What is a Property Manager?
A property manager is a professional who is responsible for managing and overseeing the day-to-day operations of a real estate property on behalf of the property owner. The duties of a property manager can include tasks such as marketing and advertising the property, screening potential tenants, negotiating lease agreements, collecting rent payments, responding to tenant requests and complaints, scheduling and overseeing maintenance and repairs, and ensuring that the property is in compliance with all local and state regulations.
In addition to these tasks, property managers may also be responsible for managing the finances of the property, such as creating budgets and financial reports, handling taxes and insurance payments, and monitoring the overall financial performance of the property.
Property managers can work for a variety of different types of properties, including residential apartment complexes, commercial buildings, retail spaces, and industrial facilities. They may work for a real estate management company, or they may be employed directly by the property owner.