The AMO designation is the most widely recognized indication of professionalism in the real estate management industry. It is awarded to only the most experienced and well qualified management companies in the business. Since its establishment in 1933, the Institute of Real Estate Management (IREM®) has only awarded the prestigious designation to firms with a proven track record of performance through years of actively managing real estate. Only 527 firms currently hold this designation in the United States and Canada. Of these firms over 50% have been established for over 25 years and over 80% of those have been established for more than 10 years.
An AMO firm has the demonstrated credentials you can rely upon to manage your assets by the best qualified and most conscientious real estate managers in the world. Since every AMO firm is required to have a Certified Property Manager (CPM®) directing all real estate management activities you can count on proven expertise, financial stability and the highest ethical standards of excellence in the management of all types of property. To achieve the status of CPM, the leader of an AMO firm must have completed a comprehensive education program and fulfilled an extensive experience requirement in both financial and operations management. In addition, each CPM must pledge to abide by the high ethical standards required to maintain the designation. You want to know that the firm you hire to safeguard your assets is committed to protecting your investment and is adhering to a strictly enforced code of ethics.