There's been a lack of posts over the last few weeks mainly because I've been spending my spare time studying for the community association managers (CAM) license exam. I took the test last weekend in Tallahassee and Spoiler Alert...i passed the test ( first try :) ). I wanted explain why I got my CAM license, provide some suggestions for others interesting in getting their license, and finally share my thoughts on the exam itself.
As stated on the top of this blog, the purpose of the blog is to help educate, inform, and create a community of discussion regarding community associations...enhance association living. For the right people communal living is a wonderful way of life and fundamentally it's a great concept. Yet there are misconceptions about the responsibilities of the various parties involved with the association, how finances and meeting should be handled, etc. Let's say I'm not running short on topics to discuss on this blog.
If the goal is to help communities thrive then I need to understand more than the high level legal analysis of conflicting covenants or drafting the perfect declaration of condominium. In 9 out of every 10 issues I deal with the answers are not in the textbook and the practical considerations of money, time, and politics play a real impact on the decision of the association. How can I advise an association on special assessments when I don't know the about reserve requirements, adopting a proper budget, what to do with surplus proceeds, and the like? I know I've said this before but keep in mind that community associations are CORPORATIONS! They are organized under Chapter 607, Florida Statutes, like thousands of other corporations in the state. They have balance sheets, income statements, revenue, expenses, liabilities, equity, shareholders/members, manage real property, employees, and on and on. To provide comprehensive legal advice I cannot simply look at the legal issue in a vacuum. As with any good corporate counsel, the adviser MUST understand the business itself in to provide the best advice. By studying for and getting my CAM license at least DBPR feels that I've achieved a minimum level of competency regarding the day to day operations of an association. So I've got that going for me.
For others interesting in getting there license here are my thoughts. First, it is a legit license. Here's a link to the requirements to get the license. My initial feeling was that if you took the class and semi-paid attention you could walk out and pass the exam. I was wrong. My class was A+ and provided great material (w/ hundreds of practice questions), taught by a local PCAM (highest designation for a CAM), with assistance with another local PCAM. To pass the exam though it takes significant study time and review. I studied for the exam a solid 12-15 hours (1-2 hours/day for the two weeks leading up to the exam) and I had to fall back on my legal knowledge for some of the questions. Meaning, the test requires understanding of the concepts and the the ability to use critical thinking to figure out the answer. While deadlines and definitions are important, I don't feel that brute memorization of these will pass the test.
My suggestions for the exam is to not just force memorize the Florida Statute numbers or deadlines for everything (although there are a lot of deadline questions) but think about why something requires 14 as opposed to 30 days notice; why would another issues require a response in writing withing 5 days; and, what rule does each governing document have in the overall scheme of things.
The exam is 100 questions and you need 75 correct to pass. You have 3 hours to take the test which is MORE than enough time. Read the question carefully and don't get tripped up not reading all the available answers...there were situations where one answer was right, but another answer was MORE right. Make sure to eliminate as many wrong answer choices as possible (if you know 50 for sure and can get the other 50 down to 2 choices, statistically you'll pass). and finally, as my class instructor said....if in doubt go with the longest answer.
Last suggestion.....get the Peter Dunbar books The Condominium Concept and Law of Florida Homeowners Association.
As always, if you have specific questions or would like further guidance please feel free to leave a comment below or reach out to me in the contact box on the side of this blog. Good Luck!
Hi, Thanks for this post. I am taking my CAM class June 21, 2014. I work for First Service Residential.
ReplyDeleteI want to start studying now as I am new to the industry. I just started working as am Area Specialist covering the front desk of all condos in palm beach county. I have 28 properties. I want a CAM for promotion and I want to learn now slowly as to not overwhelm myself. Any feedback further would be helpful. Thanks.
Falon.Taylor@fsresidential.com
How I can get a copy of an old exam,so I know what kind of questions;should I expect.
ReplyDeletethank you for information. I'm living in Dade-County. Very helpful
ReplyDeleteGlad you found it helpful!!!!!
ReplyDeleteI work for FirstService as well. I am maintenabce superintendent currently. I took the 18 hr pre licencing course. Do you have any suggestion on how to study? I am feeling over whelmed. I started making flash cards. Any other suggestions?
DeleteGreat article! Very motivational! I am a Real Estate Sales Associate and I am aiming for my CAM license now. Just finished the 18-hour course at Gold Coast Schools and I am going to start studying for the State exam now! I believe every REALTOR should know about CAM, at least in Miami, where the majority of our residential opportunities have turned into Condo's.
ReplyDeleteIf haven't got your license yet send me a comment and i'll send you some study materials. :)
DeleteHi Brandon. I will be taking the 18-hour CAM Course in May. Looking for some study material in the meantime.
DeleteI am studying for my CAM license as well and would appreciate study material. smason@epmfl.net
DeleteDitto, moving to FL soon and thanks in advance.
DeleteI am studying for my CAM license and would appreciate any study materials.
DeleteSandra@mycoastalrealestate.com
Thank you
DeleteI am studying for my CAM license and would appreciate any study material.
Sandra@mycoastalrealestate.com
This article was GREAT!! Thank you so much. I am taking the 18-hour course at Gold Coast as well, this weekend actually, I am very excited about it.
ReplyDeleteHi Brandon,
ReplyDeleteI took the CAM exam and I did not pass. Could you share some of your study materials please.
Thank you
Gaby
Hello
ReplyDeleteMy name is will. I am currently a maintenance superintendent. I work for FirstService. I have begun the steps to get my cam license. I am looking fir some material to study and get more familiar with all things cam. Thanks for the blog. I found it helpful.
Regards :will
Hi Brandon,
ReplyDeleteThank you for this post. Just wanted to ask if you had any study material available? I am currently signed up for a pre license class on 7/8 and 7/9 with the hopes of taking the exam soon after that.
Look forward to hearing from you!
Kind regards,
Becky Barrios
Hi Becky, did you pass the exam? I'm taking the Gold Coast course next weekend and then I'll schedule the test. I welcome any comments you might have.
DeleteHello my Name is Stacey. I have recently passed my exam and received my license however everywhere I look requires 3 or more years exp. How can I get started as an entry level so I can gain some experience and get this train rollin?
ReplyDeleteHi Brandon!
ReplyDeleteDo you still have study material that you can share with me? It would be greatly appreciated!
Kind regards,
Elizabeth
Hi, does anyone have any study material to help with the exam? Would be greatly appreciated please email to m.thomas@tampabay.rr.com... Thanks in advance Michelle :)
ReplyDeleteHi, I did the 18-hour course at Goldcoast. A lot of the people in the class were administrative assistants, realtors, insurance salesmen, etc. I was the only copywriter. Can this license help me transition? Almost all the jobs I see for Assistant CAM require 2-4 years of experience.
ReplyDeleteHi,
ReplyDeleteI took the exam and failed. I honestly found it so hard. I hope the second attempt maybe a little bit easier. Please help me get some study material.
It's a very hard exam and you're supposed to score 75%. At Goldcoast they warned me to do the 18-hour course again, next weekend, before taking the exam. There's a lot of stuff to remember. I didn't pay attention to that, I took the exam and failed. Then I decided being a CAM isn't really for me.
DeleteHi Gregory, I'm taking the course next weekend and then I'll schedule my test. Do you have any suggestions of how much to study? Any study material you can share?
DeleteThanks for sharing the post on Florida Community association laws. The amendment to declaration of condominium florida will guide you to go through the rules and regulations of home.
ReplyDelete