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Commercial Property Manager
Career Insights for Property Manager
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Scorecard
Based on Florida 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.
$71,656 / year median in Florida
+15% projected growth
Job Description
- Proactively manage rent collection and other tenant charges in accordance with lease terms; report accounts receivable status and recommend appropriate action.
- Drive tenant retention through proactive tenant relations, consistent communication, and effective resolution of concerns.
- Prepare and deliver accurate annual operating budgets and monitor expenses
- Review and approve accounting lease setups, amendments, and changes.
- Meet regularly with the Senior Property Manager to provide updates on building operations, tenant matters, and outstanding issues.
- Coordinate tenants move-ins and move-outs, including walkthroughs; ensure all move-in/ out activities are properly documented and communicated, and follow up to support a smooth transition.
- Oversee vendor performance to ensure services are delivered in compliance with company policies, procedures, regulations, and contractual obligations.
- Review, approve, and process vendor invoices and related accounting activities.
- Ensure all Tenant and Vendor insurance certificates remain current and compliant.
- Ensure weekly inspections are completed; recommend and approve maintenance, repairs, and capital improvements; contract for and coordinate vendors.
- Coordinate emergency preparedness and response planning in collaboration with the Senior Property Manager; document plans, confirm readiness, and report on resources, supplies, and recovery preparations.
- Maintain vacant spaces in "tour-ready" condition, ensuring cleanliness, working building systems (lights, plumbing, garage doors, etc.), and presentation.
- Collaborate with leasing agents to support leasing efforts as needed.
- Perform other duties as assigned.