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Regional Manager, Property Management - South Bay Area
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
- Roseville, Sacramento and Bay Area Portfolio Reports to:
Senior Regional Manager/VP, Property Management Supervisory Responsibilities:
Yes Job Classification:
Regular, Full Time, Exempt Description:
The Regional Manager, Property Management oversees a portfolio of USA communities which could consist of family, senior, conventional and/or affordable designated by their supervisors. The anticipated portfolio will consist of a minimum 5 properties and approximately 835 units. The portfolio includes locations in San Jose, Santa Clara, Marina, and Morgan Hill. Additional properties will be added in Fremont once construction is complete next year that will increase total unit count to 1,100 unit. Candidates must be based in or near portfolio. The Regional Manager, Property Management will make decisions in order to achieve the overall objectives of each community. Hire, train, lead, and motivate a team of district and community managers. Use strong communication, organizational, and Interpersonal skills. Detail oriented and flexible to be able to work individually or in a team environment.Essential Duties and Responsibilities:
The duties listed below are intended only as illustrations of the various types of work that could be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to this position. Supervise all employees within assigned portfolio to ensure they are following company policies and procedures. Monitor marketing needs and make recommendations to improve marketing activity, review occupancy status and maximize rent schedules. Review and approves expenditures within specified budgetary guidelines. Resolve resident relation issues. Complete performance evaluations on supervised employees Review/audit property administrative, accounting, and maintenance areas to ensure compliance with established policies and procedures. Review and approve all timecards and time off requests. Preparation of annual operating budgets. Complete required quarterly lender and regional reports. Responsible for the mentoring and counseling of each supervised employee. Coordinate a successful communication system with community managers and corporate team. Review and approve expenditures within budget and negotiate and evaluate contracts. Approve and be involved in all on-site personnel hires, status changes, and terminations. Monitor, support, and suggest marketing improvements and review and suggest rent increases. Conduct quarterly regional inspections/audits to ensure all properties properly maintain all processes and procedures Conduct consistent support site visits to ensure that the team and business are running efficiently and effectively.Compensation:
Depending on experience, $115,000- $140,000/annually plus bonus
REQUIRED SKILLS, QUALIFICATIONS AND ABILITIES
Education/Experience:
Bachelor's degree or job experience may substitute for degree. Leadership Experience A minimum of 2 years' experience as a Regional Property Supervisor. Knowledge of Section 42 Tax Credit Program, HUD, RHCP and local city and state programs 3 years' experience managing/supervising multiple properties. Must be comfortable with regular travel to the Bay Area.Skills:
Problem solving- must be able to identify and resolve problems in a time manner. Customer service
- respond promptly to resident/customer needs. Oral communication
- speak clearly and professionally in positive and negative situations. Written communication
- writes clearly and informatively. Teamwork
- gives and welcomes feedback. Contributes to building a positive team spirit; supports everyone's efforts to succeed. Managing people
- be able to effectively and manage individuals in order to encourage growth and success. Organizational support
- follows company's policies and procedures; completes administrative tasks correctly and on time; supports organization's goals and values.