Property Managers have a big job with many responsibilities.
Property managers are hired to maintain property rentals by advertising and filling vacancies; negotiating and enforcing leases while maintaining and securing the community.
The Nitty Gritty of the Job Duties:
Establish rental rate by surveying local rental rates
Calculating overhead costs
Attract tenants by advertising vacancies
Obtain referrals from current residents
Explain advantages of location, services and touring the apartments
Reviewing the lease with with residents
Collecting security deposit and fees
Collecting rents
Paying bills
Forecasting and preparing an annual budget
Scheduling expenditures
Analyzing variances and plan to correct
Investigate and resolve resident complaints
Practice fair housing
inspect vacant units and have team complete the repairs
Plann any renovations
Contract landscaping and seasonal services
Maintains building systems and supervise repairs
Secure property by contracting with security patrol service or courtesy officer
Install and maintaining security devices
Establish and enforcing precautionary policies and procedures
Respond to emergencies
Prepare monthly reports by collecting, analyzing, and summarizing data and trends.
Participate in educational opportunities
Read professional publications
Maintaining personal networks
Participating in professional organizations
Exploring opportunities to add value to the community
Motivate the team
Meet leasing and renewal goals
Professional demeanor
Good communications, written and oral and great listening skills
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