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Transaction Management Professional 201
Rating: 5.0 out of 5(2 ratings)
11 students

Transaction Management Professional 201

PMP Principles for Real Estate Business Operations
Last updated 1/2025
English

What you'll learn

  • Define the Transaction Management Framework with focus on Real estate
  • Define and Manage Scope, Schedule and Cost
  • Identify and Management Risks and Issues
  • Understand stakeholders and manage communications
  • Plan for Procurement needs and Vendor Coordination
  • Manage Resources and Teams
  • Configuration Management

Course content

4 sections12 lectures4h 58m total length
  • Introduction5:54

Requirements

  • Required: Certified Transaction Management Professional 101
  • Required: At least 5 years of experience in managing operations and leading teams
  • Desired: California Real Estate License
  • Desired: Certified Transaction Coordinator

Description

This course provides overview of PMP (project management professional) principles and the application of the framework in managing REBOPS (Real Estate Business Operations).

Participants will be able to understand  how the project management practice is organized into process groups, essential elements, and knowledge areas. They will also be able to draw parallels to the equivalent application areas in real estate transactions. Each knowledge area is explained with practical examples from California Real Estate Industry and the concept of Plan-Do-Check-Act emphasized at each level. The course helps to identify the essential elements of input, process, and output for various real estate activities.

The main purpose of the course is to enable the participants to either self-employ or become up-to-speed with the real estate job that they are getting into. The course is relevant for the real estate agents who prefer to self-manage their operations, senior members in large teams, experienced transaction coordinators, or PMO professionals envisioning to take up roles in real estate industry.

Those aiming to become transaction managers (leading multiple transaction coordinators, and support staff), or operations managers will benefit from this course to be able to manage the operations with enhanced skill set, knowledge, perspective and confidence.


While examples from California real estate industry are quoted in course, the essence and the framework can be applied to real estate business in other states as well.

Who this course is for:

  • Agents who are self-managing their operations
  • Senior members of large real estate teams
  • Experienced transaction coordinators
  • PMO professionals aspiring a career the real estate industry
  • Aspiring transaction managers and operations managers