Property management is the administration of residential, industrial, or other commercial real estate. This is much like to the operations role for most other venture. One significant role of a property manager is that of liaison between the proprietor or the management company operating at the property owner’s behest. Property manager relations with lessees provides a face to the lessor, and also extends a buffer for those property owners needing to distance themselves from their tenants.
Property managers like Andrew Bradfield might run construction, enhancement, repair and maintenance on a property. The jobs of property management include taking rent payments, responding to and addressing maintenance issues, posting vacancies for lessors, and doing credit worthiness and background checks on prospective renters. As payment for the services provided, property management companies bill property owners a percentage of the rent collected each and every month.
{ 0 comments… add one now }