THE BAHAMAS INSTITUTEOF FINANCIAL SERVICES

The BIFS Certified Property Manager (BCPM) is an online delivered program designed to guide students through the relevant knowledge and tools for successfully completing the requirements and exam for attaining the BCPM and operating in the property management industry. 

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1. What property management is and what it is not; the differences/similarities/linkages between property management and fields such as real estate, project management, wealth management, and facilities management. History, progress, and future of the property management industry. Property management regionally and internationally. 

2.  Personal and professional characteristics and competencies of successful property managers; the role, scope, and authority of property managers; possible service offerings of property managers and revenue streams for property managers; professional ethics, code of conduct, and standards.

3. Property manager’s relationships: property owner and property manager, property manager and property users, property manager and property staff/services, industry colleagues and associates, etc.. 

4. Establishing a property management business. Retaining and administering personnel, tradespeople, contractors, etc; marketing/promotions and relationship management in property management; operational and financial records and reports and analysis. 

5. Information technology and communications systems; risk management, governance, insurances, and legislative issues and know-how in property management.

6. Strategies and tools for effective property management including comparative market analysis, competitive analysis, SWOT analysis, SMART analysis, international property management organizations, etc. Designing and using effective property management business plans, unique value propositions, and property management agreements.

7. Investor and investment relations and management: foreign direct investments, the pivotal role of investment returns, understanding the roles company types for the property manager, the use of trust entities, and other institutional arrangements in property management.

8. Client relations: including screening, retention, renting, occupancy rules enforcement, terminations, and evictions. Managing maintenance, repair, and construction

9. And much more…