers and Rural Appraisers (ASFMRA). It is a recognition of expertise in land-related matters, such as appraisals, land management, conservation, real estate transactions, and more.

To become an ALC, one must meet certain educational and professional experience requirements. An applicant must have a minimum of five years of full-time experience in the field of land consulting or related activities; three years of which must be in the area of land consulting. Additionally, applicants must also complete at least 30 hours of continuing education courses specific to land consulting within the past three years.

Once all requirements are met, applicants can submit their application for review by ASFMRA's Professional Standards Committee. The committee reviews applications and determines if the applicant meets all qualifications to become an ALC. If approved, the applicant will receive their ALC designation and will be able to use it on business cards and other forms of marketing materials.

The cost to apply for an ALC designation varies depending on the individual's membership status with ASFMRA. For non-members, there is a $150 application fee plus any additional fees associated with required continuing education courses. For members, there is a $75 application fee plus any additional fees associated with required continuing education courses.

Overall, it typically takes several months from start to finish for an individual to become an Accredited Land Consultant (ALC).

11. Real Estate Negotiation Expert (RENE).

Real Estate Negotiation Expert (RENE) is a certification program offered by the Real Estate Negotiation Institute (RENI). The program is designed to help real estate agents and brokers become more effective negotiators in their transactions. It provides them with the knowledge and skills needed to maximize the value of their clients’ investments.

The RENE program consists of a two-day course, which covers topics such as negotiation strategies, communication techniques, and legal considerations. After completing the course, participants must pass an exam to become certified. The exam is administered online and takes approximately three hours to complete.

The cost of the RENE certification program varies depending on the provider. Generally, it can range from $500-$1,000 USD for the course and exam fees combined.

In order to get certified as a RENE, you must first register for the course through an approved provider. Once registered, you will be provided with access to all materials needed for the course including textbooks, audio recordings, and video lectures. Upon completion of the course and passing of the exam, you will receive your official RENE certification certificate from RENI.

Do You Really Need a Leasing Manager Certificate?

Whether or not you need a leasing manager certificate depends on your goals and the specific requirements of the job you are seeking. In some cases, having a leasing manager certificate can give you an advantage over other candidates in the hiring process. It can demonstrate to employers that you have taken the initiative to gain additional knowledge and skills related to the job, which can make you stand out from other applicants.

On the other hand, if the job description does not require a leasing manager certificate, then it may not be necessary for your career. For example, if your qualifications already make you qualified for the position, then having a leasing manager certificate may be unnecessary. Additionally, if you do not have any prior experience working in property management or leasing, then obtaining a certificate may not be beneficial to your job search.

Ultimately, having a leasing manager certificate is only necessary if it is required for the job that you are applying for or if it will help give you an advantage in getting hired. If neither of these apply to your situation, then obtaining a certificate may not be necessary for achieving your career goals.

Related: Leasing Manager Resume Examples

FAQs About Leasing Manager Certifications

Q1. What is a Leasing Manager Certification?

A1. A Leasing Manager Certification is a professional credential that demonstrates an individual's knowledge and experience in managing residential or commercial rental properties. The certification typically requires completion of coursework, exams, and practical training in areas such as legal compliance, tenant relations, and property management practices.

Q2. How do I become certified as a Leasing Manager?

A2. In order to become certified as a Leasing Manager, you must complete the necessary coursework and pass the required exams. You will also need to demonstrate sufficient experience in the field of property management before being awarded your certification.

Q3. What are the benefits of being certified as a Leasing Manager?

A3. Being certified as a Leasing Manager can help you stand out from other applicants when applying for jobs in the real estate industry or when negotiating contracts with landlords and tenants. It also provides you with an edge when it comes to negotiating rents and expenses with tenants, which can lead to higher profitability for your business. Additionally, having this credential may qualify you for discounts on insurance premiums and other services related to property management activities.

Q4. How long does it take to complete the certification process?

A4: The length of time it takes to complete the certification process varies depending on each individual's experience level and how quickly they can complete their coursework and exams; however, most individuals are able to obtain their certification within 1-3 months if they are dedicated to studying and learning the material needed for success on their exams.

Q5. Are there any additional requirements for maintaining my certification?

A5: Yes, once you have obtained your certification, you must maintain it by completing continuing education courses every two years in order to stay up-to-date with changes in laws and regulations related to leasing managers/property management professionals.