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Starting A New Career In Commercial Property Manager

Written by Cody Scholberg on Nov 19th, 2009 | Filed under: Leadership

It is not uncommon to seek out a career change. Commercial property management is responsible for all of the details concerning renters and a commercial space. They must understand how to sell space to tenants, fix problems with property structure, and do the day-to-day maintenance required. It is important that a commercial property manager understands how to multitask. Jobs that give a commercial property manager in a good background are:

Building maintenance Janitorial work Landscaping Plumbing and repairs Sales and marketing Management and business school Realty

Business Degrees And Commercial Property Manager

Someone who is in the maintenance department will typically work their way up to become a property manager. It is not uncommon for a large business to hire from within. Besides being able to be trusted, the main strength that they will bring is that they understand how the maintenance works in that company. They will know not to overcharge for services and they will also understand if the job was done poorly or not. This goes a long way to protecting the profit margin of the business. Of course, any employee will have an edge if they take the time to invest in business management and marketing classes through their local university.

Detailed Job Description

Organizing jobs that vary significantly can be especially difficult for someone who is not good at multi-tasking. A commercial property managers job includes comparison of building costs, keeping company records, negotiating contracts, and making reports. They also need to have a critical view of all situations where they do not take anything personally. Long-term goals must be held in a proper perspective. This applies to staff and contract employees as well. Difficult decisions must be made on a regular basis but they must help goals go from ideas to reality.

On The Job Experience Versus University Level Management

Most commercial property managers have a university education. They may also have a master’s degree. However, this does not mean that they’re qualified for the job. Hiring from within the company is common. Part of the reasons that this is the case is due to the large sums of money that are handled by commercial property manager. Someone who is not trusted will have a hard time getting the job. This means having positive referrals from past jobs are key. Many property owners rationalize that they will be able to train under qualified commercial property managers after they are hired.

More on commercial property management and a commercial property management checklist.

categories: commercial property management,property management,landlording,real estate,business,finance,money,leadership

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