Career

Best Rental Coordinator Schools 2024

Learn everything you need to know about becoming a Rental Coordinator, including salary, schools, and programs.

Rental Coordinator

Explore Rental Coordinator Schools (2024)

Looking to start your journey as a Rental Coordinator? Finding the right education is key. Here's a curated list of schools offering quality Rental Coordinator programs:

  • We've identified top institutions known for excellent Rental Coordinator education.
  • Options include both local schools and nationally recognized programs.
  • Each listing highlights relevant degree programs for aspiring Rental Coordinator professionals.
  • You'll also find information on related career paths in the field.

Browse through these options to find a program that aligns with your career goals in the Rental Coordinator industry.

Top Rental Coordinator Schools in the U.S. (2024)

#1Maricopa County

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891
#2Merrimack County

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091
#3Salt Lake County

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935
#4El Paso County

Colorado Technical University-Colorado Springs

Colorado Springs, CO

In-State Tuition:$12,036
Out-of-State Tuition:$12,036
Admission Rate:N/A
Graduation Rate:20%
Total Enrollment:24,808
#5Maricopa County

Grand Canyon University

Phoenix, AZ

In-State Tuition:$16,407
Out-of-State Tuition:$16,407
Admission Rate:78%
Graduation Rate:45%
Total Enrollment:101,816
#6Lynchburg City

Liberty University

Lynchburg, VA

In-State Tuition:$15,467
Out-of-State Tuition:$15,467
Admission Rate:99%
Graduation Rate:66%
Total Enrollment:96,709

Rental Coordinator Required Education (2024)

To pursue a career as a Rental Coordinator, you need to meet certain educational requirements, which can vary based on the employer and the specific sector within the rental industry.

  • Minimum Education

    • A high school diploma or equivalent is generally the minimum education requirement.
    • Some employers may accept candidates with equivalent experience or skills in lieu of formal education.

  • Advanced Education

    • An associate degree in business administration, management, or a related field can enhance your qualifications and improve job prospects.
    • A bachelor's degree in business administration, real estate, or a related field is preferred by some employers, particularly for roles with greater responsibilities or in competitive markets.

Having a solid educational foundation is critical, as it provides the essential skills needed for success in this role.

Rental Coordinator Professional Certifications & Licenses (2024)

  • Certified Property Manager (CPM): Offered by the Institute of Real Estate Management (IREM), this certification demonstrates your advanced knowledge and skills in property management, which is beneficial for a Rental Coordinator.

  • Residential Management Professional (RMP): This certification is provided by the National Association of Residential Property Managers (NARPM). It is designed for those involved in residential property management, enhancing your competency in managing rental properties.

  • Certified Leasing Specialist (CLS): Administered by the National Apartment Association (NAA), this certification focuses on leasing practices and techniques, making it valuable for those involved in rental coordination.

  • Real Estate License: Although not always mandatory, having a state-issued real estate license may be required in some areas, especially when dealing with residential or commercial property leases.

  • National Apartment Leasing Professional (NALP): Offered by the NAA, this certification focuses on leasing and marketing rental properties, providing essential skills for effective rental coordination.

  • Certified Commercial Investment Member (CCIM): While this is more focused on commercial real estate, holding a CCIM designation can demonstrate your expertise in investment analysis and property management, which can be appealing to potential employers.

  • Forklift Certification: If your role involves managing rental equipment, obtaining certification for operating forklifts and other machinery may be necessary for safety compliance.

  • Occupational Safety and Health Administration (OSHA) Certification: A general understanding of workplace safety standards can be beneficial, especially if you are involved in maintenance coordination or equipment rentals.

These certifications and licenses can enhance your qualifications and improve your job prospects as a Rental Coordinator.

Job Duties for Rental Coordinators

  • Compute charges for merchandise or services and receive payments.

  • Explain rental fees, policies, and procedures.

  • Receive orders for services, such as rentals, repairs, dry cleaning, and storage.

Technologies and Skills Used by Rental Coordinators

Data base user interface and query software

  • Database software
  • Oracle Database

Presentation software

  • Microsoft PowerPoint

Spreadsheet software

  • Microsoft Excel

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Talking to others

Social

  • Looking for ways to help people
  • Understanding people's reactions

Rental Coordinator Internships, Apprenticeships & Practical Training

As a Rental Coordinator, gaining practical experience through internships or apprenticeships can significantly enhance your skills and marketability in the field. Here are some opportunities to consider:

  • Property Management Internships: Many property management companies offer internship programs that allow you to work directly with seasoned rental coordinators. You will gain firsthand experience in tenant relations, application processing, and lease administration.

