How To Become A Real Estate Manager: Degree and Education Requirements

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what degree do you need to become a Property, Real Estate and Community Association Manager
majors for Property, Real Estate and Community Association Managers

Property, Real Estate and Community Association Managers

Other names for this job might include Apartment Hotel Manager, Apartment House Manager, Apartment Manager, Assistant Property Manager, Building Custodian, Managing, Supervising, Renting, Building Rental Manager, Building Rental Superintendent, Building Superintendent, Building Superintendent, Managing, Supervising, Renting, Cemetery Manager


  • $68240
    Salary
  • 75%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

A



Be A Real Estate Manager: What You Really Need


In this requirements guide for Property, Real Estate and Community Association Managers, you will find out what do you need to become a Property, Real Estate and Community Association Manager and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be a Property, Real Estate and Community Association Manager.



Degree required

Recommended degree level

Bachelor’s Degree

Bachelors degree
48%

High School Diploma
12%

Some college courses
12%

Associates degree
12%

Certificate
8%

Generally, employers are looking for Real Estate Managers who have a Bachelors degree. They also prefer someone who is good in Speaking and Active Listening.

1 common question that we always get is what major or degree do I need to become A Real Estate Manager or what courses do I need to take.

We did a survey to ask other Real Estate Managers what did they major in college or university and here are the most popular majors that came up.

Real Estate Development
Real Estate

Many employers prefer to hire college graduates for Property, Real Estate, and Community Association Managers positions, particularly for offsite positions dealing with a property’s finances or contract management. Employers also prefer to hire college graduates to manage residential and commercial properties. A bachelor’s or master’s degree in business administration, accounting, finance, real estate, or public administration is preferred for commercial management positions. Managers of commercial properties and those dealing with a property’s finances and contract management increasingly are finding that they need a bachelor’s or master’s degree in business administration, accounting, finance, or real estate management, especially if they do not have much practical experience.



Schools

schools for Real Estate Managers

Interested in becoming A Real Estate Manager? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming a Property, Real Estate and Community Association Manager




How long does it take

Difficulty
Quite Hard

You will need a considerable amount of work-related skill, knowledge or experience to be A Real Estate Manager.

For example: An accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

To become A Real Estate Manager, you will need several years of work-related experience, on-the-job training or vocational training.


How long does it take
2 1/2 to 5 years


Work experience
2 to 4 years

2 to 4 years
38.46%

4 to 6 years
30.77%

1 to 2 years
19.23%

No experience
7.69%

8 to 10 years
3.85%

Job training
6 months to 1 year

6 months to 1 year
23.08%

0 to 1 month
19.23%

1 to 3 months
15.38%

No training
11.54%

3 to 6 months
11.54%

Most Real Estate Managers have 2 to 4 years work experience and 6 months to 1 year job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Requirements vary by state


In a few states, Property, Real Estate, and Community Association Managers must also have a real estate license. Managers of public housing subsidized by the federal government must hold certifications.



Skills required

We asked other Real Estate Managers if they could only have 5 skills, what would they be. Here is what they said.

1. Speaking what does this mean
2.Active Listening what does this mean
3.Coordination what does this mean
4.Reading Comprehension what does this mean
5.Negotiation what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Real Estate Managers have these 5 common characteristics. Most of them had Dependability and Integrity.

1.Dependability
2.Integrity
3.Attention to Detail
4.Self Control
5.Stress Tolerance




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Real Estate Managers you need to acquire knowledge in these 5 key areas.

1. Administration and Management what does this mean
2.Customer and Personal Service what does this mean
3.Economics and Accounting what does this mean
4.English Language what does this mean
5.Clerical what does this mean

As A Real Estate Manager, you may also be required to know how to use certain Data base user interface and query software, Access software and Data base user interface and query software tools.

Advantos Systems DataTrust Enterprise (Data base user interface and query software)
Biometric reader software (Access software)
Bostonpost Technology Property Manager (Data base user interface and query software)
Calendar and scheduling software (Calendar and scheduling software)
Card key management software (Access software)
= Hot in-demand that most employers are looking for




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Career type

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Related to Property, Real Estate and Community Association Managers Requirements

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Additional resources

http://www.bls.gov/OOH/sales/real-estate-brokers-and-sales-agents.htm
http://www.nareb.com/
http://www.realtor.org/

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Property, Real Estate and Community Association Managers
Written by: Stanley Tan
Real Estate Managers plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
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