Real Estate Property Managers
Property Managers • Real Estate Agents
While no specific level of education is required, most property and real estate managers are college graduates with coursework in finance, accounting, business administration, or real estate. In some situations, on-the-job training and experience can take the place of formal education. Many property and real estate managers begin in an assistant role, where they learn under the mentorship of a more experienced manager.
The work environment for property and real estate managers is typically an office setting, combined with a portion of time spent at properties showing them to prospective renters, dealing with issues and problems, and making sure properties are properly maintained by staff. Hours are flexible, and real estate and property managers often find themselves working a combination of hours that comprise the workweek, nights, and weekends.
In addition to having knowledge in practical and legal matters associated with real estate, property and real estate managers should have experience with building maintenance, should have excellent administrative and financial skills, and should be good at working with people. Excellent negotiation skills are also sought after by those hiring real estate and property managers.
Opportunities for real estate and property managers remain plentiful, especially for those with college degrees, applicable coursework, and experience. More than half of all real estate and property managers are self-employed.
For more information about property management careers, visit the Institute of Real Estate Management website. For information about commercial property management jobs, visit the Building Owners and Management Institute site. For information about residential and community association management occupations, visit the Community Associations Institute and Community Association Managers International Certification Board websites.
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Real Estate Property Management Organizations