What is a Property Management Specialist

As a property management specialist, you will have the opportunity to oversee properties - government, commercial, or residential properties. You will also approve and process tenants, transactions like lease agreements and rental payments. You will also need to be on call to make repairs on property or manage a team that repairs property.

To perform your job or duties, you will need to be high on customer service, be proactive with tenants, evaluate potential tenants, and oversee operations. You will need to be aware of what is going on with the property's day-to-day operations. A property management specialist will also need to pay bills, write income reports, and make sure the community runs smoothly. You will need to have good salesmanship, negotiation skills, and employee management.

Being a good organizer is essential for the job. You may only need a high school diploma, but a bachelor's in business management is a great job recommendation. You will need to be certified in property management, experienced in handling problems, and be a jack-of-all-trades. A good property manager can make about $57,000 - $127,000 a year, with beginners earning little more than $28,000.

There is more than meets the eye when it comes to being a Property Management Specialist. For example, did you know that they make an average of $26.9 an hour? That's $55,962 a year!

Between 2018 and 2028, the career is expected to grow 7% and produce 26,500 job opportunities across the U.S.

What Does a Property Management Specialist Do

There are certain skills that many Property Management Specialists 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 Communication skills, Customer-service skills and Interpersonal skills.

Learn more about what a Property Management Specialist does

How To Become a Property Management Specialist

If you're interested in becoming a Property Management Specialist, one of the first things to consider is how much education you need. We've determined that 57.2% of Property Management Specialists have a bachelor's degree. In terms of higher education levels, we found that 6.2% of Property Management Specialists have master's degrees. Even though most Property Management Specialists 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 Property Management Specialist. When we researched the most common majors for a Property Management Specialist, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Property Management Specialist resumes include High School Diploma degrees or Master's Degree degrees.

You may find that experience in other jobs will help you become a Property Management Specialist. In fact, many Property Management Specialist jobs require experience in a role such as Customer Service Representative. Meanwhile, many Property Management Specialists also have previous career experience in roles such as Administrative Assistant or Property Manager.

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Average Salary
$55,962
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
78,453
Job Openings
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Property Management Specialist Career Paths

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Average Salary for a Property Management Specialist

Property Management Specialists in America make an average salary of $55,962 per year or $27 per hour. The top 10 percent makes over $102,000 per year, while the bottom 10 percent under $30,000 per year.
Average Salary
$55,962
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Property Management Specialist Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Property Management Specialist. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Property Management Specialist Resume

At Zippia, we went through countless Property Management Specialist resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Property Management Specialist Resume Examples And Templates

Property Management Specialist Demographics

Property Management Specialist Gender Statistics

female

47.1 %

male

46.6 %

unknown

6.3 %

Property Management Specialist Ethnicity Statistics

White

67.4 %

Hispanic or Latino

16.6 %

Black or African American

8.6 %

Property Management Specialist Foreign Languages Spoken Statistics

Spanish

54.4 %

German

5.9 %

Chinese

4.4 %
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Property Management Specialist Education

Property Management Specialist Majors

37.7 %

Property Management Specialist Degrees

Bachelors

57.2 %

Associate

21.5 %

High School Diploma

9.1 %

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None
High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Property Management Specialists

1. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

5. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

6. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

9. Arizona State University

Tempe, AZ • Private

In-State Tuition
$10,822
Enrollment
42,529

10. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582
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Online Courses For Property Management Specialist That You May Like

Fundamentals of Residential Property Management
udemy
4.6
(347)

Understand the foundation of residential property management as a property manager or landlord...

Property Management 101
udemy
4.6
(402)

Learn the basics of managing rental property and becoming a landlord...

Intro to Analyzing Rental Income Properties
udemy
4.5
(1,508)

Learn the fundamentals of investment analysis specifically for rental income property investments...

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Top Skills For a Property Management Specialist

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.0% of Property Management Specialists listed Procedures on their resume, but soft skills such as Communication skills and Customer-service skills are important as well.

12 Property Management Specialist RESUME EXAMPLES

Best States For a Property Management Specialist

Some places are better than others when it comes to starting a career as a Property Management Specialist. The best states for people in this position are New York, Virginia, Massachusetts, and Maine. Property Management Specialists make the most in New York with an average salary of $80,540. Whereas in Virginia and Massachusetts, they would average $78,899 and $78,851, respectively. While Property Management Specialists would only make an average of $78,846 in Maine, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Virginia

Total Property Management Specialist Jobs:
1,731
Highest 10% Earn:
$150,000
Location Quotient:
1.27
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New York

Total Property Management Specialist Jobs:
2,121
Highest 10% Earn:
$154,000
Location Quotient:
1.14
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Massachusetts

Total Property Management Specialist Jobs:
1,215
Highest 10% Earn:
$150,000
Location Quotient:
0.91
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Property Management Specialists

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Top Property Management Specialist Employers

RankCompanyZippia ScoreAverage Property Management Specialist SalaryAverage Salary
1$87,399
2$86,179
3$86,083
4$77,851
5$77,689
6$75,214