A director of property management oversees the day-to-day operations and maintenance activities of a portfolio of real estate properties. They lead a team of property managers in the daily performance of their jobs, ensure properties are well-maintained and that their processes meet the relevant local safety codes. They also interview prospective clients, organize property viewings, run background and credit checks on prospective tenants and negotiate contracts. Their ultimate objective is to maximize revenues, minimize operating costs and adhere to the annual budget.
A director of property management can manage residential, commercial, or industrial properties. They can choose to specialize in one area or to handle all types. A successful property management director should have leadership skills, problem-solving skills, people management skills, analytical skills, research skills, and computer skills.
A director of property management has a flexible work schedule. They work 40 hours a week, although they need to be available at all times to solve tenant issues that may arise.
There is more than meets the eye when it comes to being a Director Of Property Management. For example, did you know that they make an average of $34.42 an hour? That's $71,594 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 26,500 job opportunities across the U.S.
There are certain skills that many Directors Of Property Management have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Customer-service skills, Interpersonal skills and Listening skills.
If you're interested in becoming a Director Of Property Management, one of the first things to consider is how much education you need. We've determined that 51.9% of Directors Of Property Management have a bachelor's degree. In terms of higher education levels, we found that 7.4% of Directors Of Property Management have master's degrees. Even though most Directors Of Property Management have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Director Of Property Management. When we researched the most common majors for a Director Of Property Management, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Director Of Property Management resumes include High School Diploma degrees or Master's Degree degrees.
You may find that experience in other jobs will help you become a Director Of Property Management. In fact, many Director Of Property Management jobs require experience in a role such as Property Manager. Meanwhile, many Directors Of Property Management also have previous career experience in roles such as General Manager or Customer Service Representative.