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How long does it take to become a Property Manager?

By Zippia Team - Mar. 2, 2022

It takes 6 years of professional experience to become a property manager. That is the time it takes to learn specific property manager skills, but does not account for time spent in formal education. If you include the normal education requirements to complete a college degree, then it takes 9 to 11 years years to become a property manager.

There are certain skills that you need to obtain in order to become a successful property manager. Some of the most common skills are listed below. Along with each skill, we provide an actual example of how someone included the skill on their resume:

  1. Prospective Residents -- Determined desirability of prospective residents through complete credit check and making sensible decision on approvals and rejections.

  2. Customer Service -- Increased the property residential services through implementation of activities, community outreach, college/ universities outreach, and superior customer service.

  3. Property Management -- Managed apartment house complex or development for owners or property management firm: Showed prospective tenants apartments and explained occupancy terms.

  4. Vacant Units -- Maintained property by investigating and resolving resident complaints, enforcing rules of occupancy, inspecting vacant units, and planning renovations.

  5. Financial Statements -- Prepared annual operating budget, analyzed financial statements, and provided monthly variance reports for all projects within portfolio for investors.

Common Educational Background For A Property Manager

The education needed to be a Property Manager is normally a Bachelor's Degree. Property Managers usually study Business, Accounting or Real Estate. 50.0% of Property Managers hold a Bachelor's Degree and 23.0% hold a Associate Degree. We found these by analyzing 94636 Property Manager resumes to investigate the topic of Property Manager education more precisely.

The most common colleges for students to pursue their goal of becoming a Property Manager are University of Phoenix and Florida State University. We also broke down what colleges provide the best overall education for a Property Manager. Students have a great path to earning their Property Manager qualifications at the following schools:

  1. University of Southern California
  2. University of Pennsylvania
  3. Northwestern University

If you're interested in getting a college degree in an affordable college for Property Managers - Baruch College of the City University of New York is an excellent option for you. If your SAT or ACT score aren't as high as you'd like, you can look at Oklahoma Wesleyan University, as the admission requirements aren't too selective. On the other end of that spectrum are the Northwestern University, University of Pennsylvania and Stanford University.

For those who would rather stay in your pajamas during the day, we prepared some online courses that can help in Property Manager education paths.

Common Certifications For A Property Manager

The Certified Property Manager (CPM) certification is most common among Property Managers. This certification is awarded by the Institute of Real Estate Management. The advanced certification is for more experienced employees as it often requires some work experience to acquire. To become a certified Property Manager with Certified Property Manager (CPM), You need to pass the exam. Lucky you - certification doesn't require more than two years of work experience. Renew certification every year.

How long does it take to become a Property Manager?

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