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Area Property Manager
Career Insights for Property Manager
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Scorecard
Based on Minnesota 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.
$70,689 / year median in Minnesota
+10% projected growth
Job Description
Schedule:
Monday Friday, 8: 00 AM 4: 30 PM, with occasional work outside of standard business hours as required by business needsEmployee Benefits Paid Time Off:
15 days of PTO, 9 paid holidays, and 2 floating holidaysRetirement & Insurance:
401(k) with company matching, medical, dental, vision, life, and disability insuranceAdditional Benefits:
Supplemental compensation opportunities, referral bonuses, professional development programs, and career advancement supportAnnual Clothing Allowance:
$200 per year to be used at the Velair Clothing Store during the designated shopping periodCell Phone Reimbursement:
Velair provides associates $60 per month for the business use of their smartphone Essential Duties and Key Responsibilities Supervise, mentor, and support team members within assigned portfolio to ensure strong operational performance and team developmentDrive financial performance through budget management, rent collection, and expense controlImplement marketing and leasing strategies to maximize occupancy and minimize vacancy lossConduct regular property inspections to ensure curb appeal, safety, and compliance standards are metEnsure compliance with Fair Housing laws and all applicable federal, state, and local regulationsOversee accuracy of property data and reporting within systems such as Yardi, Rent Caf, and moreLead onboarding, training, and ongoing development of on-site team members within assigned portfolioMonitor work order completion and maintenance performance to ensure timely service deliveryAddress escalated resident concerns and operational challenges with professionalism and urgencyConduct regular performance check-ins and meetings with team members in assigned portfolio to review KPIs and goalsAct as a point of contact for emergency situations and ensure timely and effective resolutionPerform other duties as assignedBenefits
- Paid Time Off (PTO)
- Floating Holidays
- 401(k) Plans
- Professional Development