Successful managers who have built up knowledge and experience through managing various properties often branch out and become property/community developers or open their own management companies. Most condo property managers begin their careers in either an administrative position within the main office of a property management company or as a leasing agent working for a property management company on site at one of its contractual communities. Traditional college programs average four years of classroom education while accelerated online programs allow graduation within three years. Some accredited schools offer online degree programs as well. Property management programs are available through universities, community colleges and specialized trade schools. Solid work experience in real estate management is a benefit. Most property management companies prefer managers to have a college education in business management, real estate management or a finance field. Condo property managers ultimately represent the condominium owners and must be flexible when dealing with community emergencies. Managers need to be extremely competent communicators and disciplined record keepers. They also serve as supervisors for outsourced contract employees, such as construction crews, landscapers or fitness program consultants. Skills/QualificationsĬondo property managers need excellent management skills as they oversee all community employees from leasing agents to maintenance workers. The manager also assists new owners with questions and move-in processes and is the first-level mediator between individual owners who might have a property dispute.
The condo property manager ensures that association rules and regulations are functional and honored within the community and on its common properties. The company then appoints a property manager to the community. Developers of large planned communities often contract management and operational duties through a property management company.
Condominium communities require on-site management personnel to oversee the needs of condominium owners.
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