Property or Community Association Management: Which Career is Best For You?

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Are you considering a career in either property or community association management? Both careers serve as incredibly fulfilling paths. Yet, many people lump them into the same job description.

This is not necessarily true.

So, how do you know which of these jobs is right for you?

Below, we’ll discuss the differences between property and community association management. That way, you can decide which job suits you best.

Property or Community Association Management

Property Management

Do you enjoy helping tenants find their dream homes? Do you dream of assisting residential areas to run their businesses well?

If so, becoming a property manager would be a great career path for you.

Property managers often work directly with those living in the homes in a community. These homes can range from apartments to vacation residences.

Some common responsibilities include collecting rent and making certain repairs get done. Property managers also show units to prospective residents.

Essentially, they are the on-staff go-between for the company and the residences. They ensure the pads get the services they need for excellent housing, and the company also receives payment.

certain qualifications.

So how do you go about becoming a property manager?

First, make sure you research your local legal requirements. In the United States, the necessities vary from state to state, so you must know your state’s demands.

Second, obtain an education. A degree in real estate management or a certification communicates to residential companies that you possess the expertise needed to sell and manage their properties.

Community Association Management

So, what is community association management?

Housing boards hire community association managers (CAMs) and have various responsibilities, unlike property managers.

Sometimes, their responsibilities overlap with those of property managers. For instance, they are expected to be vital components of property upkeep.

Community association managers often work with the board and homeowners to improve the area. They present financial reports to the board, manage the budget, and respond to resident complaints.

These managers do not, however, show prospective residents around units.

Sometimes, the position requires the manager to work in the office, so they might also answer phones or do other office tasks.

how to obtain your CAM license. Regulations differ by state.

In the state of Florida, you must take a CAM course. Then, apply for your license, take your fingerprints, and schedule a final exam. If you pass this, you have earned your support.

Ready to Advance Your Career?

Both property and community association management services as worthwhile careers.

While different, the two pathways provide vital services to residential areas, manage the upkeep of properties, and ensure a satisfactory living environment.

Want more articles on different careers? We specialize in giving you the best information from all fields, from life coach to property management. Read more today!