Apr/100
A Career That Isn’t Going Away Soon
Property manager jobs are growing at an alarming rate these days. With the economy in shambles, most people cannot get approved for a mortgage loan at the bank and are being denied. These people still need a place to live however, which is making the rental market just boom like crazy. This increase in demand is making supply go crazy!
This year alone the number of new renters is up almost 60% from last year! These numbers are stunning as it means that more and more people are hitting the rental markets and filling up rental properties. With this massive influx of new renters, many property management companies are looking for qualified managers to help them with this massive growth. There are not enough good managers out there to handle the current supply. Because of this well known fact, many property management jobs are now available.
If you have ever been interested in management or want to pursue a career in management, this is the time. Seriously, don't wait too long because right now is the absolute best time to start getting into property management. Did you know that most property managers make up to $50,000 dollars per year starting out? Thats definitely not an entry level job type of pay. Most property management jobs come complete with large benefit packages such as health insurance, dental, vision, and retirement options such as IRA's and 401k plans.
The ultimate pay structure to have when looking for a job in management is the hybrid structure. This structure means that you will get a base salary, but that you will also be paid on commissions as you sign up new renters. This is great because at the end of the year you get a big fat check on top of your big fat salary to make a killing. Many managers in this pay structure get paid between $80-$100k per year. This is extremely high pay in this economy and most property managers are shocked to learn that they indeed can make this much money in the business.
Duties of a property manager vary, but most likely you will be collecting rent, working on maintenance issues, and working on marketing to potential new clients and producing and creating advertisement that can bring in new business. If you are good at working with people you will do very well as a manager as you want to work with people that like you wich will turn out to be better tenants.
We hope that this short article has given you valuable information as far as pursuing a career in property management.
Scott writes articles about property management jobs and about property manager jobs
categories: property,management,rent,mortage,career,salary,commission,jobs,property management