A property manager taking over a new property does a management survey which includes all but which of the following?
all of the above are included
From a management point of view, an apartment building that has an occupancy which reaches 98 percent would tend to indicate that:
the building is under-maintained.
the building is exceptionally well managed.
the building is over-maintained.
the rents should be increased.
demand for the project is decreasing.
In determining the appropriate market rental to charge, property managers should consider:
the prevailing rates for competitive properties.
the inflation rate.
the unemployment rate.
the expected change in the value of the property during the holding period.
none of the above.
In developing the annual operating budget for a property, the property manager should consider all but which of the following:
the economic order quantities for supplies.
fixed expenses for the property.
expected proceeds from reversion.
long range weather forecasts.
expected property revenue
Property management designations from the Institute of Real Estate Management include
CPM, AMO, ARM.
RPA, SMT, SMA.
MAI, RM, SREA, SRPA, SRA.
None of the above.