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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
Duties & Responsibilities:
Marketing & Leasing- Enforce resident screening guidelines and ensure compliance with such from all applicants
- Manage social networking websites
- Identify appropriate advertising resources
- Create and implement a marketing plan
- Complete monthly marketing survey
- Ensure compliance with fair housing laws
- Review and approve all applicant files
- Enact and enforce lease renewal policy
- Create effective resident retention programs
- Provide for resident services including the follow up on 100% of resident maintenance service requests, responding to resident complaints, concerns, etc., planning of resident activities, and providing for exceptional resident communication
- Supervise apartment turnover process (including move-in/out inspections, processing applications, and monitoring unit "make-ready" requirements).
- Present a professional and clean appearance in the office at all times Personnel
- Responsible for assisting with employee selection when hiring, employee training and employee evaluations
- Lead and supervise leasing team and coordinate with maintenance personnel
- Approve and submit weekly time sheets inclusive of overtime logs
- Motivate team
- Manage contractors that have been engaged for services
- Ensure observance of safety regulations Financial
- Charge and collect rents and other fees in accordance with lease agreements
- Follow procedures outlined in lease agreement for late rent collections
- Maximize rental revenue by maintaining high occupancy and reduction of vacancy loss
- Recommend changes to rents and fees in accordance with market changes Safety
- Participate in and engage team in Company safety program
- Ensure compliance with all safety rules and regulations
- Provide quality judgment to reduce legal, liability, physical, and safety risks.