Their skills encompass the asset management, administrative, legal, social, economic and physical areas essential to professional performance. They manage approximately 12 million residential units and 12.2 billion net square feet of commercial space.
Most members manage mixed portfolios.
They manage various types of properties including apartments, condominiums, office buildings, shopping centers, mobile home parks, federally assisted housing and industrial parks. Those violating the ethical code are subject to revocation of their designation. Topic areas studied prior to certification include marketing, management office procedures, operating budgeds, finance, human relations, modernization or change of use, valuation and insurance. The Accredited Management Organization designation is given to those management agencies which meet the standards set by the institute of Real Estate Management. The Institute investigates, accredits, and requires the continued adherence of its members to these standards for the benefit of the public.