RPA Experience Requirments
Before the RPA designation is awarded, a candidate should be able to demonstrate three years of property management experience. This experience must be performed for a portfolio or building 40,000 square feet or larger. Work-related experience must include responsibility in 18 of the following 25 categories:
1. Write bid specifications for building services such as janitorial, engineering, or security, etc.
2. Investigate and respond to inquiries from the public concerning the property and/or prepare reports required for compliance with current or planned laws and public policies.
3. Supervise the control and implementation of a preventive maintenance system, life safety/environmental management system, and energy management program.
4. Perform routine inspections of the property to ensure proper operation of building systems, weather tightness of the building envelope, proper maintenance, and code compliance.
5. Authorize or recommend authorization levels of insurance coverage for properties.
6. Investigate accidents, vandalism, or property damage, recommending action and/or submitting claims for payment to an insurance carrier.
7. Handle or coordinate outside and/or in-house counsel on legal issues.
8. Be responsible for the day-to-day operations of property, including control or supervision of building staff, job assignment, contract administration, and inspection.
9. Administer service contracts for property.
10. Analyze or prepare pro forma operating statements (including financial) and, when appropriate, recommend changes or take action.
11. Prepare and/or analyze and/or approve annual operating budget(s) and/or expense budget(s) including preparation.
12. Perform cash flow analysis or present value analysis on the leases within a property.
13. Prepare and/or implement a risk management program based on property.
14. Prepare capital expense program and complete cycle costing analysis or feasibility studies of these improvements as appropriate.
15. Analyze actual vs. planned expense variances and establish a program to control unfavorable expense variances.
16. Analyze the cost of major equipment against the income statement and recommend possible alternatives to purchase.
17. Develop the property plan that addresses tenant mix, tenant placement in the building, match of floor plate to tenant type, and lease terms and expirations.
18. Develop a tenant relations plan that coordinates who in the property organization contacts tenants about which issues; frequency of contacts; needs and preferences of each tenant; and provisions for tenant retention.
19. Handle or coordinate outside and/or in-house consulting services of architects, engineers, and other professionals on technical issues.
20. Contract and/or manage tenant improvement, moves, and reconfiguration projects.
21. Be responsible for a sales, marketing, promotion, or leasing program for a property, including local market analysis.
22. Prepare and administer an IAQ plan for the property, including delineation of legal responsibilities of tenants and landlord for maintaining good indoor air quality, tips on tenants’ role in maintaining good IAQ, and procedures for handling IAQ complaints.
23. Prepare and administer a hazardous material plan, including delineation of legal responsibilities of tenants and landlord for handling of hazardous materials.
24. Sign and/or negotiate leases for signature within the project.
25. Administer leases within a building portfolio to ensure compliance with all terms and conditions of lease.