Property Manager Job Description, Duties, and Responsibilities

By | November 13, 2016
Property manager job description, duties, tasks, and responsibilities

Property managers should have deep knowledge of current property and housing laws to be effective in carrying out their responsibilities.

Property Manager Job Description Example

What Does a Property Manager Do?

Property managers are responsible for supervising, controlling, and planning the day-to-day activities in an industrial, residential, or commercial property.

Their job description involves overseeing the maintenance and upkeep of property facilities and surroundings.

In performing their duties, property managers are hired by property owners to oversee the smooth running of a commercial or residential property.

They design and implement management strategies effective in meeting the needs and requirements of a client.

As part of their roles, property managers carry out the marketing and advertising of vacancies on a property in order to attract tenants.

They usually conduct screening of prospective tenants’ applications to determine individuals best suited for a property.

They are also in charge of fixing appropriate rental rate, collecting rents from tenants, and adjusting rates when necessary.

They are responsible for the regular maintenance and repairs of property facilities to ensure the utility needs of tenants/occupants are met.

They carry out various financial obligations such as making payment for bills, preparing budget, compiling expenditures, and analyzing financial records.

They are also in charge of the hiring and training of property maintenance staff/contractors.

Property managers ensure the security of a property by contracting a security outfit to monitor property activities and implement precautionary measures.

They set and enforce tenant occupancy policies and regulations to ensure orderliness within a property.

They are also responsible for handling tenant eviction or vacation and ensuring occupied unit is in good condition.

Property managers maintain a thorough knowledge of housing laws and employ this knowledge in performing their work description excellently.

They oversee the filing of property taxes and may furnish property owners with knowledge on how to properly file taxes for a property.

They also maintain proper records of property revenue, expenditure, and insurance useful for reference purposes.

Property managers as part of their job responsibilities participate in educational programs and conferences to improve on existing job knowledge.

They conduct contract/price negotiations with contractors to reach a fair bargain suitable for an owner.

They also seek out new clients to offer them proposals and increase business opportunities.

The property manager job basically requires a Bachelor’s degree in disciplines such as business administration, finance, and real estate, or in other related fields.

To be effective in this job, the qualities you will need include negotiation, organizational, and communication skills.

Property Manager Job Description Example/Template

If you are interested in the job of a property manager, the following job description example shows the major tasks, duties, and responsibilities you should expect to carry out:

  • Oversee the smooth running of activities on a commercial or residential property
  • Design and implement management strategies necessary for meeting the needs and requirements of a client
  • Carry out the marketing and advertising of property vacancies to attract tenants
  • Conduct screening of potential tenants to determine individuals best suited for a property
  • Responsible for fixing appropriate rental rate, collecting tenant rents, and adjusting rental rates when necessary
  • Oversee the regular maintenance and repair of facilities to ensure utility needs of tenants are met
  • Carry out various financial obligations, such as payment of bills, budget preparation, compiling of expenditures, and analysis of financial records
  • Oversee the hiring and training of maintenance staff/contractors
  • Contract a security outfit to monitor property activities and implement precautionary measures
  • Set and enforce occupancy policies and regulations necessary to maintain order within property premises
  • Handle the vacation or eviction of a tenant as well as carry out inspection of tenant apartment prior to vacation to verify its condition
  • Maintain a thorough knowledge of property and housing laws and employ this knowledge in performing job duties
  • Supervise the filing of property taxes and may also educate owners on tax filing
  • Keep accurate records of property revenue, expenditure, and insurance
  • Take part in educational programs and conferences to improve on existing job knowledge and increase personal network.

Property Manager Resume Preparation

The job of a property manager is one that requires experience. Therefore, if you are making a resume for it, you will need to include the work experience section for it to appeal to employers.

To help you to adequately highlight your experience working as a property manager in your resume, the sample job description provided above is useful.

The functions of a property manager that it contains are suitable for stating the duties and responsibilities you carried out on the job if you have worked before in that role.

Requirements – Skills, Abilities and Knowledge -for Property Manager Role

To find the best suited candidates for the property manager role, most employers will usually set the following requirements to screen applicants for the job:

  • Education and Training: To become a property manager, you require at least a high school diploma or more, preferably a Bachelor’s degree in disciplines such as finance, business administration, and real estate, or in similar fields. Experience in the field of real estate management or sales will increase job prospects
  • Negotiation Skills: Property managers are skilled in conducting contract negotiations with contractors and potential tenants
  • Organizational Skills: Property managers are able to manage the affairs of tenants, payment of bills, and monitor of property activities to mention but a few. They require strong organizational skills to juggle these tasks
  • Communication Skills: Property managers are adept at interacting with potential tenants, contractors, and building owners to effectively run a property.

Property Manager Skills for Resume

Employers are generally also interested in seeing the skills and qualities you are bringing to your work if hired in your resume.

To make the skills section of your resume captivating to hirers, you may seek to have and highlight the above qualities that employers mostly require in your resume.

This will more likely get employers to be interested in your resume as it tells them you have the right skills to be effective as a property manager if hired.

Conclusion

The property manager job description provided above shows the kind of duties, tasks, and responsibilities you should be prepared for if you are applying to work in that role.

And for employers, the sample property manager job description also provided above can be applied as a template to guide you in creating a work description for recruiting a good manager for your property department and assigning tasks to them.

Did this post help you to know what duties and responsibilities property managers perform? Do give your view about this post, or share your experience working as a property manager in the box below.