As the name suggests, property managers manage property. They are usually hired by the property owner, investor, or decision-making body to tend to the day-to-day business of the property. In the residential context, this may involve overseeing the maintenance of a building and its personnel, leasing the property, and resolving tenant or employee concerns. For those interested in real estate but looking for a more stable career than sales or investing, property management might be an ideal fit. Here are three benefits of a property management career.
1. You won’t be bored. Because overseeing property involves a variety of different tasks throughout the day, the property management job is never boring. In a typical day, a career in property management may involve anything from administrative tasks like preparing leases or financial reports to inspecting properties and handling tenant issues. The job is as varied as the issues that may arise.
2. You won’t be stuck at a desk all day. One of the property manager’s primary duties is to make on-site visits to the property. For rental properties, particularly in large complexes, they will likely also have to show the property regularly. Property management may be a good fit for a high-energy person who likes to interact with others.
3. You can advance in your career. As the real estate and rental markets expand, so too does the demand for property managers. The career secure, and it provides opportunities for real on-the-ground training in the needs of the properties managed and the real estate industry in general. A property manager who develops expertise in the field may be able to take on more responsibility in his or her career.
For career opportunities with Emerald Management & Realty Ltd. please visit our website at www.emeraldmanagement.com and check with your local real estate education institute for educational requirement and courses relating to the field of specialty in Alberta, Canada.