The Glamorous Life of a Property Manager
Contrary to what you may believe, property management is not all glamour, fame, globetrotting, and fine cars. While travel is definitely part of the package, one doesn't normally hop a lear jet to fly to exotic destinations. Dining out is more about catching fast food on the fly than a three-hour gastronomic extravaganza at a five-star restaurant. Instead of having an iPhone filled with celebrity names and numbers, those of repair and maintenance vendors predominate.
We know. You're shocked to learn the truth. You're shocked to learn that property management is not a career that everyone aspires to. Property managers tend to exist under the radar, like most entertainment agents.
Probably no one cliche/catch phrase sums up what property management is really about than "the devil is in the details." This business revolves around details. It absolutely demands strong organizational skills. The ability to problem solve, to think fast on one's feet is called upon daily. Verbal grace, if not an imperative, is certainly a key to ongoing success. Tireless follow through/follow up is the glue that binds it all together.
So why do it? What drives some to pursue a career or business in property management, if it isn't the glitz and high profile thrill of a Hollywood-like lifestyle? Perhaps it's making things happen behind the scene that some relish. Others may enjoy meeting the variety of challenges that can arise. Still others glory in the ability to wrangle seemingly countless details into a cohesive whole. Working daily with numbers and/or people can be a driving force. Winning new business and establishing long term relationships with investors and owners is a very compelling pursuit.
Whatever the reasons or combination thereof that drives property managers to do what they do, the best ones demonstrate a passion for it. They appreciate what it really takes to do it well. They make things happen. A resulting prosperous and growing business with a great reputation makes it all very worthwhile.
We know. You're shocked to learn the truth. You're shocked to learn that property management is not a career that everyone aspires to. Property managers tend to exist under the radar, like most entertainment agents.
Probably no one cliche/catch phrase sums up what property management is really about than "the devil is in the details." This business revolves around details. It absolutely demands strong organizational skills. The ability to problem solve, to think fast on one's feet is called upon daily. Verbal grace, if not an imperative, is certainly a key to ongoing success. Tireless follow through/follow up is the glue that binds it all together.
So why do it? What drives some to pursue a career or business in property management, if it isn't the glitz and high profile thrill of a Hollywood-like lifestyle? Perhaps it's making things happen behind the scene that some relish. Others may enjoy meeting the variety of challenges that can arise. Still others glory in the ability to wrangle seemingly countless details into a cohesive whole. Working daily with numbers and/or people can be a driving force. Winning new business and establishing long term relationships with investors and owners is a very compelling pursuit.
Whatever the reasons or combination thereof that drives property managers to do what they do, the best ones demonstrate a passion for it. They appreciate what it really takes to do it well. They make things happen. A resulting prosperous and growing business with a great reputation makes it all very worthwhile.
Posted by UPM Investor Blog at 5/25/2010 8:10 AM 
Categories: property management, residential property management
Tags: what it takes to be a property manager
Categories: property management, residential property management
Tags: what it takes to be a property manager
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