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Property Manager
Career Insights for Property Manager
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Scorecard
Based on Virginia 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.
$75,488 / year median in Virginia
+7% projected growth
Job Description
JOB TITLE
Property Manager HOURS:
Mon-Fri, 9a-5p, weekends as needed and On-call shifts are requiredPAY RANGE
$60,000 - $65,000 JOBDESCRIPTION
The Property Manager plays a key role in bringing the community's business plan to life, ensuring that our shared space is not only well-maintained but also thriving financially. Taking charge of the day-to-day operations, the Property Manager is dedicated to enhancing the overall satisfaction of both residents and the community. With a focus on understanding and analyzing community metrics, the Property Manager works diligently to ensure everything runs smoothly and that our community remains profitable.ESSENTIAL JOB FUNCTIONS
Providing exceptional customer service for our current and future residents. Represent the company with professionalism and kindness. Create and implement leasing strategies that attract potential residents and help us reach our occupancy goals. Recruit, hire, and mentor our onsite team members, cultivating an environment that encourages career growth and new opportunities. Conduct performance reviews, offer constructive feedback, and support initiatives for professional development. Develop and oversee our annual operating budgets, including operating expenses, capital expenditures, and revenue projections that support our business plan. Prepare weekly and monthly reports covering various topics such as petty cash variance, leasing, renewals, financials, market analysis, and bi-weekly payroll. Analyze financial performance and seasonal trends to pinpoint areas for improvement and implement effective solutions as necessary. Complete all necessary NRHA initial and re-certification paperwork. Coordinate maintenance and repair activities, including preventive maintenance programs, emergency repairs, and capital improvement projects. Perform regular property inspections to spot maintenance issues, safety hazards, and areas for enhancement. Monitor resident satisfaction through in-person interactions or follow-up calls to ensure a wonderful living experience. Stay informed about industry trends, market conditions, and legal requirements. Implement risk management strategies. Supervise and manage all administrative duties in line with company policy. Be prepared to travel by car and airplane for training; travel may also be necessary for acquisitions or other business-related tasks. Additional duties may be assigned.Job Type:
Full-time Pay:
$60,000.00 - $65,000.00 per yearBenefits:
401(k) Dental insurance Employee discount Health insurance Life insurance Paid time off Vision insuranceWork Location:
In personBenefits
- Paid Time Off (PTO)
- 401(k) Plans
- Professional Development
- Health Insurance