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Property Manager - Up to $85K+ Bonus Potential
Career Insights for Property Manager
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Scorecard
Based on New York 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.
$83,488 / year median in New York
+10% projected growth
Job Description
Principal Goals:
Implement, and coordinate competitive rental rates and effective rental practices in order to maximize property revenues. Ensure that all rents and other income are collected in a timely manner to minimize budgetary/administrative problems and to take appropriate action quickly if they are not. Comply with established management policies and procedures for maximum operational efficiency. Assist in the supervision of maintenance operations to ensure that internal and external property areas meet company safety and physical appearance standards. Coordinate and utilize all resources- human, financial, and material
- to ensure smooth and efficient property performance.
Duties and Responsibilities Revenue Generation and Administration:
Work to achieve the property's financial goals through:- Diligent collection of rents, security deposits, and other receipts (fees, assessments, service charges).
- Constant monitoring and analysis of market conditions
- Making timely bank deposits and maintaining accurate records of all revenue collected.
- Implementing and enforcing the management company's collection policies. Prepare and maintain careful records including:
- Preparation of financial and operations reports including weekly activity reports and daily traffic reports.
- Maintain complete and up-to-date records of the move-in and move-out conditions of apartments, the tenants who reside there, and their employment and banking information.
- Preparing, processing, and signing of rental agreements, addenda, and related documents.
- Timely processing of security deposit refunds and appropriate deductions. Assist in handling of legal and financial matters including:
- Building leases, rules & regulations.
- Building and fire safety codes
- Landlord-tenant law
- Fair Housing Laws and ADA Enhancement of the Property quality: Enhance the resident's experience of the property through:
- Careful resident qualifying and screening.
- Early action regarding lease renewals.
- Continually inspecting the property and improvements. Recording any deficiencies and taking action to improve the general appearance of the property.
- Fostering good resident relations by focusing on the complete resident move-in experience.
- Enhanced property curb appeal and proper maintenance.
Resident Safety:
- Ensure Residents are informed about safety, regulations, and property rules.
- Continually upgrade security and safety procedures.
- Report any accident, injury, or property damage immediately to the Regional Manager.
Customer Service:
- Attend to resident requests and/or emergency needs in a timely and cordial manner.
- Maintain good working relations and open communication with residents.
- Be professional and congenial.
Maintenance Operations:
Ensure the preservation and improvement of the quality and value of the property and attract and maintain residents through the proper use of Maintenance.- Becomes knowledgeable about the maintenance operations of his or her property.
- Knows where all of the emergency shut-offs are, where the meters are, etc.
- Timely ordering and establishment of inventory controls, insuring an adequate supply of parts to allow service requests to be fulfilled in a reasonable amount of time.
- Obtaining preliminary cost estimates for projects large enough to require bids from outside contractors. Coordinate the work of contractors and labor with the work of staff.
- Inspect grounds for cleanliness and property deterioration/damage.
Motivate and supervise maintenance personnel:
- All actions should be geared toward containing costs, increasing revenues, and enhancing the appeal and value of the asset.
Marketing and Promotion:
Utilize appropriate marketing resources, understand and act properly upon market conditions and competitive pricing. Maintain and operate the model, mini-model, and/or rental office to maximize marketing appeal. Use good salesmanship in leasing the units and qualify all prospects.Job Type:
Full-time Pay:
$75,000.00- $85,000.