To effectively and efficiently perform their job, a property management specialist needs to have a combination of skills and qualifications. These include having a high school diploma or equivalent, although some employers may prefer a bachelor's degree or certification in property management or a related field. A valid driver's license and reliable vehicle are also necessary, as they may need to travel between different properties. Depending on the state or jurisdiction, they may also need to obtain a property management license or registration. Furthermore, they should have comprehensive knowledge of the local real estate market, trends, and laws; a solid understanding of accounting, budgeting, and financial reporting; and proficient use of computer software such as Microsoft Office, property management software, and online platforms. Good communication, negotiation, interpersonal skills are also essential for interacting with various stakeholders such as owners, tenants, contractors, vendors, and authorities. Additionally, they should possess high levels of organization, time management and problem-solving skills; an attention to detail; accuracy; quality; customer service; ethical standards; and professional attitude in order to represent the owners or investors and build trust and rapport with the tenants.