Becoming a property manager in a challenging market

Becoming a property manager in a challenging market

With coverage of falling house prices hitting the headlines most days, its no surprise that many job seekers are anxious about pursuing a career in the property industry. Nevertheless, as with every post-recession business sector, there are some lucrative opportunities to be had, none more so than in the world of lettings.

With the average buyer needing a deposit of at least 10 per cent of a property's value, the rentals market has never looked so buoyant. Rather than scraping together and borrowing many people are opting to rent, allowing them to live in a larger property than they could afford to buy. With demand outstripping supply, landlords and letting agents are reaping rewards.

Property jobs in the lettings sector are varied, from negotiators to branch managers. One of the most diverse roles however, is that of a property manager whose job it is to liaise with a wide range of stakeholders. Dealing with repairs, home improvements and cleaning matters, property managers work alongside traders, landlords and tenants, ensuring that the rental process goes as smoothly as possible. A key role in being a property manager is making sure that the landlord is well informed and satisfied with the lettings company - ensuring that they are likely to award their entire portfolio to the agency, as well as recommending to other contacts.

Reporting to the branch manager or franchisee, property managers have to be professional at all times. With senior property manager jobs at many lettings companies, there is certainly something to work for, with the fast-paced environment offering little time to stagnate.

The average salary for a property manager is 30,000 with a quarter of jobs offering in excess of this figure - with an attractive package and a career in one of the most publicised sectors, property manager positions are an ideal choice for graduates and experienced professionals alike.

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