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Without these degrees, they may enroll in a conversion course with the Institute of Facilities Management or the Royal Institute of Chartered Surveyors. However, it’s good to have a university degree in Real Estate Management or Property Management. Typically, a tertiary education is not required for prospective Property Managers. Property Manager education and training requirements Senior Property Managers deal with the business side of things, including ensuring that the property maximises its profits and maintaining vendor relationships. Property Managers should have experience with property valuation, setting rents and paying all government levies.Ī Property Manager with multiple years experience can become a Senior Property Manager. They need proven experience in dealing with a property’s tenants, handling their inquiries and addressing their complaints. Ability to work with minimal supervisionĪ Property Manager should have one to two years of experience in the field or in a similar capacity.Working knowledge of financial principles.Working knowledge of word-processing tools and other relevant computer software, including Microsoft Office.Bachelor’s Degree in Property Management.Great management and organisational skills.Excellent knowledge of the property and real estate market.Property Manager skills and qualificationsĪ successful Property Manager will have the following prerequisite skills and qualifications: Acquisition Managers deal solely with the sale/purchase of property. Commercial Property Managers for example only manage industrial and office buildings, while Residential Property Managers deal with residential buildings.

Property Managers may also handle undeveloped parcels of land. They take on a variety of tasks from finding new tenants or buyers to holding property inspections to performing administrative tasks. Property Managers may manage a single unit or a group of apartments, houses or buildings in different locations or an estate. A Property Manager oversees the daily operations of a real estate property, ensuring the property is run smoothly and efficiently, and making sure that that the needs of the property owners’ are met.