Property Management Jobs

Property Management Professional Reading and Resources

• "Office Building Management" by David G. Domres et al.
• "Practical Apartment Management" by Edward N. Kelley
• "Opportunities in Property Management Careers" by Mariwyn Evans
• "Shopping Center Management and Leasing" by Richard F. Muhlebach and Alan A. Alexander
• "Managing and Leasing Commercial Properties Volumes 1 & 2" by Alan A. Alexander and Richard F. Muhlebach

Industry Segments

• High-School or Equivalent (Minimum)
• College Degree in Business, Finance, Management, or Marketing
• Licensed Real Estate Agent or Broker
• ARM: Accredited Residential Manager from IREM
• CPM: Certified Property Manager designation from IREM
• CMCA: Certified Manager of Community Associations from NBC-CAM, the National Board of Certification for Community Association Managers
• RMP: Residential Management Professional from NARPM
• MPM: Master Property Manager from NARPM

Looking to the Future

Property managers will always have a place in real estate and the role will continue to evolve. Every asset needs someone to manage expenses, collect rent, and provides customer service and the downturn in the economy has put an increased focus on optimizing operating efficiency. With that said, future property managers may be asked to provide higher level services to owners. Wall Street has become a major player in the real estate industry and its ownership has increased the level of scrutiny and sophistication required at the property management level. Based on experience, property managers can assist in development by suggesting layouts and plans that maximize efficiency and lower replacement costs. They can provide detailed financial analysis of the property and forecast trends in the market as well. As property management becomes more sophisticated, barriers to entry will increase, but it will always be a profession that provides opportunity at the entry level position.