ARM® Requirements & Fees
Applying for the program is the first step in the membership process. Once your application is approved, and you have paid your annual membership fee, you will become a Candidate Member and have access to member benefits.
Education Requirements
The courses you need to successfully complete are:
REIC2600 - Ethics in Business Practice
- Member rate: $650 + tax
- Non-member rate: $850 + tax
and one (1) of the following:
RES201 - Successful Site Management
- Member rate: $970 + tax
- Non-member rate: $1070 + tax
OR
CID201 - Successful Condominium Management
- Member rate: $970 + tax
- Non-member rate: $1070 + tax
The ARM Certification exam is written at the end of RES201 or CID201 in-class sessions.
There is an exam fee of $200 + tax.
Experience & Functions Test
To obtain the ARM designation a minimum of one (1) year of qualifying experience must be met.
The ARM experience criteria are based on the following:
A) The Functions Test
Activities performed by real estate managers are defined according to 29 functions (see Part 2 of Experience Update Form). You must perform 14 of the 29 functions in order to pass the functions test.
B) The Minimum Portfolio Test
To qualify for the experience credit, you must manage a minimum portfolio, which may vary with the number of sites you manage. You can manage any combination of property types listed in the application, as long as your combined portfolio meets the minimum requirement.
Completing the Program
Once you have fulfilled all your experience and education requirements, you will have an interview with an REIC Member from your local Chapter, and then membership will be granted.
In order to earn and maintain the ARM designation, you must pledge to uphold the REIC and IREM Codes of Professional Standards and pay annual membership dues.
Dues Information
To maintain your candidacy and then the fully designated membership, there are ongoing yearly membership dues.
Candidate dues are $685 + tax, on average.
Member dues are $713 + tax on average.
