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The present-day job market is maybe more unstable than it ever was. Because of this, many people who are fortunate enough to own property have turned to rent as a secure source of income.

Fortunately for you, where there is property, there is the need for property management. While there are many well-established property management companies such as SCK Property management already out there, you might have what it takes to get started in a property management position yourself and build a career out of it.

What is a property manager? 

A property (or real estate) manager is an individual or a company in charge of taking care of some sort of real estate. In return, they receive a percentage of the rent or a fixed sum of money weekly or monthly.

There is more to this job than just collecting the rent and ensuring that the property is not just standing empty. Being a property manager comes with many responsibilities.

These include advertising the property for rent and showing it to potential residents. Also, it involves screening all the possible tenets or residents and doing a throughout background and credit check on them. 

Next, a property manager has to take care of lease renewals and provide tenant retention. TO achieve this, a manager has to tend to the tenants’ needs and help them with urgent repairs and general upkeep and maintenance of the property. 

In some cases, the manager can even act as a salesperson. While this is not the norm, expect to deal with a lot of paperwork as a property manager. In addition, you will be the one to handle contracts and evictions and coordinate maintenance and repairs with different contractors such as plumbers or electricians. 

What are the skills a property manager should have? 

As a potential property manager, you should be able to multitask. After all, your future job will involve dealing with both people and rental spaces.

Therefore a good property manager should have strong communicational skills. You should be able to organize yourself and others as well.

Besides that, a property manager should have at least basic knowledge of marketing. At this position, you will be expected to provide excellent customer support 24/7, so any previous experience in this field of work will be a valuable bonus.

What are the requirements for becoming a property manager? 

The minimal requirements for entering the world of property management are not that scary. All you need is a high school degree. On top of that, depending on where you live, you will need to pass a test of some kind. Some places demand that you just complete the required Real Estate Pre-Licencing coursework in the US, while other sites ask you to take and pass a test once the course is done. Legal requirements vary from place to place.

While you are not legally obliged to be certified as a property manager every bit of education counts and improves your odds of making it in this competitive world. You could go for as many certificates and complete as many training programs as you can.

Do you need a license to work? 

In the world of property management, legal requirements are different from one place to another. In addition, the demands are not consistent throughout the USA - some states demand that you have a license to practice property management while others do not.

However, when you are just entering the lucrative and exciting world of property management, the odds are that you will start your career as an assistant. In practice, this means that you will be working under the supervision of someone who has a real estate broker’s license or a property manager’s license.

Working as an assistant can be very beneficial for you. First, you won’t need a license, and at the same time, you will be able to learn all the finer details and tips and tricks of this craft under supervision.

How do I start? 

To begin your career as a property manager, you will most likely need to apply for an entry-level position with a real estate broker or an existing property managing company.

While high school education is enough to get you started, almost any type of degree will give you a competitive advantage - a business degree or accounting or finance diplomas are nice to have.

Once you finish your apprenticeship, you will have to keep improving your skills and continue learning, but it will all be worth it. And of course, this is when you will have to have licenses and certificates of your own. 

If you are willing to learn and build your career over time, this job has the potential to provide you with a genuinely satisfying and lucrative career that meets all of your professional and personal goals.

Every student knows that sudden feeling of dread that comes after they leave their protective university bubble.  For many graduating students, this is where the real world begins.  One of your first tasks as a recent graduate is to hit the job market with a string of sent resumes, endless phone calls and just a little touch of groveling.  

Eventually, the time will come when an employer will be impressed by your tenacity and will set up an interview.  This is where the real work begins.  To ensure that you are putting your best foot forward, follow these simple tips to help you come one step closer to a career.

Be Prepared

Before you step foot into whatever work environment you are hoping to join, prepare yourself.  While it is a good motivator to always aim high, be realistic about the job you are applying for and make sure it matches your skills.  It is also important that you have some university training in the job you want, this is especially important if you majored in general studies.  For example; if you are looking for a job in the cosmetology field, one great way to prepare yourself is to take a short makeup course or workshop so that your potential employer will note that are willing to further your education, (be aware that some tattoos are not workplace friendly and you might need to cover them up)..

