Accredited Residential Manager (ARM)
Definition and meaning of Accredited Residential Manager (ARM) in real estate.
An Accredited Residential Manager (ARM) is a professional certification issued by the Institute of Real Estate Management to residential property managers. The designation recognizes managers who have completed specialized training and demonstrated success in managing rental properties.
In more detail
ARM certification is designed for managers of apartment buildings, condominiums, and single-family rental portfolios. To earn the credential, candidates must meet educational requirements, pass a certification exam, and pledge to follow a strict ethical code. These managers understand how to maintain high occupancy rates, handle emergency repairs, and minimize operational costs for the owner.
Property owners benefit from hiring an ARM because these managers are trained in budgeting, leasing, maintenance, and landlord-tenant law.
Key facts
| Category | Leasing & Property Management |
|---|---|
| Issued by | Institute of Real Estate Management |
| Applies to | Residential property managers |
| Required code | IREM Code of Professional Ethics |
A real estate investment firm hires an Accredited Residential Manager to oversee the daily operations and leasing of their multi-family apartment building.
Frequently asked questions
What types of properties does an ARM manage?
An ARM is trained to manage residential properties, including apartment communities, single-family rental homes, and homeowners associations.
Is an ARM the same as a CPM?
No, the Certified Property Manager designation is a more advanced credential for managing larger, diverse property portfolios, while the ARM focus is residential.