Become a Property Manager
in Ohio

Your Guide to a Property Management Career
in Ohio

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How to Become a Property Manager in Ohio

Are you interested in becoming a property manager in Ohio? Finding the best path for you when entering the industry is the first step. We’ve created a guide that details everything you need to know, from starting out in entry-level positions, all the way to starting your own property management business.   

The Different Routes to Becoming an Ohio Property Manager

Let’s look at a few different paths to help you pick the best option.
 

Entry-Level/Unlicensed Property Manager

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.

Licensed Property Manager

If you’re looking to enter property management with a mid- or senior-level salary and comparable role, then getting your 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 Ohio is over $100,000.

With a Ohio real estate license, 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 Ohio real estate license in hand, you can still choose to sell real estate on the side, which can be a financially rewarding side gig.

Business Owner Property Manager

If you’re looking to start your own business, then becoming a business owner property manager may be the best fit for you. In Ohio, 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.

Ohio Licensed Property Manager Requirements

Before becoming a licensed property manager in Ohio, you need to get your Real Estate Salesperson license. The prerequisites for earning a Real Estate Salesperson license in Ohio are:

  1. Be at least 18 years old
  2. Hold a high school diploma or GED
  3. 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.

3 Steps to Become a Licensed Property Manager in Ohio

Becoming a licensed property manager in Ohio starts with obtaining your Ohio Real Estate Salesperson license.

Enroll in OH Real Estate Licensing Courses »

  1. 1. Earn Your Ohio Real Estate Salesperson License

    First, you must complete and pass the required 120 hours of Ohio real estate Pre-Licensing education, approved by the Ohio Real Estate Commission. Next, you’ll need to take and pass the Ohio Real Estate Exam. For more information on the exam, see the PSI candidate information bulletin.

    You’ll also need to find a sponsoring broker and then apply for your Ohio real estate salesperson license. For a more in-depth look, read our step-by-step guide on becoming an Ohio real estate salesperson here.

  2. 2. Choose Your Path in Property Management

    With some real estate experience under your belt, it’s time to choose your path in property management.

    Generally, you have two options:

    1. 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.   
       
    2. Earn your broker’s license and start your own property management company.
      In Ohio, you’re required to have your Broker’s license to start your own property management company. Earning an Ohio Broker’s license requires two years of full-time real estate salesperson experience, 120 hours of Broker Pre-Licensing coursework, and passing a Broker exam.

  3. 3. Earn Property Management Certifications

    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.

Frequently Asked Questions About Property Management

In Ohio, can I be a real estate salesperson and a property manager at the same time?

Yes! Property management can be a lucrative side business or full-time venture for licensed Ohio real estate salespersons. Often, your real estate clients become your property management clients.

If you want to start your own property management company, you must hold an Ohio 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.

What are some Ohio property management associations or groups I could join?

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.

How much does it cost to become a property manager in Ohio?

Here’s a general breakdown of the cost to get your Ohio real estate license

Ohio Real Estate Pre-Licensing Education Ohio Real Estate License Exam Fee Fingerprint and Background Check Fee BLicense Application Fee TOTAL
$1,500 $63 (per attempt) $58 (This fee can vary from $447 to $80) $81 $1,702

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 salesperson.

What is the salary of a property manager in Ohio?

According to Salary.com, an Ohio property manager makes $107,855*. But the range typically falls between $91,719 and $124,619. 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.

*November 2023 Salary Data

Are property managers in demand in Ohio?

Ohio is one of the top states for property managers. This northern state features a diverse range of property management opportunities, from bustling urban areas to serene rural landscapes. Whether you're overseeing residential complexes, commercial properties, or vacation rentals, Ohio's dynamic real estate market offers a wealth of possibilities for property managers to thrive and excel in their profession.

What are the top three skills property managers need to be successful?

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.

How do I start my own property management company?

In Ohio, you must earn your Real Estate Broker License to start a property management company. Alternatively, you can work under a Broker with your Ohio Real Estate Salesperson license.

To start your own property management company as an Ohio Broker, you’ll need to:

  1. Earn your Ohio Real Estate Broker license
  2. Register your business with the state
  3. Create a business plan for your company
  4. Choose a business structure and register your business with the state of Ohio
  5. Determine your property manager fee structure
  6. Invest in your business technology, documentation, accounting, and equipment needs
  7. Start marketing your business and your services

What are the Ohio property manager education requirements?

As we mentioned above, in Ohio, it’s required that you earn an Ohio Real Estate Salesperson License before beginning work as a property manager. In addition to having deep knowledge of real estate contracts, lease agreements, and tenant/landlord laws, you need to be able to do all the “real estate-related" activities a property manager does.

And in Ohio, you must hold a real estate license to engage in these “real estate-related” activities, including:

  • Collecting rent
  • Negotiating leases
  • Soliciting tenants

These are key responsibilities of a property manager, so it’s important to get your real estate license.

Start Earning Your Real Estate License Now »

What can you do with an Ohio Real Estate Salesperson license?

With an Ohio 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 an Ohio Real Estate Broker.

What can you do with an Ohio Real Estate Broker license?

With an Ohio 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 Ohio, this is the goal.

Start Your Ohio Property Management Career With The CE Shop

Success in property management starts with knowing the ins and outs of real estate. The best way to do that is by earning your Ohio Real Estate Salesperson license. The CE Shop’s industry-leading Real Estate Pre-Licensing courses offer everything you need to get licensed and start a new career journey in property management.