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Property Manager

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AVG. SALARY

$67,960

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EDUCATION

High school (GED) +

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JOB OUTLOOK

Stable

What To Learn

High School

What high school courses should you take if you're interested in this career? Get your answers from the Marketing cluster Marketing Management pathway.

Beyond High School

Here's a list of programs that you should consider if you're interested in this career:

Education Level

Education training and experience are required at different levels for success in different occupations.

High school (GED), plus work experience

Although many employers prefer to hire college graduates, a high school diploma combined with several years of related work experience is typically required for entry-level positions. Some managers also must have a real estate license.

Insider Info

Additional Information

A high school diploma is necessary to land a job in property management, even at the entry level.

Kristy Ludwar is an on-site property administrator at a large office building. She says a course in administration is a good idea for aspiring project managers.

Much of the training comes on the job. Workers can come into this job at an entry level and move their way up.

"Since the job varies so much, you can pull out a lot of different skills from your toolkit," says Ludwar, noting administration, construction and technology.

The U.S. Bureau of Labor Statistics says candidates with college degrees in business administration, real estate or related fields are likely to find the best jobs.

Joshua R. Thosath says business courses and a real estate license are helpful in this career. He's a senior property manager in Spokane, Washington. He entered the field with a high school diploma and limited college coursework. Depending on the role, accounting, marketing or maintenance technology could come in handy, he says.

Some property managers get a real estate broker's license. The license enables them to assist owners in marketing and selling properties.

Extra Requirements

Property managers are required to obtain professional credentials or licensure in some states. Requirements vary by state, but many managers working in states without requirements still obtain designations to show competence and professionalism. BOMI International, the Community Associations Institute, the Institute of Real Estate Management, the National Association of Residential Property Managers, and the Community Association Managers International Certification Board all offer various designations, certifications, and professional development courses. Most states require recertification every 2 years.

For additional information, visit these websites:

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.