UPDATE
Introducing: Penn Foster’s Property Management Certificate Program
While Ashworth College is no longer accepting enrollments in our Property Management Program, we’re excited to introduce you to our partner school, Penn Foster.
Expand your understanding of property management or take the next step towards your career goals. In this certificate program, you’ll gain a better understanding of the laws, policies, and skills needed to work as a property manager.
LEARN MORETake the Next Steps Towards a Career You Want
Penn Foster’s online Property Management Certificate Program can help you prepare to take the first steps toward the job you want. With flexible, online courses, you can learn skills and knowledge on your schedule, from home.
Why Penn Foster?
Penn Foster has been on a mission to help people like you launch, accelerate, and thrive in their careers for more than 130 years. We provide students with a quality education that fits their busy lifestyle and budget, offering over 100 self-paced, career-relevant programs across our College, Career School, and High School. The program you choose is structured to fit your learning needs so you can achieve your goals, and is designed to work with your schedule, anytime, anywhere you want to study. With a focus on relevant skills and career preparation for the job you’re after, Penn Foster can help you graduate with confidence and help provide a pathway towards your career goals.
Enroll online at any time—with no prerequisites—and earn your diploma in as little as six months††.
ACADEMIC
SUPPORT
Learning online doesn’t mean learning alone. An instructor is just an email away!
Choose a payment plan that works for you.
What You'll Learn in Penn Foster’s Property Management Career Diploma
- How to establish and maintain successful relationships with tenants through communication and understanding of tenant needs.
- How to recognize effective management strategies for commercial, multifamily, and single-family rentals, including how to advertise, evaluate credit reports, and schedule turnovers to minimize downtime between tenants.
- How to determine if a property needs a risk-management audit and how to shift risk liability to a third-party using insurance and other methods.
- How to understand and comply with fair-housing laws and regulations.
Penn Foster’s Online Property Management Curriculum
In your online property management courses, you'll build fundamental knowledge and skills relevant to business and managing property. While the certificate alone doesn't qualify you for a job as a property manager, your classes can help prepare you to strengthen your resume and improve your professional reputation if you work in the field already. Your online property management courses include:
- Managing Building Maintenance and Tenant Relations
- Financial Accounting and Property Valuation
- Real Estate Law
- Risk Management and Fair Housing
Property Management Certificate FAQs
A property manager can work for themselves or contract with a property management company. They are responsible for overseeing the day-to-day management of residential and commercial rental properties for the owner. While they often work in an office setting, property managers will also work onsite or travel from property to property during the work day. Common tasks for property managers include showing properties to prospective renters, understanding and explaining the leasing terms of each property, keeping rental records for the properties they oversee, settling disputes or violations with tenants, and oversee the maintenance of properties.
According to the Bureau of Labor Statistics, property managers can earn an average yearly salary of $62,850 or $30.22 per hour.† However, how much you can make as a property manager can vary based on experience, education, the state you live in, or the company you work for.
To become a property manager, you generally need to first have a degree in a relevant field like real estate or business management. Real estate and business courses, however, don't necessarily cover all the elements that are essential to managing a property so students interested in pursuing this career often supplement their education and experience with a certificate program in property management. Earning a certificate alone doesn't qualify students for property management jobs, so it's important to have a background in real estate or business. Further, most states have regulations regarding who can become property managers and require licensing or certification to work in the field.
A good property manager is detail-oriented and organized, with strong leadership and communication skills. As they are often responsible for managing their own day-to-day tasks, they should have excellent time management skills as well. Property managers should also have an understanding of fair housing laws, property valuation, and real estate law, all of which you can build in our Property Management Certificate Program.
State requirements
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.