With the start of the new year, you may be looking for a new career. If you want to get started in property management, here are five questions to ask a member of NPM Staffing.
What attracted you to this career path?
Property managers are attracted to the industry for various reasons. They enjoy taking care of a physical property and the residents who live there, or acting as a liaison between residents and the property owner. Leasing agents enjoy attracting residents to the property. Managers enjoy the fast-paced work, irregular hours and challenges of coordinating schedules. They use their organization and communication skills to proactively make quick decisions and meet the demands of their work. Managers enjoy working with a variety of people on a range of tasks that change daily. They thrive on participating in seminars, conferences, professional associations and other opportunities that help them excel.
How did your previous experiences help in your current role?
Transferrable skills from previous experiences help you transition into property management. Although you may not have to complete property maintenance yourself, you should have hands-on experience with the work that contractors perform to ensure the quality of their work. You should be able to conduct a property inspection and verify maintenance issues are taken care of. You may need to keep track of rent collections, maintain cashflow and work with numbers in other areas. You need excellent customer service skills to interact with others.
What is surprising about your day-to-day tasks?
Each day brings new challenges and opportunities for property managers. Issues such as plumbing leaks, a resident being locked out of their apartment or a security system going down happen at unexpected times. Staff need to be managed, conflicts need to be resolved and financial records need to be created. Engagement is high because there is always something new going on.
What are the best parts of your job?
Property managers enjoy finding the right homes for the right people. Leasing agents like giving tours of the property, pointing out amenities and showing how an apartment fits the needs of each individual. Maintenance professionals enjoy using their skills to keep the property safe. Managers enjoy working nontraditional hours, solving problems as they arise and watching their efforts pay off with happy residents. Many managers can increase their income by earning commissions along with their salary.
What leads to success in this career?
A positive attitude, commitment to the work and keeping residents happy are factors in being successful as a property manager. Vacancies need to be filled, properties need to be maintained and resident needs must be met. Staff and contractors must do their work, bills need to be paid and property owners must make money. Everyone must continue fulfilling their responsibilities to keep the property successful.
Talk with a team member from NPM Staffing
For additional insight into starting a career in property management, talk with a team member from NPM Staffing today!