REEDC Career Guide Series
: New York Property Management, Property Management Programs

New York Property Management Programs

and find the career of your dreams

TABLE OF CONTENTS

Property Management Certification Programs


A property manager takes care of the maintenance and management of a residential or commercial real estate property. The day-to-day tasks will differ depending on whether it’s residential or commercial property management but overall they are substantially similar.

What Does a Property Manager Do?

Residential Property Managers take care of much of the everyday business regarding tenants. They extend, collect and process applications. They may also set and collect rents for a property.

On the operations side, property managers are responsible for the general maintenance and emergency issues of the property and its grounds. This requires that they manage the operating budget and maintenance schedule of the property. These budgets and schedules often change by the season or year.

Another thing property managers do is find, negotiate with, and manage third party vendors. They oversee maintenance tasks and renovations to the property on a small and large scale.

Because of the level of involvement, residential property managers often have varying schedules and are often on-call much of the time.

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Learn more about the Property Management Program
What Makes a good Property Manager?

Property managers have a basic understanding of construction and floorplans. They also have strong communication skills. Because of these, they are able to effectively work with construction professionals to ensure renovations and repair are done properly. They make long term decisions about the maintenance and care of a property.

Interested in this career path?
The next step is to take a class
Learn more about the Property Management Program
How is Commercial Property Management Different from Residential Property Management ?

Commercial Property Management tends to be characterized by consistency in task and schedule. A large focus of this work is daily preventative maintenance on larger commercial properties. This consists of minor and major renovations and regularly scheduled maintenance.

Commercial renovations are significantly more complex than residential ones due to larger legal and engineering challenges. Commercial Property Managers need to have some level of architectural knowledge to successfully do their jobs. Because of this, Commercial Property Managers are considered more advanced than Residential Property Managers.

Interested in this career path?
The next step is to take a class
Learn more about the Property Management Program

More Property Management Career Links

Property Management Program Info
Property Management Schedules
Property Management Resources
Property Management Packages
Property Management Blog
Property Management FAQ