RPA and FMA Designation Information & Requirements

By: | July 05, 2013

 

Real Property Administrator (RPA) Designation

Education for those who manage real estate assets. In this program, you will learn all aspects of operating a commercial building and maximizing a building’s net income while minimizing risk.

Components of this program include design, operation, and maintenance of an office building. You will become fully versed in budgeting and accounting for commercial real estate, risk management, and best practices in bidding. This program also covers reviewing and selecting contract providers, marketing and leasing the building, and the operations of the asset from an owner’s perspective through a comprehensive asset management component.

An RPA brings a full understanding of all aspects of property management to an employer in the commercial real estate industry or to a building owner. The overall goal is to enhance the value of the asset through proper and strategic decision making.

Experience Requirement:

Before you receive your RPA designation, you are required to demonstrate three years of verifiable property management experience. The criteria are outlined in the RPA Designation Experience Form.

RPA Designation Courses:

Click here to visit the BOMI website and view descriptions of required courses.

Required Courses:

  • Budgeting and Accounting
  • Environmental Health and Safety Issues
  • Ethics is Good Business® ShortCourse™
  • Law and Risk Management
  • Real Estate Investment and Finance
  • The Design, Operation, and Maintenance of Building Systems, Part I
  • The Design, Operation, and Maintenance of Building Systems, Part II

Elective Courses:

  • Asset Management
  • Fundamentals of Real Property Administration
  • Leasing and Marketing for Property Managers
  • Managing the Organization

Facilities Management Administrator (FMA) Designation

Education for those responsible for making sure a facility runs smoothly by creating a safe and productive workplace for a company and by taking care of tenant issues such as comfort, safety, daily operations, and maintenance.

This program will teach you how to manage facilities in a way that best supports staff and fits into your organization’s overall objectives. From new technologies to environmental health and worker safety, this program also provides the information needed to minimize maintenance costs and properly manage other timely issues.

Experience Requirement:

Before you receive your FMA designation, you are required to demonstrate three years of verifiable property management experience. The criteria are outlined in the FMA Designation Experience Form.

FMA Designation Courses:

Click here to visit the BOMI website and view descriptions of required courses.

Required Courses:

  • Environmental Health and Safety Issues
  • Ethics is Good Business® ShortCourse™
  • Facilities Planning and Project Management
  • Real Estate Investment and Finance
  • Fundamentals of Facility Management
  • The Design, Operation, and Maintenance of Building Systems, Part I
  • The Design, Operation, and Maintenance of Building Systems, Part II

Elective Courses:

  • Asset Management
  • Managing the Organization
  • Real Estate Investment and Finance