Become a Property Manager in Georgia
Your Guide to a Property Management Career in Georgia
Your Guide to a Property Management Career in Georgia
We’ve created a guide that details how to become a property manager in Georgia, from starting out in entry-level positions, all the way to starting your own property management business. Georgia offers prime opportunities for property managers to succeed with high salaries. Why? The Peach State is growing with an active multifamily housing market and large demand for rental property. Finding the best path for you when entering the industry is the first step.
Let’s look at a few different paths to help you pick the best option.
If you’re looking to get your foot in the door without making a big commitment upfront, an entry-level role in property management might be for you. This typically means less pay, and you'll be starting your career without a real estate license. All you need to get started is the drive to start applying for jobs. These kinds of roles might be listed as “leasing agent,” “apartment manager,” “onsite manager,” and so on.
Your duties would most likely include administrative tasks, such as maintenance operations, tenant relations, and rent collection. You’d also be working under an individual, or a group, who does have a real estate license or brokerage designation.
If you’re looking to enter property management with a mid- or senior-level salary and comparable role, then getting your Georgia real estate license may be the best fit for you. With your license, property management employment opportunities – and a higher salary – opens up. According to salary.com, the median pay for a licensed property manager in Georgia is $122,000.
With a Georgia real estate license and the right certifications, Georgia law allows you to participate in the actual leasing and renting of properties, and a higher level of representation for your broker than non-licensed individuals. As a bonus, with your Georgia real estate license in hand, you can still choose to sell real estate on the side, which can be a financially rewarding side gig.
If you’re looking to start your own business, then becoming a business owner property manager may be the best fit for you. In Georgia, you will need to get your Real Estate Broker license to take charge of running your own property management company.
Plus, you’ll be able to hire other property managers and will have an uncapped earning potential.
Before becoming a licensed property manager in Georgia, you need to get your Real Estate Salesperson license. The prerequisites for earning a Real Estate Salesperson license in Georgia are:
Be at least 18 years old
Hold a high school diploma or GED
Be a US citizen or a legal permanent resident of the US
Meeting the above requirements ensures that you are eligible to be hired by a real estate brokerage.
First, you must complete and pass the required 75 hours of Georgia real estate Pre-Licensing education, approved by the Georgia Real Estate Commission & Appraisers Board. Next, you’ll need to take and pass the Georgia Real Estate Exam. For more information on the exam, see the PSI’s Candidate Information Bulletin.
You’ll also need to find a sponsoring broker and then apply for your Georgia real estate salesperson license. For a more in-depth look, read our step-by-step guide on becoming a Georgia real estate salesperson here.
With some real estate experience under your belt, it’s time to choose your path in property management.
Generally, you have two options:
Build your property management business under your broker.
This option is best if you’re starting out in real estate and want to gain experience under the guidance of an existing broker or group. This will lay the foundation for your future career growth.
Earn your Broker’s license and start your own property management company.
In Georgia, you’re required to have your Broker’s license to start your own property management company. Earning a Georgia Broker’s license requires two years of full-time real estate agent experience, 60 hours of Broker Pre-Licensing coursework, and passing a Broker exam.
Earning a certification beyond a Real Estate Salesperson or Broker license also instills trust in both clients and potential employers, helps set you apart from your competition, and demonstrates your proficiency in property management.
The most common property management certifications available include:
Earning one or more of these certifications involves a combination of coursework hours, experience hours, passing an exam, and in some cases, submitting a portfolio detailing your property management experience.
Yes! Property management can be a lucrative side business or full-time venture for licensed Georgia real estate agents. Often, your real estate clients become your property management clients.
If you want to start your own property management company, you must hold a Georgia Broker’s license. And if you aim to work for a private property management company, you may need to earn additional property management certifications beyond your Real Estate Salesperson or Broker’s license.
Joining property management industry associations and groups can help you network, find clients, get referrals, develop skills, and succeed as a property manager faster. Consider joining the associations and groups below to get a head start on your growth.
If you aren’t already a licensed Georgia real estate agent, you can expect to invest between $600 and $1,000 to get started in property management. Here’s a general breakdown of the cost to get your Georgia real estate license.
Georgia Real Estate Pre-Licensing Education | Georgia Real Estate License Exam Fee | Background Check and Fingerprinting Fee | License Application Fee | TOTAL |
|---|---|---|---|---|
$225 | $121 (per attempt) | $51 | $170 | $567 |
Beyond your licensure, you’ll also need to plan for the cost of:
Broker fees
Professional organization membership dues
Marketing and business expenses for your real estate and property management business
Here’s a great resource to learn more about how much it costs to become a real estate agent.
According to Salary.com, an Atlanta, Georgia property manager makes $107,381*. But the range typically falls between $91,317 and $124,080. It’s important to note that your salary as a property manager is based on your experience, education, credentials, and the type of employment you have. Salaried property managers often work for private property management companies and hold additional certifications beyond a real estate license.
Independent property managers—including those who work for brokers and those who own their own companies—may not be salaried and instead work for a monthly fee per property managed. This may be a fixed monthly fee or a percentage of a property’s monthly rent.
Learn more about standard property management fees here.
*August 2023 Salary Data
Georgia is one of the top states for property managers. This southern state features a booming real estate market, high demand for rental property, high rent yields, and a favorable legal landscape for new real estate and property management businesses.
Functioning as one-stop shops for all property management activities, property managers need to have a diverse skillset and a healthy mix of hard and soft skills. Among the top three skills in demand for property managers are:
Interpersonal Skills. You’ll be dealing with all kinds of people – owner clients, tenants, maintenance professionals, vendors, and more.
Organization Skills. You’ll be the keeper of all records related to your client’s property, including lease agreements, tenant information, tax records, deposits, rental payments, maintenance requests, vendor orders, and more.
Problem-Solving Skills. You’ll be handling the wins and challenges of managing tenant needs, owner needs, and the needs of the property.
Learn more about what it takes to become a property manager here.
In Georgia, you must earn your Real Estate Broker license to start a property management company. Alternatively, you can work under a Broker with your Georgia Real Estate Salesperson license.
To start your own property management company as a Georgia Broker, you’ll need to:
Earn your Georgia Real Estate Broker license
Register your business with the state
Create a business plan for your company
Choose a business structure and register your business with the state of Georgia
Determine your property manager fee structure
Invest in your business technology, documentation, accounting, and equipment needs
Start marketing your business and your services
With a Georgia Real Estate Salesperson license and while employed under a sponsoring broker, you can legally work as a property manager. This means you can manage properties, work with clients, screen tenants, handle lease payments, distribute funds to maintenance specialists, and do all the tasks traditionally performed by a property manager.
You can’t own and operate your property management company, however. That’s a benefit of becoming a Georgia Real Estate Broker.
With a Georgia Real Estate Broker license, you can legally start your own property management company, manage it, grow it, and hire others to work for you. Plus, as the broker-in-charge, you no longer need a sponsoring broker. You can perform all property management activities legally—and invest in and finance your own properties. For many property managers in Georgia, this is the goal.
Success in property management starts with knowing the ins and outs of real estate. The best way to do that is by earning your Georgia Real Estate Salesperson license. The CE Shop’s industry-leading Georgia Real Estate Pre-Licensing Courses offer everything you need to get licensed and start a new career journey in property management.