Real Estate Property Managers

Marketing, Sales, and Service > Marketing Management

Projected Growth: Faster than average

31600+
Projected Job Openings

Considerable Preparation Needed

Job Description

Your job is to Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

Common job titles of Real Estate Property Managers include:
.

Experience and Education

A considerable amount of work-related skill, knowledge, or experience is needed for this occupation. For example, a person in this occupation must complete four years of college and work for several years in industry to be considered qualified.

  • 48% said they needed a Bachelor's Degree.

  • 12% said they needed a High School Diploma.

Tasks

    Direct and coordinate the activities of staff and contract personnel and evaluate their performance.

    Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.

    Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.

    Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.

    Act as liaisons between on-site managers or tenants and owners.

    Market vacant space to prospective tenants through leasing agents, advertising, or other methods.

    Clean common areas, change light bulbs, and make minor property repairs.

    Determine and certify the eligibility of prospective tenants, following government regulations.

    Purchase building and maintenance supplies, equipment, or furniture.

    Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.

    Confer regularly with community association members to ensure their needs are being met.

    Solicit and analyze bids from contractors for repairs, renovations, and maintenance.

    Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.

    Investigate complaints, disturbances and violations and resolve problems, following management rules and regulations.

    Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.

    Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.

    Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.

    Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.

    Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.

    Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.

    Review rents to ensure that they are in line with rental markets.

    Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.

    Prepare detailed budgets and financial reports for properties.

    Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.

    Contract with architectural firms to draw up detailed plans for new structures.

    Negotiate short- and long-term loans to finance construction and ownership of structures.

    Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.

Tools

Video surveillance cameras

Two way radios

Step ladders

Smartphones

Scanners

Photocopiers

Personal computers

All Tools

Multi-line telephone systems

Lenel Onguard

Laser facsimile machines

Laptop computers

Handheld calculators

Golf carts

Digital cameras

Desktop computers

Computer laser printers

10-key calculators

Technologies

Data entry software

Facebook

Google Analytics

Google Docs

Hypertext markup language HTML

Intuit QuickBooks

LinkedIn

All Technologies

Microsoft Dynamics

Yardi

YouTube

Advantos Systems DataTrust Enterprise

Biometric reader software

Bostonpost Technology Property Manager

Calendar and scheduling software

Card key management software

Domin-8 Enterprise Solutions RentRight

Domin-8 Enterprise Solutions Tenant Pro

FullHouse Software Investment Property Manager

IDEAS Software & Training IDEAS Property Clerk

Infor Global Solutions eSITE

Intuit MRI Residential

Intuit Quicken Rental Property Manager

iRealty Manager

Jenark Business Systems

Just So Software The Property Manager

LandlordMax

Landport Systems Landport

London Computer Systems Rent Manager

O’Brien Grasso RE Software Property Master

Property Boulevard

Property Solutions International ResidentPortal

PropertyThree

PropertyView Solutions Remanage

Propertyware

PT Software Solutions PT Rental Assistant

Qualitica RentBoss

RealEasyBooks ezREB

RealPage OneSite

SpiritWorks Software Development Rental Property Tracker Plus

Spreadsheet software

SS&C Technologies Skyline Property Management

TCG Technologies i-CAM

TrackPro Services TrackPro Manager

Turtle Creek Software Goldenseal

W G Software Tenant File

Yardi Systems Yardi Enterprise

Yardi Systems Yardi Voyager Commercial

Yardi Systems Yardi Voyager Condo, Co-op, and HOA

Yardi Systems Yardi Voyager Residential

Abilities

Listen to and understand information and ideas presented through spoken words and sentences.

Cognitive Abilities › Verbal Abilities › Oral Comprehension

Read and understand information and ideas presented in writing.

Cognitive Abilities › Verbal Abilities › Written Comprehension

Communicate information and ideas in speaking so others will understand.

Cognitive Abilities › Verbal Abilities › Oral Expression

See details at close range (within a few feet of the observer).

Sensory Abilities › Visual Abilities › Near Vision

TEST Your output This field is empty or does not exist This field is empty or does not exist

Occupation Sections

Knowledge

Administration and Management

Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

Economics and Accounting

Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

English Language

Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Clerical

Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.

Law and Government

Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Personnel and Human Resources

Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.

Public Safety and Security

Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.

Building and Construction

Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.

Computers and Electronics

Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Sales and Marketing

Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.

Real People, Real Stories


Would you look at that! Unfortunately, we don't seem to have any real life stories related to Real Estate Property Managers.

Perhaps you'd like to be the first? If so, let's talk about featuring your story!