Property Management Career Information
Desired Skills and Experience for Property Managers
Real estate property management experience will always be beneficial, however prior work experience and skill sets in related areas such as customer service, hospitality, retail and general sales are also advantageous. You will also need outstanding interpersonal, communicational, time management and organisational skills; the ability to negotiate win-win outcomes; passion; resilience; strong personal presentation; to be physically fit and to possess and on-going commitment to self-improvement.
Necessary Qualifications for Property Managers
The required qualification for working in real estate property management is the ‘Agents Representative Certificate’. To qualify for this certificate you must be at least 18 years of age and have a registered address in Victoria. Upon commencing your employment as an agents representative you will need to have a police check within 14 days and you will need an ‘Authority to Act’ signed by the company and sent to the Business Licensing Authority.
Duties and Responsibilities of a Property Manager
Our Property Managers are the first point of contact for Landlords and Tenants, liaising on all matters relating to the investment property. Some duties and responsibilities include maintaining constant knowledge of rental market trends and expectations; proactively applying strategies to lease property which includes the marketing, inspections; rental negotiation, document execution and securing of Tenants in order to minimise vacancy factors for Landlords; maintaining and improving the capital value of investment property through regular inspections and advisement of when maintenance and refurbishments are required; maximising a Landlords return by way of strict monitoring of arrears, payment of rental funds, lease renewal negotiation and execution, rentalreview recommendations; advice and representation of disputes relating to tenancy legislation.
Duties and Responsibilities of a Business Development Manager
Our Business Development Manger is responsible for obtaining new properties for lease. This involves appraising properties, marketing properties, seeking out and introducing tenants to properties, offering advice to clients on current market conditions, arranging and overseeing open for inspections, negotiating and liaising with landlords and prospective tenants.
The required qualification for working in real estate property management is the ‘Agents Representative Certificate’. To qualify for this certificate you must be at least 18 years of age and have a registered address in Victoria. Upon commencing your employment as an agents representative you will need to have a police check and you will need an ‘Authority to Act’ signed by the company and sent to the Business Licensing Authority.
Optional courses in real estate that may help you reach your career goals are: REIV training for Agent’s Representatives, Traineeship in Real Estate and the Estate Agents License (you need an Estate Agents License to be a Branch Manager, Director or owner of a real estate). Some of the favourable University Degrees are Bachelor of Business or Bachelor of Marketing.
Marshall White are pleased to provide our team with access to professional training on a regular basis.