A property preservation specialist is responsible for vacant properties and homes that have been left empty due to foreclosure or a bank loan default.
Did you know, for example, that they earn an average of $19.25 per hour? That works out to $40,043 per year!
Who Is Property Preservation Specialist?
Homes, both commercial and residential, are sometimes vacated as a result of a bank loan default or foreclosure. In any case, a property preservation specialist will take care of a vacated property to ensure its value is preserved for proper conveyance. As a result, they are in charge of property upkeep, home improvements, damage repair, and vandal defense.
What Is the Role of a Property Preservation Specialist?
Lenders hire property preservation specialists to protect and preserve the home and ensure it is in proper conveyance condition. This can include maintenance such as yard waste removal or home improvements such as repairing damages or replacing locks to keep the home safe from vandals.
Additional responsibilities may include boarding up the house or making significant rehabilitation repairs.
Many property preservation specialists require specific skills in order to carry out their duties. We were able to narrow down the most common skills for a person in this position by reviewing resumes. Many resumes mentioned communication skills, customer service skills, and interpersonal skills.
When it comes to the most important skills required to be a property preservation specialist, we discovered that 12.6 percent of resumes included property preservation, 7.7 percent of resumes included contractor bids, and 7.3 percent of resumes included REO
These kinds of hard skills are useful to have when it comes to carrying out important job responsibilities. When looking for a job, many people look for a specific term or phrase.
Instead, searching by industry may be more useful, as you may be missing jobs that you never considered in industries that you never thought offered positions related to the property preservation specialist job title. But where do you even begin?
How to Become a Property Preservation Specialist?
One of the first things you should think about if you want to become a property preservation specialist is how much education you'll need.
According to our research, 25.4 percent of property preservation specialists have a bachelor's degree. In terms of education, we discovered that 1.7 percent of property preservation specialists have a master's degree or higher. Although some property preservation specialists hold a college degree, it is possible to become one with only a high school diploma or GED.
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When researching how to become a property preservation specialist, choosing the right major is always an important step. When we looked into the most common majors for property preservation specialists, we discovered that they usually have a bachelor's degree or a high school diploma. Other degrees that we frequently see on property preservation specialist resumes include an associate degree or a diploma.
You may discover that prior work experience will assist you in becoming a property preservation specialist. Many property preservation specialist jobs, in fact, require prior experience in a role such as a customer service representative.
Meanwhile, many property preservation specialists have prior work experience as a cashier or sales associate.
Property Preservation Specialist Salary?
The majority of property preservation specialists in the United States earn between $27,000 and $48,000 per year. When it comes to being a property preservation specialist, there is more to it than meets the eye.
I hope this article was useful to you in some way. If you want to learn more about property preservation terminology. Continue reading by following the link to my other articles.
