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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
ESSENTIAL DUTIES AND RESPONSIBILITIES
The Property Manager's duties and responsibilities may include, but are not limited to, the following:- Perform weekly, monthly, and quarterly QA inspections.
- Maintain building systems and supervise all repairs.
- Manage day-to-day operations of multiple units, including 24/7 emergency response.
- Assist the Leasing Representative with responsibilities to maintain high occupancy and retain existing tenants.
- Communicate effectively with tenants throughout their tenancy.
- Read and interpret legal documents and contract service agreements.
- Administer and coordinate collection procedures, collect rent, and follow up on delinquencies.
- Enforce the terms of rental agreements and building rules.
- Communicate technical and financial information effectively with maintenance staff, tenants, and upper management.
- Schedule and complete assigned projects.
- Manage and control operating expenses.
- Analyze monthly and annual budgets and explain variances.
- Participate in preparing annual operating budgets and maintain budgetary guidelines.
- Evaluate existing contracts and negotiate favorable pricing for new contracts.
- Complete incident reports as needed.
- Interview and hire site staff.
- Supervise and train all property site staff.
- Manage safety programs, including employee training in fire safety, general emergency procedures, and the use of emergency equipment.
- Maintain building security measures, ensuring proper incident documentation and notification to upper management and owners.