How to Become a Columbus Property Manager… and Earn $103,256! [2022]

Columbus Property ManagerHere in Ohio, the number of certified property management professionals is increasing – and with good reason. The median annual salary for a Columbus property manager, for instance, is $103,256, according to Salary.com as of March 29, 2022. And that amount is not even including bonuses, commission, and benefits, as well as other factors that impact base pay. Now, also factor in great market access, the standard of living, and valuable tax climate; you can easily see why individuals seek out Columbus, Ohio as a place to start their property management career. Below is an overview of the full salary ranges as well as licensing and certification options to become a professional property manager. We hope this information can help you decide the path you want to take today!

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How Much Does a Property Manager Make in Columbus, OH?

As mentioned above, certified property managers in Columbus, OH have a median annual salary of $103,256 as of March 2022. However, the salary typically ranges between $77,243 and $132,928. These figures depend on many important factors, such as education, certifications, additional skillsets, and the amount of experience in your profession.

 

Recommendations for a Columbus Property Manager Starting Out

Are you looking to begin a career as a Columbus, Ohio property manager? Consider this your guide to standing out from the crowd. An Ohio real estate license is required to work in many areas of real estate, including commercial property management services. However, property managers can continue their education and receive additional certifications and designations. There are many benefits to continuing education; in addition to receiving a certificate, adding a designation to your name, expanding your knowledge, advancing your career, and earning more salary, property managers with advanced training stand out from those who have only completed the minimum requirements. Below are our recommendations for the top certifications, licenses, and schools to become certified property managers in Columbus, Ohio (as well as throughout the state of Ohio).

1.) Government Issued Real Estate License & REALTOR® License:

Many states, including Ohio, require that professional property managers have a real estate broker’s license, as well; the only exception to this law is a property owner. Key duties of licensed property managers are typically leasing, renting, negotiating, and managing property listings — or assisting in these duties; these are all considered real estate activities under existing Ohio real estate licensing laws. Besides, as a Columbus property manager, the more you can do, the more you will succeed. Why depend on a real estate broker when you can handle that job, too?

Ohio REALTORS partnered with Ohio Association of Community Colleges (OACC) to provide an affordable and accessible way to take pre-licensing courses, both on-site and online. Visit ohiorealtors.org or ohiocommunitycolleges.org to inquire.

2.) Residential Management Professional (RMP®):

This NARPM® certification is highly recognized among Columbus property managers. In order to achieve this certification, you must meet certain requirements, including:

  • Real estate license
  • Two years (minimum) of experience
  • Experience managing at least 25 rental units

3.) Certified Property Manager (CPM):

This designation is awarded by the Institute of Real Estate Management (IREM) and recognized by the National Association of Realtors (NAR). To achieve a Certified Property Manager designation, you will be required to take seven different courses (although, there are a few fast track options). The general subject matter of these seven courses is as follows:

  • Budgeting, cash flow, and reporting for investment real estate
  • Marketing and leasing strategies (either for retail properties, multifamily properties, or office buildings)
  • Leading a property management team
  • Managing maintenance operations
  • Financing and loan analysis for investment real estate
  • Performance and valuation of investment real estate
  • Asset analysis of investment real estate

You will also be required to create a sample property management plan and have a number of years of experience before becoming a Certified Property Manager. However, this designation will, without doubt, set you apart from your peers.

4.) Certified Professional Property Specialist (CPPS):

This certification is ideal for those who are new to the property management industry and are seeking entry as a Columbus property manager. However, this type of designation is a bit different from the other property manager certifications. Professionals responsible for the management of equipment, materials, as well as other moveable or durable assets, will benefit from a CPPS. If you are seeking a career as a property manager for a residential or commercial building, you will quickly gain confidence from your future employer with this designation; they will feel assured that you can manage their equipment, materials, and other assets with the utmost professionalism. Provided by the National Property Management Association (NPMA), once you obtain this certification, you may also become eligible for other certifications. For many, this is a necessary first step. In order to qualify:

  • Document your work experience.
  • Take both the CPPS Module 1 exam and the CPPS Module 2 exam.
  • Upon passing both exams, you will receive an email from NPMA that includes your CPPS certificate.

