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There are many who nurture a wrong conception about the job profile of property managers and real estate agents. They think these two jobs are the same and constitute similar duties and responsibilities. This is a misconception and this article will tell you about the difference between property managers and real estate agents. Take a look at the following: Real estate agents look after the buying and selling process of the properties while property managers are entrusted with the job of maintaining the properties. In the last few years, there has been a steady growth in the need of the condominium property. This has increased the demand of good and experienced real estate professionals to perform the crucial functions of buying and selling, owning and renting and managing properties on behalf of the clients. So, it can be said that the real estate market is developing fast and this is good news for those interested in shaping a career in this sector. In order to ensure that this industry flourishes without any constraints, both the real estate agents and property managers need to work efficiently. What do real estate agents do? Not all real estate properties are eligible for sale. That is why a real estate firm employs these professionals to list the properties available and appropriate for sale. They look for potential property buyers and sellers and show them the homes, apartments and buildings in the location and within the range of price preferred. Such professionals are also assigned to the work of handling the purchase transaction which includes negotiation and agreement. For this, they need to be adept at the laws and regulations directing real estate property transactions. How to qualify for real estate agent jobs? A high school diploma is the minimum requirement for entering into this profession. Hands-on experience is the most important criterion for advancing in this field and to be eligible for estate agent manager jobs. In order to start working as a real estate agent, earning a license is necessary. You can obtain the license by passing a written examination. Seek information about the requirements for qualification in your state. Stay updated on the job vacancies in the real estate firms and brokerage companies. On every property a real estate agent lists for a client and which is ultimately bought or sold, the professional earns a commission. What do property managers do? After buying or letting a property, an owner wants to be at peace that his property is in good condition. Herein lies the importance of property managers. A property manager works for a property owner. Such professionals make sure their clients need not be concerned about their real estate properties. However, their duties are not limited to cater to the requirements of the property owners. They also ensure that the tenants have no problems living in the home or apartment they have taken on rent. If any repair or renovation is necessary, a tenant can inform the manager about it and the manager will then, convey it to the property owner. So, as a property manager, you also, have the responsibility to establish and maintain an amicable relationship between property owners and tenants. How to qualify for property manager jobs? As in the case of a real estate agent, a property manager also requires a license to start his work. The educational qualifications are also, the same. With a high school diploma, it is possible to venture into this field. Since this is a managerial position, you have to gain considerable years of experience and then only, you can qualify for this role. The pay of a property manager is determined according to the size and value of the property he manages and the monetary amount acquired in rent. About the Author- Lisa Anderson is a recruitment counsellor. She is also a freelance writer who writes on various topics like estate agency jobs, property management jobs and FM recruitment in London, and so on. She takes inspiration from Deverell Smith Recruitment while writing on these topics.
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