  • Real Estate Firms: Interning with a real estate company can provide insights into the rental market, property valuation, and client management. This experience is valuable for understanding how rental coordinators operate within larger real estate transactions.

  • Event Rental Companies: Companies that specialize in renting equipment for events (such as tents, chairs, and audiovisual equipment) often seek interns. You will learn inventory management, customer service, and logistics planning essential for successful rentals.

  • Hospitality Internships: Hotels and resorts may offer internships in their sales or event planning departments, where you can learn about rental coordination for events, from planning to execution. This can be particularly beneficial if you are interested in the intersection of hospitality and rental coordination.

  • Nonprofit Organizations: Internships with nonprofits that manage community spaces or event venues can provide experience in coordinating rentals for various community events. This role typically involves working with diverse clientele and understanding budget constraints.

  • Vacation Rental Platforms: Many online platforms that focus on vacation rentals may have internship opportunities. You could assist in managing property listings, customer inquiries, and booking processes, gaining exposure to the digital side of rental coordination.

  • Construction and Equipment Rental Firms: Interning at a construction equipment rental company can provide knowledge about managing inventory, customer partnerships, and the logistics involved in coordinating equipment rentals for projects.

  • Trade Shows and Exhibitions: Look for internships with companies that manage trade shows or exhibitions, where you can coordinate the rental of booths, tables, and materials for vendors. This experience is valuable for learning about event logistics and client management.

  • Local Government Internships: Municipalities may offer internships where you help coordinate rentals for public parks, community centers, and meeting spaces. This role often involves liaising with community members and understanding compliance regulations.

While pursuing these opportunities, focus on developing skills such as communication, organization, and customer service. Each experience will contribute to your overall competence as a Rental Coordinator and prepare you for a successful career in this field.

Rental Coordinator Continuing Education & Professional Development (2024)

As a Rental Coordinator, continuous learning is essential for staying competitive and enhancing your expertise in the field. Consider the following educational opportunities and professional development avenues:

  • Certification Programs
    Pursuing certifications specific to property management and leasing can provide you with an advantage. Notable programs include:

    • Certified Apartment Manager (CAM)
      Offered by the National Apartment Association, this certification focuses on effective property management practices.
    • Certified Property Manager (CPM)
      Administered by the Institute of Real Estate Management (IREM), this designation emphasizes the strategies and skills needed for effective property management.

  • Workshops and Seminars
    Participate in industry workshops and seminars to stay informed about the latest trends, technologies, and regulations affecting the rental market. Local real estate organizations and community colleges often host these events.

  • Online Courses
    Utilize online learning platforms to enhance your knowledge in various aspects of property rental, including:

    • Leasing and rental agreements
    • Customer service and communication skills
    • Marketing strategies specific to rental properties
      Websites like Coursera, Udemy, and LinkedIn Learning offer numerous courses that can fit your schedule.

  • Networking Opportunities
    Engage with professional organizations such as:

    • National Apartment Association (NAA)
      This organization hosts networking events, webinars, and local conferences that can help you connect with other industry professionals.
    • Institute of Real Estate Management (IREM)
      Join IREM to access resources, engage in forums, and attend events that can expand your network.

  • Professional Associations
    Becoming a member of relevant associations can provide access to resources, mentorship programs, and educational materials:

    • National Association of Realtors (NAR)
    • Building Owners and Managers Association International (BOMA)

  • Mentorship Programs
    Seek out mentorship from experienced professionals in the rental industry. This can provide personalized guidance and insights that are invaluable for your career growth.

  • Staying Informed
    Regularly read industry publications, blogs, and reports to keep abreast of market trends and legislative changes affecting rental properties. Subscribing to newsletters from reputable sources will ensure you are continuously learning.

  • Technical Skills Development
    Familiarize yourself with property management software and tools, such as Yardi, AppFolio, or Propertyware. Online training programs or tutorials for these systems can improve your efficiency and proficiency in managing rental operations.

  • Soft Skills Enhancement
    Consider training sessions in areas such as conflict resolution, negotiation, and customer service. These skills are essential for effective tenant relations and can be developed through workshops or online courses.

Investing in your continuing education and professional development will not only enhance your capabilities as a Rental Coordinator but also position you for advancement and new opportunities in the rental management field.

What To Look For When Deciding On Campus vs Online Degree Programs for Rental Coordinators (2024)

When considering your education as a Rental Coordinator, you will find both online and campus-based programs available. Each option has distinct advantages and potential drawbacks, depending on your learning style and personal circumstances.

