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Course

IREM Managing Distressed Properties Skill Badge

Member price:

$99.00

Your price:

$ 129.00

Location details:

Course Description

Managing distressed properties can be among the greatest management challenges that real estate managers will encounter.

Turning around a distressed asset requires a comprehensive understanding of how to evaluate and resolve key issues and challenges unique to each asset. While there is no one-size-fits-all solution, this course will provide solutions and guidance for common situations encountered and best practices to employ when dealing with distressed properties.

After completing this course, participants will be able to:

  • Identify elements of distressed properties, their potential owners, and the manager’s role
  • Analyze distressed properties, prioritize issues, and develop a management plan
  • Implement effective management operations when evaluating and taking over distressed property
  • Determine strategies to reposition distressed properties
  • Describe the receivership and foreclosure process
  • Develop an exit strategy

This self-paced online course is approximately 3-5 hours to complete, followed by a 50-question online exam.

Learn more about this skill badge with our printable info sheet

Review our course policies and procedures page for further information

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