Property Manager What They Do
Just the Facts
Plans, directs, and coordinates the buying, selling, leasing, or governance activities of commercial, industrial, or residential real estate properties.
This career is part of the Business, Management and Administration cluster Business Management pathway.
A person in this career:
- Manages and oversees operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Directs collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Plans, schedules, and coordinates general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Inspects grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- Acts as liaisons between on-site managers or tenants and owners.
- Meets with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
- Markets vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Prepares detailed budgets and financial reports for properties.
- Maintains records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Directs and coordinates the activities of staff and contract personnel and evaluates their performance.
Dig into the details and check
out what people in this job
have to say about their work.
Working Conditions and Physical Demands
People who do this job report that:
- You would often handle loads up to 10 lbs., sometimes up to 20 lbs. You might do a lot of walking or standing, or you might sit but use your arms and legs to control machines, equipment or tools.
- Work in this occupation requires being inside most of the time
- Work in this occupation requires being outside most of the time
- Work in this occupation involves sitting more than one-third of the time
Working in this career involves (physical activities):
- Seeing clearly up close
- Speaking clearly enough to be able to be understood by others
- Identifying and understanding the speech of another person
Work Hours and Travel
- Irregular hours
- Overnight travel
- Weekend work
Specialty and Similar Careers
Careers that are more detailed or close to this career:
- Asset Manager -- Oversees assets that are owned, leased and subleased by an organization, working to increase revenue and asset values.
- Condominium Association Manager -- Responsible for handling the financial affairs of the property, overseeing maintenance, dealing with residents and hiring office staff to help with the work.
- Facilities Manager -- Responsible for the management of services and processes that support the core business of an organization, with a focus on using best business practice to improve efficiency, by reducing operating costs while increasing productivity.
- Land Acquisition Manager --