The Professionals’ Choice for Real Estate Jobs

Property Management

Property Management is like being the mayor of a small city... Property management involves the daily operations at the individual property level and can include marketing and promotion, tenant screening and selection, managing rent, coordination of the maintenance and repair function, optimizing building efficiency and acting as liaison between owners, investors, vendors, and tenants. The duties and expectations of property managers have grown over time especially with the advent of enhanced technology tools and owner expectations. The position increasingly involves a comprehensive understanding of the asset or assets in a real estate portfolio and the responsibility to lease and management to maximize returns and insure the real estate's long-term viability.

Role / Company Location Posted
Senior Property ManagerConfidential Memphis, TN Mar 5, 2021
Property Manager - Condo Association (Relocation Assistance Available)The Domain Companies New Orleans, LA Mar 2, 2021
Director of Leasing, SLATE PROPERTY GROUPSlate Property Group New York, NY Mar 2, 2021
Commercial Property ManagerGrubb Properties Alexandria, VA Feb 26, 2021
Senior Manager, Property ManagementMacerich Management Company Thousand Oaks, CA Feb 23, 2021
Manager or Sr. Manager, Prop. ManagementMacerich Management Company Cerritos, CA Feb 23, 2021
General Manager, Residential MultifamilyC+C Apartment Management newark, NJ Feb 23, 2021
Property Manager- Leased RetailRealty Income Corporation San Diego, CA Feb 23, 2021
Property ManagerConfidential NY Feb 22, 2021
Vice President of OperationsThe Robinson Group Scottsdale, AZ Feb 18, 2021

Looking to the future

Property managers will always have a place in real estate and the role will continue to evolve. Every asset needs someone to manage expenses, collect rent, and provide customer service. The ever-evolving increased focus on optimizing operating efficiency will require future property managers to provide an even higher level of service to owners. Wall Street has become a major player in the real estate industry and its ownership has increased the level of scrutiny and sophistication required at the property management level. Based on experience, property managers can assist in development by suggesting layouts and plans that maximize efficiency and lower replacement costs. They can provide detailed financial analysis of the property and forecast trends in the market as well. As property management becomes more sophisticated, barriers to entry will increase but it will always serve as an appealing entry point to the real estate industry.

Property Management

Skills Required

  • Effective Oral and Written Communication
  • Customer Service
  • Financial Skills and Budgeting
  • Leadership and Management of Property Staff
  • Negotiations

Professional Reading and Resources

  • "Journal of Property Management" by IREM
  • "Practical Apartment Management" by Edward N. Kelley
  • "Opportunities in Property Management Careers" by Mariwyn Evans
  • "Shopping Center Management and Leasing" by Richard F. Muhlebach and Alan A. Alexander
  • "Managing and Leasing Commercial Properties Volumes 1 & 2" by Alan A. Alexander and Richard F. Muhlebach

Industry Qualifications

  • Licensed Real Estate Agent or Broker
  • CPM: Certified Property Manager designation from IREM (Institute of Real Estate Management)
  • CMCA: Certified Manager of Community Associations from NBC-CAM (National Board of Certification for Community Association Managers)
  • ACoM: Accredited Commercial Manager from IREM (Institute of Real Estate Management)
  • CAM: Certified Apartment Manager from NAA (National Apartment Association)

Top Companies

  • Equity Residential
  • Colliers
  • Pinnacle (American Management Services)
  • ProLogis