Property Management Careers Are A Growing Source of Income
Property management careers are opening doors for success in every region of the U.S. When owners of homes, apartments, office buildings or retail or industrial properties lack the time or expertise needed for the day-to-day management of their properties, they often hire a property or real estate manager or a community association manager. When you become a property manager, your ultimate objective is to make owners' investments profitable.
As you gain experience as a property manager, you may have the opportunity to oversee the management of multiple properties. Advancement has its rewards. The U.S. Department of Labor reports that the median starting salary for property, real estate, and community association managers is $55,380 and predicts an 8% growth rate in employment through 2024.
- $55,380MEDIAN PAY
- Property, real estate, and community association managers earn a median annual salary of $55,380, reports the U.S. Department of Labor.
A career in this field may require you to meet certain licensing, training, and other requirements that can vary by vocation and state. You should check with your state, local government and/or licensing board to find out which requirements may be applicable in your state. Click here for contact information on state licensing/regulatory boards and certain professional licensing information.
Property management careers are growing in popularity. Start your training today. Call 1-800-957-5412 or enroll online today.
SOURCE: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Property, Real Estate, and Community Association Managers (May 6, 2016).