What does a Property Management Internship do?

Property management interns are student trainees who gain working experience in the field of property management. These interns are required to prepare comparative analysis and develop marketing strategies that can promote commercial real estate properties. They must provide tenant customer service to people with various backgrounds by responding quickly to their needs and requests. They must assist in providing professional tours by scheduling appointments with prospective residents. Property management interns must also work with senior property managers to manage budgets and financial statements.

On This Page Responsibilities Skills And Traits Comparisions Types of Property Management Internship

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Property management internship responsibilities

A property management internship involves a variety of responsibilities. These include conducting apartment surveys for inspection reports, assisting with documentation of commercial/retail space, and participating in collecting and processing application fees and rents. According to Michael Munger, Director of Undergraduate Studies at Duke University, "The best 'place' to work is one with a very fast and reliable internet connection." This highlights the importance of digital skills in property management internships. Furthermore, interns may also engage in tasks such as creating maps for property assessment, tracking maintenance issues, and developing marketing plans for available office space. These duties contribute significantly to the overall role of a property management intern.

Here are examples of responsibilities from real property management internship resumes:

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Property management internship skills and personality traits

We calculated that 27 % of Property Management Interns are proficient in Customer Service , Real Estate , and Yardi . They’re also known for soft skills such as Customer-service skills , Listening skills , and Organizational skills .

We break down the percentage of Property Management Interns that have these skills listed on their resume here:

"customer service," "real estate," and "yardi" are among the most common skills that property management interns use at work. You can find even more property management internship responsibilities below, including:

Customer-service skills. One of the key soft skills for a property management internship to have is customer-service skills. You can see how this relates to what property management interns do because "property, real estate, and community association managers must provide excellent support to keep existing clients and expand their business with new ones." Additionally, a property management internship resume shows how property management interns use customer-service skills: "obtain knowledge on resident service requests, ensuring great customer service with a 24 hour follow up. "

Listening skills. Another soft skill that's essential for fulfilling property management internship duties is listening skills. The role rewards competence in this skill because "property, real estate, and community association managers pay attention to residents and proprietors in order to understand and meet their needs." According to a property management internship resume, here's how property management interns can utilize listening skills in their job responsibilities: "prospected potential clients for real estate transactions and communicated with management to schedule client appointments. "

Organizational skills. This is an important skill for property management interns to perform their duties. For an example of how property management internship responsibilities depend on this skill, consider that "property, real estate, and community association managers must be able to plan, coordinate, and direct multiple contractors at the same time, often for multiple properties." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a property management internship: "allowed me to use data analysis, business management, financial, marketing and organizational skills. ".

Communication skills. For certain property management internship responsibilities to be completed, the job requires competence in "communication skills." The day-to-day duties of a property management internship rely on this skill, as "property, real estate, and community association managers must understand contracts and must be able to clearly explain the materials and answer questions raised by residents, board members, or service providers." For example, this snippet was taken directly from a resume about how this skill applies to what property management interns do: "implemented communications strategy and conducted market research for property management firm with focus on vacation real estate. "

Interpersonal skills. Another crucial skill for a property management internship to carry out their responsibilities is "interpersonal skills." A big part of what property management interns relies on this skill, since "property, real estate, and community association managers interact with different types of people every day." How this skill relates to property management internship duties can be seen in an example from a property management internship resume snippet: "displayed excellent interpersonal, communication and customer service skills. "

Problem-solving skills. While "problem-solving skills" is last on this skills list, don't underestimate its importance to property management internship responsibilities. Much of what a property management internship does relies on this skill, seeing as "property, real estate, and community association managers must be able to mediate disputes or legal issues between different groups of people, such as residents and board members." Here is a resume example of how this skill is used in the everyday duties of property management interns: "performed property inspections, acted as a liaison with residents and resolved conflicts. "