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Property Manager
Career Insights for Property Manager
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Scorecard
Based on California data
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What they do
A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.
$77,449 / year median in California
+5% projected growth
Job Description
About Legacy Partners:
Legacy Partners is a privately held real estate firm that owns, develops, and manages multifamily communities throughout the United States. Since 1968, we have developed more than 78,000 apartment homes and have worked with some of the world's largest financial institutions, life insurance companies, and real estate companies. In addition to development, Legacy Partners provides management services for our own portfolio and other owners. Combined, we manage a portfolio of over 50 multifamily communities with more than 12,000 apartment homes with a gross value in excess of $3 billion. ________________________________________________________________________________________________________________________________________________________Job Summary:
Manage all phases of the operation of an apartment community including, but not limited to, the general administration and maintenance; to direct and control all personnel and resources to the end that the community is maintained at all times in good physical condition with a stabilized fiscal operation according to Legacy standards and specific owner directives. Have complete and full responsibility for property P&L. Perform work of subordinates as needed. This is a full-time, on-site position reporting to the Regional Property Manager. The schedule is Monday through Friday and requires availability for on-call emergencies. Team Management- Hire, train, supervise, and evaluate employees. Conduct performance reviews, set goals, and manage schedules. Operations & Compliance
- Ensure adherence to company policies, fair housing laws, rent collection, leasing, and property maintenance. Financial Oversight
- Manage property budget, expenses, payroll, and leasing performance. Monitor collections and approve financial reports. Marketing & Leasing
- Work with the Marketing Department to maximize occupancy through advertising, outreach, and social media management. Resident & Owner Relations
- Address resident concerns, oversee move-ins/move-outs, and maintain high customer satisfaction. Safety & Inspections
- Conduct regular property inspections and safety meetings to ensure compliance with company and owner standards. Reporting & Performance Tracking
- Prepare reports on budgets, occupancy, market trends, and operational performance.
Additional Compensation:
Many factors go into determining employee pay within the posted range, including business requirements, prior experience, current skills, and geographical location. In addition to the base salary, this role may be eligible to participate in a bi-weekly, monthly, quarterly, or annual bonus program based on individual and company performance. ________________________________________________________________________________________________________________________________________________________ Summary of Benefits- : Comprehensive Health Coverage—Medical, dental, vision, long-term disability, group life, and accidental death and dismemberment insurance. A Health Savings Account (HSA) with employer match is available for those enrolled in medical coverage. Benefits are offered for employees with a regular work schedule of 30+ hours per week. Paid Sick Leave
- 1 hour accrued per 30 hours worked (max 120 hours). Vacation Time
- Accrued based on hours worked (up to 120 hours in the first five years), with additional accrual over time. 10 Paid Holidays Per Year Paid Jury Duty & Bereavement Leave 401(k) with Company Match
- Eligible after 90 days of employment with employer contribution. Special Perks & Recognition
- Anniversary rewards and sail-away days.