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ARM® What Is An ARM ®?
ARM®
stands for Accredited Residential Manager®
. . . the certification awarded by the Real Estate Institute of Canada
and the Institute of Real Estate Management to specialists who manage
residential properties. This includes rental apartment complexes,
rental mobile homes, rental condominiums, rental single-family homes,
and condominiums. ARM®-trained
managers are in a position to improve the quality of life of people
who live in residential properties while at the same time enhancing
the value of the assets they oversee.
To locate an ARM®,
go to our
search
page
To receive information about why you should choose to use an ARM®,
contact designations@reic.com
Interested in becoming an ARM®?
The following is a general summary of the requirements for earning the
ARM®
designation. For complete information, consult the ARM®
Designation handbook. Order your copy from
designations@reic.com
or call REIC at 416-695-9000 or, from within Canada, 416-542-REIC
(7342).
For information on the ARM®
program in the United States,
click
here
Whether you are the resident manager, assistant manager, property
manager, or asset manager . . . the ARM®
certification is for you if you want to be recognized in the nation's
most prestigious program for residential management specialists.
Minimizing vacancies, controlling operating costs, enhancing property
values, fulfilling the owner's objectives ... these are just a few of
the challenges a manager of residential real estate faces every day.
Outstanding residential managers know what it takes to meet every new
challenge - state-of the art training - ACCREDITED RESIDENTIAL MANAGER®
(ARM) training.
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| The ARM®
service award signifies: |
Experience
- Every ARM® has a minimum level of
experience managing a sizeable residential portfolio.
Skills
- Every ARM® has full responsibility
for a number of demanding property management functions.
Training
- To become an ARM®, a property
manager must successfully complete REIC
101: Successful Site Management,
the course that deals specifically with the challenging
operational problems that site managers face on a day-to-day
basis.
Professionalism
- Every ARM® commits and adheres to
a Professional Code of Ethics that is rigorously enforced by REIC.
It is this Code that truly sets the ARM® apart from every other
residential manager.
Unending Education
- Education for the ARM® participant
does not stop with obtaining the award. It is continuous. Every
ARM® meets REIC's mandatory continuing education requirement.
Education opportunities are continuously offered by the Institute
through local Chapter meetings and regional meetings.
How to become an ARM® Applicant
Before you can earn the ARM® service award, you need to become an
applicant.
All you have to do is:
Complete the application form; include all your references,
non-refundable processing fee, and mail to REIC National Office.
Please be sure to include copies of any documents (e.g. university
graduation, course records, transcripts) that will help to expedite
your application.
Your professional experience is calculated, your references are
contacted, and a chapter interview is conducted (usually at your place
of business).
The Admissions Department will confirm your candidacy in writing.
Achieving the ARM® Service Award
Once you are an ARM® applicant, you will be required to:
First,
RES201:
Successful Site Management, which is available through your
local chapter. The course lasts five days, and a proctored examination
must be written on the sixth day. It is then sent to REIC National
Office for grading, and final results in writing are sent to the
student within 60 days. The course may also be taken by Home Study,
and the materials and text will be delivered. Students must register
directly with REIC, and have four months (120 days) to review the
work. A final exam (100 multiple choice questions, not open book) is
also required and proctored. The second course is
REIC
2600: Ethics and Business Practice. This is a three-day
course with a final assignment. Check the
education schedule
for course dates and locations.
The ARM® Program - It's Right for You
Residential management is an exciting and diverse field. Professional
accreditation is the surest way to keep up with the many innovations
taking place in this growing industry.
Ready to start?
Send us a message at
designations@reic.com
and we will send you the material for review, and then call to guide
you through it. Or, feel free to call us at 416-695-9000 or
800-542-REIC (7342)(within Canada.)
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