Property Manager Responsibilities
Responsible for overseeing the day-to-day operations, including tenant screening, lease management, rent collection, maintenance coordination, addressing tenant concerns, and ensuring compliance with local regulations, all while maximizing property value and tenant satisfaction.
Key responsibilities
Tenant Management:
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- Screening potential tenants through background checks and credit reports
- Negotiating lease agreements and ensuring compliance with rental terms
- Collecting rent payments on time and managing late rent collections
- Addressing tenant complaints and concerns promptly
- Handling tenant turnover, including move-in and move-out inspections
Property Maintenance:
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- Conducting regular property inspections to identify maintenance needs
- Coordinating repairs and maintenance with contractors
- Overseeing emergency repairs and addressing urgent issues
- Managing preventative maintenance schedules
Financial Oversight:
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- Setting rental rates based on market analysis
- Preparing and managing property budgets
- Tracking expenses and income related to the property
- Monitoring property performance and identifying areas for improvement
Legal and Compliance:
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- Ensuring adherence to local landlord-tenant laws and regulations
- Handling eviction procedures when necessary
- Staying updated on legal changes impacting property management
Marketing and Leasing:
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- Advertising vacant units to attract new tenants
- Showing properties to potential tenants
- Managing online property listings
Required skills:
- Excellent communication and interpersonal skills to interact with tenants and contractors
- Strong organizational skills to manage multiple tasks and deadlines
- Financial literacy to track expenses and manage budgets
- Problem-solving abilities to address tenant issues and maintenance concerns
- Knowledge of local landlord-tenant laws and regulations
- Basic understanding of property management software
Equal Opportunity Employer