Management Services
Management Services
Property management involves overseeing real estate properties on behalf of the owner to ensure they are well-maintained, occupied, and financially profitable. The key duties of a property manager include:
1. Tenant Management
- Finding and screening tenants
- Handling lease agreements and renewals
- Addressing tenant concerns and disputes
- Collecting rent and enforcing lease terms
2. Property Maintenance & Repairs
- Coordinating routine maintenance and emergency repairs
- Ensuring compliance with building codes and safety regulations
- Managing relationships with contractors and service providers
3. Financial Management
- Setting and adjusting rental rates
- Preparing budgets and managing expenses
- Keeping financial records and generating reports
- Handling property taxes and insurance
4. Legal Compliance
- Ensuring adherence to landlord-tenant laws
- Managing eviction processes if necessary
- Addressing zoning and housing regulations
5. Marketing & Vacancy Management
- Advertising rental properties
- Conducting property showings
- Minimizing vacancy periods