1. University of Southern California
Los Angeles, CA • Private
Senior property managers are responsible for overseeing real estate properties and the management of the staff. They provide overall property management leadership and provide direction and leadership to the property management staff. They earn an average salary of $78,000 per annum or $37 per hour.
Senior property managers try to sell properties by showing them to prospective tenants, getting signatures on lease agreements, and invoicing the tenants every month. They oversee the billing process and monitor cash flow to ensure the effective use of cash. Their communication, listening, and interpersonal skills are excellent.
Senior property managers mostly hold a bachelor's degree in business administration or a related discipline. Most employers prefer to hire candidates with proven experience in real estate property management. Strong knowledge of finance and building operations with a real estate license are also preferred. Prospective candidates are strongly advised to learn the ability to manage a team of professionals effectively and possess advanced knowledge of Microsoft Office Suite.
There are certain skills that many senior property managers 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.
If you're interested in becoming a senior property manager, one of the first things to consider is how much education you need. We've determined that 64.0% of senior property managers have a bachelor's degree. In terms of higher education levels, we found that 8.8% of senior property managers have master's degrees. Even though most senior property managers have a college degree, it's possible to become one with only a high school degree or GED.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a senior property manager can determine their career goals through the career progression. For example, they could start out with a role such as vice president, progress to a title such as executive director and then eventually end up with the title regional vice president.
What Am I Worth?
The role of a senior property manager includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general senior property manager responsibilities:
There are several types of senior property manager, including:
So get this - as a property manager, you are, in fact, in charge of maintaining a property. From showing apartments to inspecting the property and even meeting with the property owners, it is your job as manager to make sure the property is up to the task.
Generally, you'll just work in an office setting. But those times when you actually have to inspect the property, you'll have to vacate your desk chair. Most of the time, you'll find you're centrally located in an office where residents can come to you to pay rent or submit a complaint.
Many employers expect you to have a college background of some sort, but some will accept a high school diploma with some experience. All in all, becoming a property manager isn't a bad gig. And finding rental properties for potential tenants is only half the fun.
Public relations, to most, have been thought of as the underrated element in the success of an organization. For those of us who believe in the power of branding and identity, we beg to differ. In 1957, a young public relations Al-Golin gave Ray Kroc a cold call to discuss a potential in marketing for his/her fast-food chain, McDonald's. With a $500 monthly retainer, he/she ran the initiative in encouraging positive newspaper write-ups, contributing to trust banks, and pioneering the hamburger university for employee training. The regal yet humble image McDonald's restaurants carry today is a result of the unwavering vision Al-Golin saw 63 years ago.
The primary role of a communications manager is centered around managing a company's public relations. This involves tasks such as developing marketing materials, executing communications strategies, and producing media reports. Besides that, they oversee publication projects and lead the marketing team.
Employers require a communications manager to have a bachelor's degree that relates to business or communications. At least two years of work experience need to be demonstrated. This role earns, on average, $29 per hour and suits individuals who are passionate about public liaison activities.
A resident manager is a general manager who lives in a rental property or a hotel. Your responsibilities include setting up a community environment and managing all resident files for renewal. Overseeing budgeting, training employees, handling problems on-site, and providing orientation to all new residents are also your responsibilities. You are to supervise all residents and take part in all off-site meetings, ensuring consistency in all processes. Additionally, you will supervise young staff in the day-to-day performance to ensure customer satisfaction, and you must be available to assist residents with their needs. Also, you must be a role model with regards to conduct, policies, acceptance of personal differences, diversity, and academic pursuit.
To be a resident manager, you need a bachelor's degree and about 5 years of experience in a related area. You must be able to deal politely with residents to ensure they are satisfied with the services they receive. You must also have excellent supervisory skills. Your average annual salary will be $40,250.
Mouse over a state to see the number of active senior property manager jobs in each state. The darker areas on the map show where senior property managers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Los Angeles, CA • Private
Philadelphia, PA • Private
Evanston, IL • Private
Villanova, PA • Private
San Diego, CA • Private
Stanford, CA • Private
Waltham, MA • Private
New York, NY • Private
Tempe, AZ • Private
Cambridge, MA • Private
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, 15.6% of senior property managers listed property management on their resume, but soft skills such as communication skills and customer-service skills are important as well.
Zippia allows you to choose from different easy-to-use Senior Property Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Senior Property Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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Some places are better than others when it comes to starting a career as a senior property manager. The best states for people in this position are Washington, Connecticut, California, and Massachusetts. Senior property managers make the most in Washington with an average salary of $89,322. Whereas in Connecticut and California, they would average $88,689 and $87,810, respectively. While senior property managers would only make an average of $86,920 in Massachusetts, 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.
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|3||Pm Realty Group||$76,393||$36.73||7|
|4||First Industrial Realty Trust||$71,220||$34.24||7|
|6||Cushman & Wakefield||$66,231||$31.84||21|
|7||Brixmor Property Group||$65,001||$31.25||8|
|9||PS Business Parks||$61,728||$29.68||8|