Property managers are responsible for overseeing the daily operations of rental properties, ensuring tenant satisfaction, managing property maintenance, and handling financial aspects such as rent collection and budgeting. They act as the liaison between property owners and tenants, ensuring that both parties' needs are met efficiently.
A bachelor's degree in business administration, real estate, or a related field is often required. Additional job requirements may include strong communication skills, knowledge of local property laws, and experience in property management software.
We are looking for a prudent Property Manager to be responsible for the direct management oversight of assigned commercial/residential properties. The goal is to maximize asset value, customer satisfaction and revenue.
A property manager is responsible for managing and maintaining properties on behalf of the owner. Their day-to-day tasks may include:
Rent collection and financial management: Collecting rent from tenants, ensuring timely payment, and handling any arrears or late payments. They may also handle the financial aspects of the property, such as budgeting, bookkeeping, and paying bills.
Property maintenance and repairs: Overseeing regular maintenance tasks, such as lawn care, snow removal, cleaning, and arranging repairs when needed. They may also coordinate with contractors, schedule inspections, and handle emergency maintenance issues.
Tenant relations and communications: Act as the primary point of contact for tenants, handling inquiries, complaints, and requests. They may help resolve disputes, address lease violations, and ensure that both tenants and the property are complying with relevant laws and regulations.
Marketing and tenant acquisition: Advertising and promoting vacant units to attract potential tenants. Conducting tenant screenings, including background checks and rental history verification, to select suitable applicants. They may also handle lease negotiations and draft rental agreements.
Ensuring legal compliance: Staying up to date with local, state, and federal laws and regulations related to property management and ensuring compliance. This can include fair housing regulations, building codes, and property-specific regulations.
Property inspections: Conducting regular inspections of the property to identify any maintenance or safety issues and ensuring that the property is well-maintained and meets quality standards.
Record-keeping and reporting: Maintaining accurate and organized records of rental payments, expenses, maintenance requests, and any other relevant documentation. They may also prepare reports for the property owner, summarizing financials, occupancy rates, maintenance activities, and other important information.
Overall, the day-to-day tasks of a property manager can vary depending on the size and type of the property they manage. They are responsible for ensuring the smooth operation, profitability, and overall well-being of the property.