What does a property manager do?
Property managers are accountable for a multitude of leasing and administrative duties. They are responsible for showing prospective tenants through a property and also assessing their suitability to become a tenant on behalf of the owner. When tenants have moved in, the property manager is responsible for collecting rent, carrying out regular inspections to ensure the property is being maintained, and organising any repairs on behalf of the owner.
- Selecting tenants
- Collecting rent
- Marketing properties
- Arranging repairs
- Representing property owners at tribunals
What skills do I need to be a property manager?
Property managers need to have good customer service skills to liaise with property owners and tenants. An understanding of building maintenance and basic repairs is essential, as well as overseeing work carried out by contractors and tradespeople. A grasp of property inspection for damage and safety issues is also indispensible, as well as some experience with finance. An understanding of the relevant legislation is necessary as well as the ability to represent property owners in disputes at tribunals.
- Excellent communication and people skills
- Knowledge of relevant legislation
- Understanding of how economic conditions affect the property market
- Attention to detail
- Highly developed organisational skills
Property managers can specialise in residential or commercial property management, or work on behalf of body corporates to manage their facilities. There is scope to advance in the real estate industry as a specialist in other areas with property management experience under your belt.
Residential property manager
Commercial property manager
Body corporate manager
Study pathways for property managers
In order to become a property manager, you will need to complete a qualification and register in your state.
A self-paced certificate course will get you started in the real estate industry and give you the key skills you need for property administration and marketing.
Advance your career and move into management or specialist roles with a Diploma in Property Services or a Bachelor of Property and Real Estate.
Improve your industry standing and put yourself ahead of the pack with an advanced qualification that demonstrates your commitment to real estate as a career.
To become licenced as a property manager you will need to undertake a certificate of registration or a licensing program, depending on your state.
Getting a job after graduation
Put your training to good use and get the best professional head start in your real estate career. Take a look at our sample resume and cover letter and put your best foot forward when you apply for real estate jobs.
Job Prospects and Salaries
With the property market going well, employment for property managers has risen by 19.5% over the past 5 years, and is expected to grow strongly for the next few years.