Online Programs

  • Flexibility: Online courses offer the ability to study at your own pace and on your own schedule. This is ideal if you are balancing work or personal commitments.
  • Accessibility: You can access materials and lectures from anywhere with an internet connection. This is especially beneficial for those who live in remote areas or have mobility limitations.
  • Variety of Courses: Many online institutions provide a diverse range of specialized courses that cater to the needs of Rental Coordinators, such as property management software, customer service skills, and marketing strategies.
  • Lower Costs: Often, online programs can be less expensive than traditional campus-based programs, as there are savings on commuting, housing, and sometimes cheaper tuition rates.
  • Networking Opportunities: While online programs can limit face-to-face interaction, many schools offer online forums, webinars, and virtual meetups that facilitate networking with peers and professionals in the rental industry.

Campus-Based Programs

  • In-Person Interaction: Attending classes on campus allows you to engage directly with instructors and classmates, which can enhance learning through immediate feedback and discussion.
  • Access to Campus Resources: Being on campus provides you with access to facilities such as libraries, computer labs, and career services that can aid your educational journey.
  • Structured Environment: Campus-based programs often have fixed schedules that help students stay disciplined and organized, which may enhance your learning process.
  • Hands-On Learning: Many campus programs incorporate practical experiences, including internships or simulations, which are valuable for gaining real-world skills relevant to the Rental Coordinator role.
  • Networking Potential: Attending a physical campus allows for organic networking opportunities with classmates, faculty, and industry representatives during events, workshops, and social gatherings.

Choosing the Right Option

When deciding between online and campus-based education programs for a Rental Coordinator career, consider the following factors:

  • Personal Learning Preferences: Reflect on whether you thrive in a structured environment with direct interaction or prefer the freedom and flexibility of online learning.
  • Current Lifestyle: Take into account your job, family commitments, and location, which may influence your ability to attend classes on campus.
  • Program Offerings: Research the specific programs available in both formats to see which ones better align with your career goals and the skills you want to develop.

By evaluating these aspects, you can make an informed choice that aligns with your educational and career objectives in the rental coordination field.

Rental Coordinator Typical Career Path (2024)

As a Rental Coordinator, you will typically progress through various levels of responsibility, gaining experience and skills that will enable you to advance your career. Below are the typical entry-level, mid-level, and advanced roles within this career path.

Entry-Level Positions

  • Rental Assistant: This role is often your starting point, where you will assist Rental Coordinators in daily operations. Responsibilities may include managing inventory, processing rental agreements, and providing customer support.

  • Customer Service Representative: In this position, you will interact directly with customers, addressing inquiries, handling reservations, and ensuring a positive rental experience. This role helps you develop communication skills and customer management techniques.

  • Sales Associate: Working in a retail or rental environment, you will be responsible for promoting rental products and services, processing transactions, and maintaining a tidy storefront. This position builds your sales expertise and product knowledge.

Mid-Level Positions

  • Rental Coordinator: In this role, you take on greater responsibilities, including coordinating rental logistics, negotiating terms with suppliers, and overseeing customer agreements. You will also manage a team of rental assistants and ensure that operations run smoothly.

  • Operations Manager: Transitioning into management, you will oversee daily operations, ensure compliance with company policies, and implement strategies to improve efficiency. This position typically requires a strong understanding of industry practices and rental procedures.

  • Sales Manager: As a Sales Manager, you will lead a team of sales associates, setting targets and developing sales strategies. You will analyze market trends and customer needs to drive business growth.

Advanced Roles

  • Regional Rental Manager: In this advanced position, you will oversee multiple rental locations within a designated region, ensuring that each operates effectively and meets company standards. Strategic planning and budget management become crucial aspects of this role.

  • Director of Rental Operations: In this executive role, you will be responsible for the overall rental strategy and execution across the organization. You will work closely with senior leadership to align operations with company goals, drive innovation, and enhance customer experiences.

  • Vice President of Rentals: At this top-tier position, you will set the vision for the rental segment of the company. You will manage large teams, establish high-level partnerships, and influence company direction on a strategic level, often sitting on the executive management team.

As you progress through various positions, gaining relevant experience and developing strong leadership skills will be essential for moving toward advanced roles in your Rental Coordinator career.

Related Fields and Alternative Career Paths to Rental Coordinators (2024)

As a Rental Coordinator, you acquire a set of skills and knowledge that can easily translate to various roles within the hospitality, property management, and logistics sectors. Below are some related fields and alternative career paths where your background can be particularly advantageous:

  • Property Manager

    • Similar educational requirements, often involving courses in real estate, finance, and business management.
    • Skills in tenant relations, lease agreements, and property maintenance translate well to property management roles.

  • Event Coordinator

    • Focus on planning and executing events, which can leverage your organization and communication skills.
    • Experience in managing rentals and logistics can serve as a strong foundation for coordinating events and ensuring client satisfaction.

