1.Leasing: Advertising and marketing available units, conducting tours, screening tenants, and preparing lease agreements.
2.Rent collection: Ensuring that rent is
collected on time, and following up with tenants who are delinquent on
payments.
3.Maintenance: Coordinating repairs and
maintenance work, and ensuring that the property is well-maintained and in good
condition.
4.Budgeting: Developing and managing budgets for
the property, including expenses related to maintenance, repairs, and capital
improvements.
5.Customer service: Responding to tenant inquiries
and concerns, and ensuring that tenants are satisfied with their living
arrangements.
6.Compliance: Ensuring that the property complies
with all local, state, and federal regulations related to real estate and
tenant-landlord law.
7.Reporting: Preparing regular reports on the
financial performance of the property, including occupancy rates, income, and
expenses.
Property managers may work for a variety of organizations, including real
estate management companies, property owners, and government agencies. They may
manage a variety of properties, including residential, commercial, industrial,
and retail properties.