In case you are in the lookout for a new career, being a property manager is a viable opportunity, or if you are a real estate investor looking for a professional to help you in managing your properties, a property manager is also what you need.
So, if you are thinking of becoming one, knowing the duties and responsibilities of a property manager would be able to help you land a job on a prestigious property management company or if you are thinking of hiring one, you would know what to expect from them and you would know whether they are doing their duties and responsibilities.
A property manager collects the rent from your tenants
Collecting rents is the number one responsibility of a property manager. With the latest development in payment collection, you might think this duty is already irrelevant since most tenants would consider just paying online or would even just make their bank accounts automatically deduct the rent before its due.
But some tenants could be difficult and would not try to wiggle out of paying for rent. This is where property managers who could handle a sticky situation efficiently come in. Property managers for property management caboolture must be amiable since they are in customer service but still resolute enough to enforce their authority on tenants who could be problematic.
A property manager is in charge of maintenance
Another main responsibility of a property manager is taking care of the estate or the property. This includes preventive maintenance, care for all public and shared spaces, plumbing, electrical and other issues that the tenant might need resolving.
If a tenant calls or requested for maintenance, as long as it is covered by the tenancy agreement, the property manager needs to resolve it. The property manager is not the one who will fix the issue per se, they only need to call a contractor and supervise them while they are doing the work.
A property manager is also in charge of marketing
A good property manager is someone whose estate or property they are managing is always full of tenants. If your property always has vacancies, you must ask your property manager why is that. Perhaps, the tenants are always leaving because they don’t like the services they receive.
Or, it takes time for the property manager to respond to their maintenance requests, or the property needs upkeep but the property manager is not doing anything. There are a lot of reasons why a tenant would leave and if your property manager is not marketing your estate as a place that is nice to live in, they are not fulfilling one of their duties and responsibilities.
Keeping records and important documents related to your property and the tenants are also included in a property manager’s obligation. When looking for one, the best quality you could look for in a property manager is someone who would treat your estate as their own because by then you would be sure they would do everything they can to care for the property.