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B.A.S. Residential & Commercial Property Management

 

Enrolling students NOW for fall 2018 inaugural class. We are accepting applications beginning in March and expect to have a full cohort by July, so apply early — please see more information under Admissions.

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This program prepares students for a career in either residential or commercial property management. It is a multi-disciplinary curriculum, combining business, accounting, and real estate courses. This bachelor’s degree program combines a business, accounting, or real estate AAS-T degree with upper division courses in property management. Our focused curriculum ensures students are prepared for career opportunities upon graduation.

The program is ideal for business and accounting students who want to make the transition to an exciting career in property management. Real estate professionals who want to move into or specialize in  property management can benefit from having a four-year degree.

This is a dynamic, well-paying, in-demand occupation many have never heard of, and North is offering the first affordable and flexible bachelors of its kind on the West Coast.

Dynamic Property Management is booming! It is a critical segment of the much broader real estate industry and this part of the industry is looking for highly skilled professionals. Property Managers manage real property assets. The typical office building or apartment complex is a multi-million-dollar asset, and its manager is recognized as the CEO of the business enterprise that property represents.

Property management offers job opportunities at many levels – ranging from front-line site managers and leasing agents to company executives and portfolio managers. In addition, a variety of staff positions in accounting, marketing, leasing, maintenance, human resources support overall property management responsibilities.

A property manager’s primary responsibilities generally fall into five areas:

1. Management of the physical property, including maintenance, inspections, operations, capital improvements, and sustainability.

2. Human resources, including interacting with tenants, managing and leading the people who maintain and support the property’s operations, and working with property owners.

3. Financial management, including budgeting, accounting, financial and investment analysis, and financing.

4. Marketing and leasing, including developing marketing plans and strategy, advertising and preparing the space for rent, showing the property, negotiating leases,  and establishing rents.

5. Legal and risk management, including insurance, emergency planning, government regulations, contracts and leasing.

Well-Paying

The median earnings for a property manager in Seattle is over $60,000. We anticipate that even before graduation, RCPM students will be in high demand. Expectations are that our graduates will be employed by companies all over the country, starting in a variety of entry-level positions, and then move up very quickly in the industry. If you choose to work in the industry, there is a job for you. Entry-level salaries are competitive with generous benefits, bonuses, and commissions.

In Demand

The employment demand forecasts for Property Managers reflect the growth in building activity. Seattle was the "crane capital of America" for the second year in a row, with 62 cranes towering over downtown. New building construction creates more residential and commercial properties and more work for the property management profession. According to the Bureau of Labor Statistics, employment of property, real estate, and community association managers is projected to grow nationally at 11 percent from 2016 to 2026, faster than the average for all occupations. In the Seattle area there were almost 11,000 unique online job postings for property managers in 2016. According to EMSI, Inc. the demand in the Seattle-Bellevue-Tacoma area is forecast to grow by 17% in the years leading up to 2024 and 21% statewide.

Current estimates are that 42% of existing property managers are 55 and older, so attrition will create most of the job openings, in addition to new property development.

Affordable & Flexible

Washington’s community colleges are offering a more affordable pathway to a Bachelor’s degree. Tuition for RCPM BAS course is set at the lowest level for a public bachelor’s degree, averaging $2300 per quarter while in the program. Students who qualify can receive federal and state financial aid throughout their time in the program. This program is designed to be worker-friendly: RCPM courses  use a hybrid format in which class sessions consist of just two weekday evenings per week, supplemented with information presented online using the Canvas online learning management system. General education classes can be taken in-person in the evenings or online.

Get Industry Ready

In addition to a Bachelor’s degree, many employers are looking for candidates with knowledge and skills in marketing, renting/leasing, building management, real estate law, and now, sustainability. The RCPM program was developed in concert with leading industry professionals guiding our curriculum development. Industry leaders have worked closely to aid in the development of the curriculum in order to align the program with the industry’s top credentials. Learn more.

  • Workforce Instruction Division
  •  
  • Program Manager 
  • Jesse Cooley
  • (206) 934-6131
  • Email
  •  
  • Division Contacts
  • (206) 934-3790
  •  
  • Location
  • 2312B
  •  
  • Mailing Address
  • NSC Workforce Instruction Division
  • 9600 College Way N
  • 3NC2312B
  • Seattle, WA 98103
  •  
  • Dean
  • Aaron Korngiebel