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Establishes rental rate by surveying local rental rates
Attracts tenants by advertising vacancies; obtaining referrals from current tenants; explaining advantages of location and services; showing units.
Contracts with tenants by negotiating leases; collecting security deposit.
Accomplishes financial objectives by collecting rents; paying bills; forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective action.
Maintains property by investigating and resolving tenant complaints; enforcing rules of occupancy; inspecting vacant units and completing repairs; planning renovations; contracting with landscaping and snow removal services
Maintains building systems by contracting for maintenance services; supervising repairs.
Secures property by contracting with security patrol service; installing and maintaining security devices; establishing and enforcing precautionary policies and procedures; responding to emergencies.
Enforces occupancy policies and procedures by confronting violators.
Prepares reports by collecting, analyzing, and summarizing data and trends.
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Accomplishes organization goals by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
Property Manager Skills and Qualifications:
Motivation for Sales, Meeting Sales Goals, Negotiation, Selling to Customer Needs, Territory Management, Closing Skills, Prospecting Skills, Professionalism, Internal Communications
Essential Skills
- Document use
- Oral communication
- Problem solving
- Decision making
- Critical thinking
- Job task planning and organizing
- Computer use
Additional Skills
- Hire and supervise rental agents and building superintendents
- Hire and supervise support staff performing operational, clerical or maintenance duties
Specific Skills
- Prepare and administer contracts for property services, such as maintenance
- Negotiate or approve rental or lease of properties on behalf of property owner
- Monitor progress and cost of work for property owners
- Ensure response to trouble calls from clients or tenants
- Ensure terms of lease agreements are met
- Compile and maintain records on operating expenses and income
- Co-ordinate implementation of repairs, maintenance and renovation
Area Of Specialization
- Condominiums
- Apartments
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