Real Estate & Property
Property or Real Estate Manager
Property or real estate managers manage residential or commercial properties on behalf of property owners.
What does a Property or Real Estate Manager do?
Property or real estate managers manage residential or commercial properties, and handle the daily business operations of these properties, on behalf of property owners.
As a property or real estate manager, you would:
- analyse market conditions and set rental rates
- make sure properties are occupied
- organise background and reference checks on prospective tenants
- handle leases and other contracts pertaining to the property
- organise regular property maintenance and liaise with contractors
- liaise with tenants and landlords, and address concerns
- carry out property inspections and write reports and letters to landlords and tenants
- update property management databases
- ensuring tenants and landlords comply with statutory and contractual obligations.
Key skills and interests
To become a property or real estate manager, you would need:
- excellent communication skills
- excellent teamwork skills
- the ability to prioritise workloads
- honesty and a respectful attitude towards others
- the ability to meet performance objectives.
Working hours and conditions
Property managers often work irregular hours, including evenings and weekends. Part-time or flexible work arrangements should be possible.
You would usually office-based, and would spend time travelling between properties. You may work for a property management or real estate agency, or could run your own property management business.
How to become an Property or Real Estate Manager?
Entry Level Education
To become a property or real estate manager, you usually have to complete an accredited course in property or real estate services, or a VET qualification in property or real estate services. To get into these courses you usually need to gain your junior secondary school certificate or equivalent.
Depending on the state in which you intend to practise, you may be required to complete an accredited course in order to be registered, or to represented by a licensed real estate agent. A National Police Certificate may also be required.
Employment of property or real estate managers is projected to grow faster than the average for all occupations.
Opportunities are expected to grow in the residential real estate sector along with the strong property market, the growth in apartment living, and as the population continues to increase. There are likely to be more jobs available in larger cities and population areas.
Opportunities in commercial and industrial property management are also expected to be strong, although these jobs may be more susceptible to changes in the economy and the real estate market than roles in residential property management.