If you want to be a doctor, you go to medical school -- if you want to be a lawyer, you go to law school. But what if you want to be a property manager? Do you go to property management school?
Actually, no. Despite the wide range of knowledge, the ability to handle multiple problems simultaneously, and the people skills needed to be an effective managing agent, the state of New York has no licensing requirement for property managers.
"Basically, the only requirement is a real estate sales license,” says David Kuperberg, president of Cooper Square Realty, a Manhattan-based company that has a property-manager training center, as well as other educational and training programs for managers. “So almost anyone can say they’re a property manager -- but that doesn’t really qualify an individual to be a property manager.”
Despite the lack of state requirements, most buildings and management companies want their managers to undergo some training. Bigger buildings and larger management companies may require more training, and if a manager wants to move on to bigger jobs and handle bigger buildings, specific kinds of training become a necessity.
New Training Technology
In any building, regardless of size, maintenance and upkeep of the physical plant is largely under the purview of the superintendent. And while the manager isn’t likely to be grabbing the toolbox to make major repairs, a basic knowledge of the building systems can always benefit managers by preparing them to respond effectively in certain situations, and to be more knowledgeable when talking with repairmen and contractors.