Experience and Qualifications
What kind of experience, education, training, and qualifications should a property manager have?
Experience
Some things are learned by doing. You don't know what you don't know.
Experience sure is helpful when you are running any business, and property management is no different. You should take into account that people learn at different rates, but you should find a property manager that has found a way to gain experience.
An Oregon Experience, LLC has been managing short term and long-term rentals for over 30 years. We have one property manager with three decades of on the job know-how and one that has been working in the industry for a few years with a fresh take on trends and business practices. We think this is the perfect mix.
Education
Education requirements vary from State to state. In Oregon, a property management license is required to participate in any property management activities. Property Managers take a licensing class and pass a licensing exam for the Oregon Real Estate Agency will issue a Property Management License. It goes without saying that you should make sure your property manager is licensed to do business in the state you are hiring them to manage property.
Training
To maintain a Property Management license in Oregon, a licensee must complete 27 hours of continuing education classed, plus a three hour class focused on law and rule updates. Property Managers. There are a variety of ways to obtain continuing education classes including online resources, community colleges, local governments, and local associations.
Our Property Manager is a board member at the Portland Area Rental Owner's Association. She participates in monthly meetings, networking with other Real Estate Professionals, and attending classes and training events to stay up to date on laws, rules and issues that come up in Property Management.
