Due to the overwhelming demand right now for jobs in the real estate field, there is a high amount of competition for any position. This means that you can expect to come up against some of the top real estate agents in the field locally, even if they traditionally do not take on real estate property management jobs. Therefore, with this level of competition, take some time to determine if you qualify. Consider what benefits you can offer in this area should you land an interview with the company.
What Is Needed
The first portion of the sample job listing above states that the employer is looking for a real estate management professional. Real estate management potentially includes a long list of different positions. Management may include estate property management, a position in which a property investor requires the professional to manage their properties for them. These investors are often located out of state or may just want a professional to handle the day-to-day needs of tenants and the property itself. Working for several investors like this can be an excellent position to be in, though most professionals work in the real estate industry as management professionals for just one investor.
Management personnel will need to have a variety of skills and certifications including:
- A degree. If possible obtain a degree and definitely obtain a real estate agent licensing if you wish to provide extensive services in representing those who are investing in real estate. Some managers also are agents helping their investors find new properties to buy.
- Professionalism and good communication skills are a must in this field. It is very important to have the skills and resources to meet the needs of the investor, to meet the needs of tenants, and to maintain contractor relations. Good communication skills are necessary. These will be evident to the employer from the first interview.
- Have business management experience. Managing any business can be helpful, though doing so within the real estate industry can be more helpful. Management experience allows the employer to know that you know how to work with other people and direct them to accomplish the tasks at hand. Management personnel in real estate nearly always need to have experience at some level.
If you are applying for a position in which you will be working with a real estate management company, find out what tasks they are looking to have filled. These companies work with those individuals who are investing in real estate. They often manage several properties. Those that work for these companies are handling the day-to-day tasks of maintaining the property, serving tenants, and meeting other goals for the property. Tasks may include:
- Managing, finding, interviewing, writing contracts for, and maintaining tenants
- Handling tenant conflicts
- Managing the property for repairs and maintaining regular upkeep
- Maintaining relations with contracts including regular maintenance and specific needs
Do You Qualify?
To qualify for any of these positions, from management level down, you will need to maintain a professional persona. This often requires a great deal of practice. Show areas where you have lead others to successful completion of projects. With a lack of experience as a real estate agent, you can use other areas where you have worked in the industry to get estate property management positions. Showcase any experience you have in the real estate world for the best possible results. Also, be knowledgeable about the local real estate market. Learn about market trends and pricing, find out about the properties owned by the company, and be sure to know what the company’s needs are.
Presenting yourself professionally at an interview for such positions is essential. While you may not be working directly with those who are investing in real estate, you still must be a fit within their organization. Being professional is an essential part of this. Yet, most of these companies expect individuals to be go-getters and problem solvers. Since most work directly with tenants and other people in the business, they must be able to interact with others and to recognize and solve potential problems ahead of time. If you have these skills, present them effectively. Show that you have what the company is in need of to help them manage their real estate business profitably.