Could a Career in Block Management Be Right for You?
Property prices continue to rise, and it is evident that renting a house or apartment is a viable option even amongst higher earners. For those considering a career in property, therefore, there are increasingly more opportunities in the area of lettings. Opportunities are numerous both for the graduate and for the more mature candidate considering a second career. There are large and small agencies managing properties for landlords; this is an industry area which is booming.
What Is Block Management?
Have you been thinking about the possibility of a new career in block property management? Block management may not be something that you have considered. It offers a diverse range of opportunities working with customers; you will have the opportunity to be both field and office based. The ‘block’ part of the role means blocks of flats, as you might imagine. Many landlords prefer to delegate the role to a professionally qualified agent. With flats and the numerous issues which arise with leasehold properties, there are ever more complex tasks to carry out, which makes it logical to employ a block letting professional.
Block letting agents will be dealing day to day with contractors for work such as painting, decorating, gardening, plumbing and general maintenance. On a professional level, the agent will possess a good understanding of legislation and leasehold matters. He/she will also be responsible for preparing annual budgets and accounts as well as organising routine inspections. A good knowledge of health and safety issues and building regulations is obviously essential. You will also need to be ambitious with a can-do attitude. Much of the time you will be working on your own initiative.
If you would like to read more about the work of block management services, see http://www.completepropertygroup.co.uk/property-block-and-estate-management/.
This well-established company is based in Cheltenham and offers the full range of block management and property letting services.
Qualifications and Courses
It is possible that you may have transferable skills and will be competent enough to apply for a role without further study. However, consider undertaking a specialised course. Propertymark Qualifications is an independent organisation and is a regulated awarding body. You can read more about their courses here: http://www.propertymarkqualifications.co.uk/qualifications/residential-letting-property-management/.
Never forget that when it comes to property, the tenants are the most important aspect of the work. Good people and negotiating skills are essential.