Property Management is a field that focuses on the management and operation of real estate properties including residential, commercial, and industrial. This major aims to provide students with the knowledge and skills necessary to maintain property value, achieve sustainable financial returns, and ensure tenant satisfaction. Here’s a comprehensive look at the key aspects of the property management major:

Property management basics:

• Understand the basic concepts of property management and different property types (residential, commercial, industrial).
• Study the role and responsibilities of the property manager in real estate management.

Marketing and leasing:

• Develop real estate marketing strategies to attract tenants.
• Understand the leasing process including setting rates, negotiating contracts, and managing tenant relationships.

Contract management and negotiation:

• Learn how to prepare contracts and manage contractual agreements with tenants and suppliers.
• Develop negotiation skills to ensure the best terms for contracts are achieved.

Maintenance and operation management:

• Develop preventive and corrective maintenance plans to keep the property in good condition.
• Manage daily operations and ensure the property is run efficiently.

Finance and budget management:

• Preparing and analyzing financial budgets and managing cash flows.
• Study strategies to improve financial returns and reduce costs.

Risk management and insurance:

• Identify potential risks related to the property and develop plans to mitigate them.
• Understand the types of insurance suitable for real estate and how to manage insurance claims.

Real estate laws and legislation:

• Study local and international laws and legislation related to property management.
• Understand the rights and duties of landlords and tenants and comply with legal requirements.

Tenant management and public relations:

• Develop strategies to manage tenant relationships and achieve tenant satisfaction.
• Handling tenant complaints and resolving disputes effectively.

Commercial property management:

• Understand the characteristics of managing commercial properties such as offices and shops.
• Develop strategies to improve commercial property occupancy and increase revenues.

Residential property management:

• Managing residential properties such as apartments and residential complexes.
• Develop programs to maintain property and improve the housing experience.

Industrial property management:

• Understand the requirements for managing industrial properties such as warehouses and factories.
• Develop strategies to ensure efficient operation and safety at industrial properties.

Technology and property management:

• Using technology to improve property management processes such as property management systems (PMS).
• Applying technological innovations to improve tenant experience and increase operational efficiency.

Sustainability in property management:

• Develop strategies to implement sustainability practices in property management.
• Improving energy efficiency and reducing the environmental impact of real estate.

Practical training and applied projects:

• Obtain practical experience through training in property management companies and real estate institutions.
• Apply theoretical knowledge in real business environments to develop practical and effective solutions.

Research and development in property management:

• Participate in research to develop new technologies and methods in the field of property management.
• Publishing research and participating in scientific conferences to share results and innovations.

The Property Management major provides broad job opportunities in multiple fields such as residential, commercial, and industrial property management. This major contributes to providing students with the necessary skills to ensure operating efficiency, maintain property value, and achieve tenant satisfaction in a dynamic and changing business environment.