Property management is the supervision of residential, industrial, or other commercial real estate. This is similar to the management task in most other business. One vital function of property management is that of liaison between the owner or the management agency operating at the property owner’s behest. Property management relations with tenants gives a face to the landlord, and affords a buffer for those landlords needing to distance themselves from their lessees.
Property managers like Andrew Bradfield could oversee building, renovation, mend and maintenance on a property. The jobs of a property manager comprise receiving rent payments, responding to and handling maintenance issues, posting properties for lease for proprietors, and performing credit worthiness and criminal background checks on prospective occupants. In exchange for the service provided, property management companies invoice landlords a percentage of the rent proceeds taken in each and every month.
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