Guide to Online Associate's Degrees in Property Management
If you’d like to get an associate degree that will allow you to work for a number of different industries including banking, real estate, and property investors, then you might want to explore getting a property management associate degree.
What Is Property Management?
Property managers are people that run and take care of real estate holdings owned by other people, who often don’t have the time or inclination to care for their assets. They assist property owners by ensuring that the property stays in good condition, and generates the largest amount of profit over the long term.
Property managers have a wide range of responsibilities, and these responsibilities vary depending on who they’re working for.
For instance, as a property manager for an apartment complex you might be in charge of showing apartments, managing the grounds crew, ensuring that resident work and repair orders are completed on time, and manage the overall upkeep for the entire complex.
If you work for a real estate company, then you might oversee dozens of homes that the agency rents out. You could be in charge of processing rental payments, evicting tenants that are untimely on their rent, showing properties, scheduling contractors for repair and lawn care, and much more.
What You’ll Learn In A Property Management Associate Degree Program
A property management associate degree is going to teach you a wide variety of skills. You’ll probably take courses similar to these:
- Understanding Leases
- Tenant Relations
- Economics of Property Management
- Apartment Management and Operations
- Systems and Reports
- Managing Commercial Property
- Accounting and Booking
Although you don’t have to have a degree in order to become a property manager, you’ll definitely find a job much easier if you do. And, having a degree means you’re more likely to get promoted, or get handed additional responsibilities (which means more money!).
Careers With An Associate Degree in Property Management
It’s easy to see that with a property management associate degree, you’ll be able to find work in a real estate firm, apartment or townhome complex, or with a private owner.
But, stretch your imagination a little. Picture managing a hunting lodge in northern Montana, or a campground in the Blue Ridge Mountains. Imagine working for an apartment complex in Hawaii, or managing condominiums in Puerto Rico.
Property management can take you anywhere you want to go, especially if that place is a resort destination.
Getting a property management associate degree is also a stepping-stone for many graduates, who use the skills they learn here to transition into selling real estate.
The Bureau of Labor Statistics reports that job growth for property managers look excellent. The field is expected to grow by 15% over the next decade, which is good news.
Compensation for property managers is also pretty good. The Bureau of Labor Statistics reports that the average income is around $43,000. But you can earn more than this, depending on who you work for.
For instance, the average income for property managers working for a large subdivision is $78,000. Property managers working for the government earn $55,000, and $37,000 for private owners.
If you decide to start your own business, there’s no telling how much you could earn. Over 50% of property managers are self-employed, so once you’ve gotten your name around and you know what you’re doing, this might be a great step to take in order to increase your income.
Guide to Online Associates Degree Programs
Associate degree holders, in general, have a better job outlook than those with only a high school diploma according to US Census Bureau statistics. An associate degree can be earned in as few as two years, and attending school online can be more convenient than at a traditional campus. Listed below are some great online schools that offer associate degrees in the US.
|Fortis College Online offers associate's degrees in a variety of fields. In particular, their Medical Billing and Coding program will help students become part of the growing healthcare industry.
|Saint Leo University Online is a leading provider of accredited online education to working adults and is a major global provider of education to the military. The online programs are designed to meet the growing needs of adult students and offer the best attributes of traditional classroom education in conjunction with today's most innovative computer technology.
|One of the nation's leading Christian universities, Liberty offers a broad range of accredited associate degrees online. Their incorporation of moral and ethical considerations into study make them a popular choice for students seeking a well-rounded education built on academic integrity. Established in 1985, Liberty University has one of the longest-standing online education programs in the country.
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