The Ins & Outs of Property Management

Hi friends, 

Looking for a career that has variety and job security?  Being a condominium or HOA (Homeowners Association) manager can be a rewarding career for many reasons. Here are some of the advantages and benefits that make it an attractive career choice:

Problem Solving

A good property manager is skilled at resolving conflicts and addressing complex issues within the community. Problem solving skills are essential, and successfully navigating challenges can be personally gratifying.

Job Stability

Condominium and HOA management is generally a very stable field. Communities will always need competent managers to oversee their operations, making it a reliable career choice.

Diverse Responsibilities

As a condominium or HOA manager, you'll handle a wide range of tasks, including financial management, property maintenance, dealing with residents' concerns, enforcing rules and regulations, and coordinating with vendors and contractors. This diversity keeps the job interesting and offers new challenges every day.

Professional Growth

As a manager, you have opportunities for professional growth and advancement. You can pursue certifications, attend conferences, and join the Community Association Institute to expand your knowledge and network.

Varied Work Environment

Managers often split their time between office work and on-site visits, providing a diverse work environment. This can be appealing for those who prefer a mix of desk-based tasks and outdoor activities.

Competitive Compensation

Depending on the size and complexity of the community or communities managed, the compensation for condominium and HOA managers can be competitive, providing a stable income.

Interpersonal Interaction

Working with residents, board members, and vendors provides ample opportunities for interpersonal interaction. Building and maintaining positive relationships with the community can be fulfilling and socially engaging.

Learning Opportunities

Managing a community involves dealing with legal, financial, and logistical aspects. This provides valuable learning experiences that can be beneficial in various aspects of life. 

Making a Difference

Effective condominium or HOA management contributes significantly to the well-being and harmony of the community. Knowing that you have a positive impact on residents' lives can be deeply rewarding.

Of course, like any career, there are also challenges and potential drawbacks to consider, such as dealing with difficult residents, handling unexpected emergencies, attending and running meetings in the evenings and managing competing priorities. However, for individuals who enjoy working with people, problem solving, and contributing to the development of vibrant communities, being a condominium or HOA manager can be an excellent and fulfilling career choice.

Until next time, 
The BRIGS Team