  • Customer Service Manager

    • Involves overseeing customer relations, which aligns with your experience in client interaction as a Rental Coordinator.
    • Training in conflict resolution and customer support is transferrable, enhancing your leadership capabilities.

  • Logistics Coordinator

    • Engages in the management of supply chains and transportation, requiring strong organizational skills similar to those in rental coordination.
    • Your experience in scheduling and tracking resources can be directly applied to optimizing logistics operations.

  • Sales Representative (in Rentals/Real Estate)

    • Knowledge of rental markets and pricing strategies can facilitate a transition into sales positions focusing on rental properties.
    • Your negotiation skills and familiarity with client needs make you a competitive candidate in sales environments.

  • Administrative Assistant

    • Supports a variety of functions within organizations and utilizes communication, scheduling, and document management skills.
    • Your background in managing inquiries and documentation in rentals can be beneficial in providing administrative support.

  • Hospitality Manager

    • Involves managing operations in hotels, resorts, or rental property companies.
    • Education in hospitality management combined with experience in rental operations can prepare you for roles in this field.

  • Rental Sales Agent

    • Works directly with customers to facilitate rental transactions, ideally suited for those with a Rental Coordinator background.
    • Your client management expertise can enhance the customer experience and drive rental sales.

  • Real Estate Agent

    • Requires similar knowledge of property management principles and market analysis.
    • Your understanding of rental markets can provide a strong basis for a career in real estate sales.

When considering any of these paths, your foundational skills in organization, communication, and customer service will serve you well. Relevant certifications or additional coursework can further strengthen your qualifications and help facilitate your transition into a new role.

Rental Coordinator Frequently Asked Questions (FAQs) (2024)

  • What education is required to become a Rental Coordinator?
    While a high school diploma or equivalent is generally the minimum requirement, many employers prefer candidates with an associate's or bachelor's degree in business administration, hospitality management, or a related field.

  • Do I need any specific certifications to work as a Rental Coordinator?
    Certifications are not mandatory, but obtaining certifications such as the Certified Rental Administrator (CRA) can enhance your employability and showcase your commitment to the industry.

  • Is prior experience necessary for a Rental Coordinator position?
    Many employers value experience in customer service, sales, or administrative roles, but entry-level positions may be available for candidates willing to learn on the job.

  • What skills are essential for a Rental Coordinator?
    Important skills include strong communication abilities, organizational skills, attention to detail, and proficiency in computer software relevant to inventory management and customer relationship management.

  • Does the job require any specialized training?
    On-the-job training is often provided, focusing on specific software systems and company policies. Familiarity with rental management software can be beneficial.

  • Are there opportunities for advancement in this career?
    Yes, with experience and proven performance, you can move into supervisory roles, management positions, or even specialize in areas such as sales or marketing within the rental industry.

  • What type of work environment can I expect as a Rental Coordinator?
    Rental Coordinators typically work in an office setting, but they may also spend time visiting rental sites or meeting with clients, depending on the nature of the rental business.

  • Is continuing education necessary in this field?
    While not mandatory, pursuing additional training or workshops can keep you updated on industry standards, improve your skills, and help you advance in your career.

  • What are the typical working hours for a Rental Coordinator?
    Most Rental Coordinators work full-time during regular business hours, but some roles may require evenings or weekends during busy rental periods or special events.

Additional Resources for Rental Coordinators (2024)

  • Educational Institutions
    Explore local community colleges and universities that offer degrees or certifications in business administration, hospitality management, or similar fields. Check with the following institutions for relevant programs:

  • Online Courses
    Enhance your skills through online platforms that provide courses specific to rental coordination, property management, and customer service:

    • Coursera
      • Offers courses on business fundamentals and customer service.
    • edX
      • Provides access to various courses in business and hospitality management.
    • Udemy
      • Features affordable courses on rental property management and customer relations.

  • Professional Organizations
    Joining relevant organizations can provide networking opportunities and access to industry resources:

  • Certification Programs
    Certifications can enhance your qualifications and demonstrate your expertise in the field:

  • Industry Publications and Journals
    Stay updated on industry trends and best practices by reading relevant publications:

  • Networking Platforms
    Engage with peers and experts in the field through networking sites:

    • LinkedIn
      • Join groups focused on property management and rental coordination for discussions and connections.
    • Meetup
      • Look for local events or groups that align with your professional interests in rental coordination.

  • Software Tools
    Familiarize yourself with software commonly used in rental management for efficiency and organization:

    • Buildium
      • A property management software tool to help manage rentals and tenant information.
    • AppFolio
      • Provides property management solutions that streamline rentals and tenant relations.

These resources will assist you in obtaining necessary education and certifications, staying informed about industry trends, and connecting with professionals in the rental coordination field.