A Career in

Property

Management

What Is A Property Manager?

• A property manager is someone who

– Maintains and manages property according to the goals of ownership

– Oversees property for an owner or group

– Personally interacts with residents and tenants to ensure satisfaction and renewal

– Prepares financial statements and budgets of property

– Manages employees and contractors

– Ensures property is safe, marketable, and up-to-code

WHAT CAN I LEARN?

• This class will focus on:

• Leasing and Customer Service responsibilities

• Introduction to the apartment industry

• Apartment marketing and leasing

• Fair housing

• Risk management

• Career opportunities in the field of Property Management

A career in Property Management?

Risk Management

Marketing & Advertising

Legal

Legislative

Environmental

Accounting

Technology

Research

Customer Service

HumanResources

Sales/Leasing

Project Management

Negotiations

Mediation

Property Manager

Who Is Property Management for?

• Dynamic individuals

• Calm under pressure

• Strong communication skills

• Ideal for persons with a degree in – Property Management

– Real Estate

– Business

– Finance

– Accounting

– Hospitality

Properties Managed

• Residential Properties

– Apartments

– Student housing

– Public housing

– Condominiums

– Military housing

– Senior housing

Top Employers of Leasing Agents

On Site personnel

• Berkshire

• ECI Management

• CF Lane

• Winthrop

• Gables

• Bell Properties

• Private owners

Property Management Positions

Leasing Agent

Assistant Manager

Property Manager

Regional Manager

Asset Manager

Property Management Compensation

Compensation depends on . . . • Type of property managed

• Size of portfolio and scope of responsibility

• Type of employer

• Length of time in the business

• Geographic market

What IREM Members Earn

Years of

ExperienceSalary

Total

Compensation

1-9 $71,145 $79,429

10-13 $83,853 $93,228

14-20 $99,906 $110,087

21+ $120,781 $142,896

IREM – CPM MEMBERS AVERAGE COMPENSATION BY YEARS OF EXPERIENCE

IREM – ARM MEMBERS AVERAGE COMPENSATION BY YEARS OF EXPERIENCE

Years of

ExperienceSalary

Total

Compensation

1-3 $36,804 $42,693

4-6 $43,513 $49,621

7-10 $50,202 $57,700

11-15 $54,636 $60,287

16-20 $63,325 $69,202

21+ $65,313 $72,374

Want to know more?

Real Estate Property Management Certificate:ccpe.kennesaw.edu/management

470-578-6765

Institute of Real Estate Management (IREM) – Georgiawww.iremga.org