5.) Choosing the Right College:

Whether you are seeking out a Property Management Certification, Associates degree in Property Management, bachelor’s degree in Property Management, or a Masters’s degree in Property Management, where you go to school is an important decision – and investment. After all, a successful career as a licensed property manager starts with your education.

  • Determine the cost of the school.
  • Learn the school’s acceptance rate.
  • Evaluate property management schools based on course value.
  • Measure the overall performance of the school
  • Research the course requirements.
  • Read up on the school’s return policies.
  • You may also want to look at student life (safety, diversity, athletics), especially if you will live on campus.
  • Look at reviews from certified property managers who attended the school; try to find feedback on how easy the school and courses were to navigate.

 

Real Estate or Property Management Colleges & Universities in Ohio

If you’re looking to become a Columbus property manager, you’re in the right place! There are 52 colleges and universities in the Greater Columbus, Ohio region — one of the largest concentrations of higher education in the country. These schools have a total of more than 134,000 students enrolled and 22,000 graduates annually. And there are 97 colleges and universities in Ohio. Of these schools, approximately 29 are accredited schools in Ohio that offer property management programs. You can choose from a real estate school, a property management school, and online schools offering programs on real estate or property management. We recommend you choose a school with a program that will set you apart from others who want to venture into Columbus real estate property management services.

Best Real Estate Schools in Ohio

Below are some of the best real estate schools in Ohio, based on overall ratings.

  • Marion Technical College
  • Edison State Community College
  • Terra State Community College

Best Property Management Schools in Ohio

Below are some of the best property management schools in Ohio for an undergraduate Property Management degree, based on overall ratings.

  • Columbus State Community College
  • Cuyahoga Community College District
  • Remington College
  • Apollo Career Center
  • Mid-EastCTC-Adult Education
  • Trumbull Career & Technical Center
  • Auburn Career Center
  • ETI Technical College
  • Penta County Joint Vocational School

Best Online Real Estate Schools in Ohio

If you’re considering online real estate schools, there are many options from which to choose. Below are some of the best online real estate schools in Ohio, based on overall ratings. These particular schools offer a mix of in-person learning and online learning formats for people seeking their real estate license as well as licensed real estate agents wanting to further their education. They provide an array of real estate license courses (both pre-licensing and post-licensing), exam preparation, and continuing education real estate courses.

  • Hondros
  • The CE Shop
  • Kaplan
  • Tuxedo Training Real Estate School

 

What is a Career Path for a Certified Property Manager?

Regional Property Operations Manager

When it comes to property management, Columbus, Ohio has a lot of career opportunities. Once you’ve become a Certified Property Manager, you can choose the path of a Regional Property Operations Manager. A Regional Property Operations Manager oversees the day-to-day operations of a set of properties. Their core tasks typically include managing maintenance, human resources, marketing, and assets.  How much does a Regional Property Operations Manager make in Columbus, OH? According to Salary.com, the average salary is $107,951, as of March 2022.

Residential Property Manager III

Or you can go in a different direction and choose the path of a Residential Property Manager III. A Regional Property Operations Manager oversees the day-to-day operations of one or more large residential properties or communities. Their core tasks typically include overseeing sales and leasing activities, tenant management, and maintenance. How much does a Residential Property Manager III make in Columbus, OH? According to Salary.com, the average salary is $92,064, as of March 2022.

Area Residential Property Manager

From the path of a Residential Property Manager III, you can then become an Area Residential Property Manager. An Area Residential Property Manager is in charge of the residential property management activities in a specific region. Their core tasks typically include maximizing sales and profitability, ensuring satisfactory tenant relations, and training and managing property managers. How much does a Regional Property Operations Manager make in Columbus, OH? According to Salary.com, the average salary is $122,115, as of March 2022.

As with most metro areas, certified property managers in Columbus, Ohio are plentiful, but there are always new opportunities once you have your certification.

 

The Difference 80+ Years of Columbus Property Management Experience Makes

At The Robert Weiler Company, our commercial real estate property management team has been leaders in the Columbus, OH real estate industry since 1938. Our commercial property managers are all licensed and certified and have experienced all Columbus and Central Ohio has to offer when it comes to managing commercial real estate. If you’re managing your own commercial property and decide you need help, give us a call at 614-221-4286. Discover how a Columbus property manager at The Robert Weiler Company can help you today.

 

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