On this site, we are committed to bringing you the latest industry news, tips and hints. Whether you have been a professional Property Manager for years or you are new to the business, there will be something for you here.
What is Property Management? This important career deals with the function, organization, and supervision of real estate. Much like any business, Property Management indicates a need to care for, monitor and be accountable for the useful life and condition of the property.
The role of Property Manager is a very vital one. There are specific laws and regulations that must be followed to remain in compliance with your territory or Province. The main purpose of a Property Manager is to act as the relationship manager between the owner of the property and the tenant who is or will be renting the property. The Property Manager provides a barrier for real estate owners who desire to distance themselves from their tenant community.
The duties included in property management can vary depending on the property owner and the area in which you are managing property. In general, however, some of the basic tasks a Property Manager will perform are to test and screen potential applicants for real estate properties. This may include such things as performing credit checks on the applicants, testing their income and ability to pay the rents and verifying their previous rental history. Property Managers also handle requests for maintenance on the property as well as arrange for maintenance to be performed by workers and contractors.
Learning about Property Management will allow you to gain knowledge in many very useful areas. Customer service is key for a Property Manager. You will learn all about providing good customer service which is a skill that can carry over to other parts of your personal and professional life as well. You will learn about being a leasing agent. Learn how to help others understand lease agreements, their rights and other important facts. Other exciting areas of study include Maintenance, Marketing and Advertising, Eviction, and other useful tasks and topics.
You may be asking yourself, ‘Why would I want to become a Property Manager?’ That is a question many others have asked themselves. Property Management is a very rewarding career that allows you to keep in touch with the community, help people find the homes they are looking for and help a property owner get some peace of mind at the same time. Many property owners find renting and maintaining a property very stressful. If you are a people person who enjoys using good customer service skills as well as marketing and sound business skills, then Property Management is for you.
Learning to be a Property Manager will give you the skills and confidence to allow you to provide excellent service to home owners and tenants alike. A good Property Manager keeps up to date with the latest news and information for their field and this website is an excellent source for this type of information.