::property-manager::

What is a Property Manager?

A property manager is someone who takes care of the many aspects of residential, commercial, or industrial properties. They make sure the property is rented, looks nice, operates smoothly, and preserves its resale value. Property managers usually work in an office environment, often onsite

Pay or delegate paying of bills, such as mortgage, taxes, insurance, payroll, and cleaning

What does a Property Manager do?

Meet with, and show properties to, prospective renters
Discuss the lease and explain the terms of occupancy
Discuss the lease and explain the terms of occupancy
Collect monthly fees from tenants Inspect all building facilities, including the grounds and equipment
Arrange for new equipment or repairs as needed to keep up the property

Pay or delegate paying of bills, such as mortgage, taxes, insurance, payroll, and cleaning
Contract for trash removal, swimming pool maintenance, landscaping, security, and other services
Investigate and settle complaints, disturbances, and violations
Prepare budgets and financial reports

What is the workplace of a Property Manager like?

About half of property managers are self-employed. Nearly all work out of an office. However, many managers spend much of their time away from their desks. Onsite managers, in particular, may spend a large part of their work day visiting the building engineer, showing apartments, checking on the janitorial and maintenance staff, or investigating problems reported by residents. Real estate asset managers may spend time away from home while travelling to company real estate holdings or searching for properties to buy.

Property managers often must attend evening meetings with residents, property owners, community association boards of directors, or civic groups. As a result, long hours are common. Some apartment managers are required to live in the apartment complexes where they work, so that they are available to handle emergencies, even when they are off duty.

Most property managers work full time. Many apartment managers get time off during the week so that they can work on weekends to show apartments to prospective renters.

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