Property Management Career

Efficiency and profitability are the two most important words in the property manager’s dictionary. A property manager is responsible for ensuring that a property that produces an income reaches its full financial potential. The property management career involves ensuring that the property is run efficiently and in a manner that ensures maximum profit on behalf of the owner. Examples of buildings that require property managers include retail centers, office buildings, community associations and apartment complexes.

How to Become a Property Manager

There is no specific path towards the property management career. If you want a career in property management you can begin by obtaining a degree in business administration, real estate, finance or accounting. Some states require that you obtain a real estate license. You can also operate under the license of a broker so that you can begin receiving any payments related to the property you are managing.

Types, Description, Information

As a property manager you will have the choice of being either an onsite property manager or an offsite manager. You can apply to brokers, real estate companies and property management companies for a job as an assistant. This is the entry level job of a property manager.

Qualifications: Courses, Training, Certification

Obtaining a degree in business administration, finance, accounting or real estate is sufficient for jump starting a property management career. Recruiters will be interested in those applicants who show proficiency in customer service, building and finance maintenance and real estate.

Schools, Colleges, Universities

There are various colleges and universities offering degrees and diplomas that can help you jump start your career in property management. You will be required to have attained good SAT scores so as to be accepted at any of these schools. As you make your applications, ensure that the school you are applying to is accredited. Popular colleges that teach property management include:

Penn Foster Career School –Pennsylvania

Redstone College –Colorado

Ashworth College –Georgia

Westwood College — Colorado

Stratford Career Institute –Vermont

Job opportunities, Salaries and Recruitment

The property manager’s salary can range anywhere between $64, 530 and $92 443. On average the pay is $49,000 per year. There are various real estate companies and property management companies seeking people with the right qualifications in property management. It has been reported however, that the number of self employed property managers is increasing steadily. It has also been reported that employment in the property management sector will experience an increase of about 5% between 2006 and 2016. This means that about 50 000 jobs will open up or be created within this period.