Residential and Commercial Property Management

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Residential and Commercial Property Management

Bachelor of Applied Science Degree (BAS)

The Residential and Commercial Property Management BAS (RCPM BAS) program prepares students for a career in either residential or commercial property management. It is a multi-disciplinary curriculum, combining business, accounting, and real estate courses. The RCPM BAS is an extension of a business, accounting, or real estate AAS-T degree, with upper division courses in property management. Students from several different business, accounting, and real estate programs will be qualified to enter the RCPM program.

Estimated Length of Completion

Degree Quarters Credits
Bachelor of Applied Science Degree (BAS) Full Time: 6
Part Time: 9
180.0 (excluding specific course prerequisites, including program prerequisites)

Program lengths are estimates, not guarantees. For the most current program information, please check with the program contact.

Program Pathway Map 

Program Pathways are a series of courses and experiences carefully selected to help you earn your credential and prepare for your career or university transfer.  Program Pathway Maps guide you through quarter-by-quarter coursework, indicate when you’ll need to complete important steps, and describe popular careers in this pathway.  Some course sequences or recommended courses can be customized or adjusted by speaking with an advisor.

View Program Maps

BAS (from AAS-T) Full-time Program Map

BAS (from Associate in Business) Full-Time Map

BAS (from Associate Degree) Full-time program map

BAS (from AAS-T) Part-time program map

BAS (from Associate Degree) Part-time program map

 

Associate degree or equivalent, plus the following prerequisite courses:

English 101 fulfills required program general education credits. All other prerequisite courses fulfill required program elective credits.

Course Course ID Credits Availability

Defines basic accounting concepts, principles and procedures for recording business transactions and developing financial accounting reports. Recommended: ACCT 110 or sophomore standing (S).

ACCT& 201 5.0

Examines application of basic accounting concepts, principles and procedures to more complex business situations in a corporate setting. Prereq: ACCT& 201 with a minimum GPA of 2.0 or instructor permission.

ACCT& 202 5.0

Analysis of accounting data as part of the managerial process of planning, decision-making and control. Concentrates on economic decision-making in enterprises. Prereq: ACCT 120, ACCT& 202 or permission (C, N); ACCT 120 or ACCT& 202 or instructor permission (S).

ACCT& 203 5.0

Course Substitute : MATH& 146 - Intro to Statistics

The course focuses on the usefulness and limitations of statistics and their use in managerial decision making. The following techniques are addressed: descriptive statistics, probability theory, sampling, hypothesis testing, simple regression, correlation and forecasting. Emphasis is placed on problem formulation, technique selection, and results interpretation. Prerequisites: Math 098 or Math 116. Transfer Class.

BUS 210 5.0

English 101 is a college-level writing course that emphasizes academic writing and major strategies of reading and writing analytically. Writing assignments focus on engaging with and responding to a variety of texts. Instruction encourages students to develop, through revision and reflection, as readers, writers, and critical thinkers. Prereq: Eligibility for ENGL&101.

ENGL& 101 5.0

Course Substitute : BUS& 201 - Business Law

Review the principles of real estate law, including acquisition, encumbrance, transfer, rights and obligations of parties, and Washington State regulations thereof. (Fulfills 30 DOL continuing education clock hours.) Prerequisites: RES 100 or RES 110 or real estate experience, or instructor permission.

RES 170 3.0
  • Demonstrate understanding and application of the principles and scope of residential and commercial real estate property management.
  • Understand the economic factors that influence property management strategies and real estate ownership.
  • Perform property management activities including the creation and use of budgets, management plans, property analysis and physical maintenance plans for sample properties, and manage information systems and gather and assess information to produce the maximum return over the long run for property owners.
  • Create and assess merchandising strategies and then develop and present recommendations to owners/investors.
  • Use technology, software and computer applications to support real estate property management related research, analysis, reporting, and marketing activities.
  • Apply critical thinking and computer competency in using various software programs and internet resources typically used by property managers.
  • Identify and demonstrate understanding of the legal and insurance issues that can affect managed properties.
  • Hire and manage personnel effectively.
  • Exhibit the knowledge to practice according to the ethical and legal standards of the Real Estate and Real Property Management industries, and apply those standards appropriately.
  • Demonstrate understanding and the proper application of Landlord/Tenant Law, Contract Law, Civil Rights and Fair Housing Federal, State and Local Laws and Regulations.
  • Select and prepare various leases for various residential, office, commercial and industrial spaces.
  • Create and evaluate marketing plans to lease residential and commercial space.
  • Provide examples of sustainable and environmentally sustainable “Green” products, and create strategies for improving and/or maintaining an existing building and increase its value.
  • Display an understanding of accounting procedures used to record and evaluate income and expenses of residential and commercial rental property.
  • Demonstrate effective communication skills required for real estate property managers.
  • Exhibit ability to interact successfully with all stakeholders and the public.
  • Evaluate prospective tenants based on research and collected information from a variety of sources.
  • Assess and analyze determinants of supply and demand and pricing in residential and commercial rental markets.
  • Use quantitative reasoning processes to understand, analyze, interpret, and solve quantitative problems that property managers must complete like computing rent and operating expense per square foot for commercial property.
  • Understand and analyze community associations’ budgets, financial reports and community association's governing documents.
  • Create and implement a plan to develop and nurture a professional property management and real estate network.
  • Demonstrate the ability to develop a plan for ongoing learning and professional development activities that will contribute to personal and professional growth and the improvement of the Real Estate Property Management industry.

Job tests this program will prepare you for:

  • National Apartment Leasing Professional
  • Certified Apartment Manager
  • Certified Property Manager

For current employment and wage estimates, please visit the following online resources and search for the relevant occupational term:

All costs are estimates and are not guarantees. For the most current program information, check with an adviser by calling 206.934.5391. There are additional costs for books and supplies. Each student is responsible for the purchase of certain supplies and required tools before the instruction begins.

Full Time Cost

Quarter Credits Resident BAS Non-Resident BAS International BAS
1 10 $2,401.00 $2,574.40 $6,747.00
2 15 $2,462.65 $2,640.65 $6,813.25

Part Time Cost

Resident Non-Resident International
$43,218.00 $46,339.20 $121,446.00

The following fee is associated with the program:

  • Research and Information Resources Fee ($6.50/upper division course credit)

Equipment Fee associated with this program

The residential and commercial property management courses offered in a hybrid evening format virtually online. Students can typically plan for residential and commercial property management classes to be held typically from 6:00pm – 9:00pm on Tuesday and Thursday evenings for the first year in the program and on Monday and Wednesday evenings in the second year of the program.

Worker Friendly

This program is offered at times and in formats that meet the needs of working adults. This includes:

  • Online: Coursework is generally completed over the internet, within a quarterly timeframe, contact with instructor via email. Some courses may require limited on-campus visits.
  • Evening: Courses with a start time of 4:00 PM or later.

Coursework

To check the program sequences please view pdf.