A Property Manager in a company is responsible for overseeing and coordinating all activities related to the properties owned or leased by the company. Here is a summarized description of the role:
Key Responsibilities:
Property Management:
Overseeing all activities related to owned or leased properties.
Ensuring properties are properly maintained and undergo regular inspections.
Organizing and updating property-related contracts (e.g., lease, sale, or maintenance agreements).
Contract Negotiation:
Negotiating lease or purchase agreements with property owners or other companies.
Reviewing contract terms to ensure compliance with company policies.
Legal and Administrative Follow-up:
Ensuring all property transactions comply with local laws and regulations.
Handling legal matters such as licenses, taxes, and related permits.
Property Planning and Expansion:
Researching the real estate market and analyzing available opportunities for expanding the company’s property portfolio.
Providing recommendations to management on potential new properties for investment.
Coordination with Internal Teams:
Collaborating with other company teams (e.g., accounting, HR, maintenance) to ensure smooth operations.
Cost and Budget Management:
Monitoring and managing the property budget, including maintenance costs, rents, and invoices.
Providing regular reports to management regarding property performance in terms of revenue and expenses.
Market Analysis:
Conducting market research to identify trends and prices and providing strategic advice to management.
Tenant and Client Relations:
Resolving any disputes or issues related to properties.
Coordinating with tenants or clients regarding rental agreements or usage terms.
Required Skills:
Strong knowledge of the real estate market and local regulations.
Excellent negotiation skills and the ability to handle multiple stakeholders.
Ability to analyze financial data and prepare accurate reports.
Excellent communication and organizational skills.
Qualifications:
A bachelor’s degree in business administration, real estate, or a related field.
Practical experience in property management (prior experience preferred).
Proficiency in property management software and Microsoft Excel.
Personal Attributes:
Attention to detail and accuracy.
Strong decision-making and problem-solving abilities.
Ability to work under pressure and manage time effectively.