Most real estate agents think that real estate is all about brokering the sale and purchasing property. However, one area of the business—property management— is also worthy of agent’s focus as it is also a cash cow for professionals who wish to make money off properties.
360training.com has listed a few hints on how to ease your way into property management and get the right kind of education and training for the job. While it’s true that getting a degree isn’t really a pre-requisite in the field, it helps in giving you an edge over your peers. Besides, the skills necessary in property management—communication, accounting, writing and IT skills—are mostly taught in college. Most of all, employers are likely to hire diploma holders than non-diploma holders.
You’ll notice that most of the schools you encounter during your search offer two-year (associate) or four-year degrees (bachelor) on property management. Meanwhile, vocational schools and community colleges often offer certification courses or associate degrees. To narrow down your search, filter your searches by state or county or the degree of your choice (if you already have an idea of what to enroll in).
Finding your Major
If you can’t find a major that’s specific to property management, then don’t despair—you can still get your education by enrolling in other related degrees. For example, you can enroll in business courses like Accounting, Finance, or Business Management, or take a Public Administration or Real Estate major (although most schools offer these last two courses for post-graduate studies).
You can also take the following courses:
– Strategic and Financial Real Estate Planning
– Property Administration/Supervision
– Office Management and Human Relations
– A Review of the Tenancy Act
– Communicating with Clients/ Customer Service
As mentioned earlier, obtaining a college degree isn’t necessary in property management. There are other educational options for you to become a property manager such as seminars and online training programs—the curriculum of which are designed and taught by seasoned experts in the field.
What are the Advantages of Getting a Degree?
Real estate practitioners often get hired better because of their degrees and license. Their educational attainment and licensure also give them better negotiating power for a higher starting wage.
We offer prelicense, continuing education and post-license courses for aspiring property managers. 360training.com, also offers comprehensive programs for aspiring real estate office managers, who are more wired to lead a team of professionals and would like to build their career vertically.
Today’s market is very competitive. Get certified and be a step ahead of your peers. Earning a degree or certificate in property management will teach you everything you need to know on managing private and publicly-owned residential and commercial buildings in your jurisdiction.