Another great way to be prepared for an upcoming job interview is to do your research.  Study up on the company you are hoping will hire you so that you know what you are in for.  This is also a great way to impress potential employers.  The more knowledgeable you are in an interview will show them that you have great instincts and that you are truly interested in their business.

The Day Before

The day prior to your job interview is the day when you should lay all of your plans out.  It is better to have everything ready to go the day before so you are not rushing before your interview.  This also gives you time to relax and get your head in the game.  Carefully choose and lay out the clothes that you are going to wear.  Always dress better than you think you should, even if you are applying to a more casual work environment.  This will show your interviewer that you are professional and that you are taking the job seriously.  Don’t over dress as this may come off as too eager which is something you should avoid.  Finding the perfect balance between motivated and humble is critical.

Have your resume printed on cardstock or high-quality paper.  Even if you have already sent your resume in prior to the interview, it is a good rule of thumb to bring an extra with you.  You never know if they will ask you for your resume again.  To go the extra mile, you can even have some personal business cards on hand that list your contact information.  These little touches will help to ensure that potential employers will remember you.  The job market is a competitive field, so if there is an opportunity for you to set yourself apart from the pack, seize it. 

Interview Day

Wake up early.  Even if your interview is later in the day, start your day off right.  Mornings are the perfect time to set a precedent for the rest of your day.  It is important to take the time relax so that your head is in the right place.  Interviews are stressful and you will naturally get nervous, so find a way to expel that nervous energy and try to channel it into something positive.  This way you can walk into your interview confident and strong.  When you are confident in what you are saying, your interviewer will get pick up on it and it will set your interview off on the right foot.

Always get to the job interview early.  Try to plan on being there 10-15 minutes earlier than scheduled.  This shows that you are punctual and are taking the interview seriously.  Many times a great interview will be clouded by a tardy appearance.  If you know that your interview is during a time where traffic is high, prepare for this and adjust accordingly.  Try to avoid get there too early.  There is such a thing as being overeager and this can often read as desperate which is never a good look.

Be clear in the things that you say.  To make sure that your point is coming across, truly listen to the questions you are being asked.  Take a mental second to gather your thoughts before speaking.  This will show that you have great communication and listening skills which are two major components to being successful in your overall career.  The best way to show interest through words is to ask questions.  Don’t be afraid to ask your interviewer specific questions about the company as well as the job itself.  This will show them that you have a great interest in the job at hand.  Make eye contact.  Indirect eye contact is one way to show people that you are not confident or do not believe the words you are saying and this is the last thing you would want a potential employee to think of you. 

Don’t be afraid to be yourself.  While humor is often a defense mechanism; it is also a great way to showcase some personality.  Make sure that the humor stays on the appropriate side of the scale; the last thing you would want is for them to think that you will be an HR nightmare.  When leaving your job interview you should have just as strong of an exit as an initiation.  Shake their hand firmly and thank them for their time.  This is their last impression of you, so make it a good one.

Follow Up

Some people are wary about whether or not to follow up after a job interview.  As long as you are not hounding your interviewer, it is perfectly okay to follow up.  The best way to do this is to wait a day or two and send them an email thanking them for their time and stating how you look forward to hearing from them in the future.  Even if you don’t end up getting the job, they will remember you for reaching out politely to them.  This will help to keep you in their good graces in case another job opens up in that company.  The last thing you would want to do is burn any professional bridges before you ever even officially enter the job world.

Don’t Give Up

It isn’t always the case that you will land your first job right out of the gate.  While if it does happen, take the time to celebrate, but you should also never let a rejection slow you down.  Take each job interview as a lesson to be learned and apply that education to the next interview.  Over time you will find that each time you step foot in an interview room you are more confident and prepared than the last time.  As long as you stay motivated and vigilant, the only thing that is stopping you from landing the perfect job is you.  Good luck.