A property manager is a person or company charged with managing a residential real estate property, with the consent of the property owner. Property managers are in charge of taking care of tenants, collecting rents, keeping the property clean and making repairs among other duties.
Handle Finances: They also handle many financial responsibilities of the owner as well, such as keeping track of taxes. This lets the tenant know that he/she is being taken care of, that certain arrangements are being made regarding his rent, etc. Thus, this particular role makes property managers responsible for the landlords’ reputations as well.
Solve Everyday Issues: A good property manager should be able to foresee the problems that may arise and how to solve them beforehand. For example, if a tenant suddenly moves out and rents another place, the property manager should be able to prevent problems by calling the tenant in a timely manner and offering to resolve the problem. On the other hand, he/she should also try to minimize problems by avoiding causes of inconvenience which may lead to disputes and altercations between the tenants and the property owners. These are the main factors that make up a good property manager.
Maintain Records: Airbnb property manager is often called upon to maintain records of the tenants, make necessary repairs, and organize routine maintenance tasks. They must also be involved in planning and executing the real estate management strategies such as marketing, advertising and promotional campaigns
Maintain Inventory (if any): One of the main responsibilities of the property manager is maintaining an inventory of all the property’s contents. All these records and tasks are part of the core responsibility of the real property manager and are oftentimes carried out by leasing agents.
Take Care of Personal Needs: In addition, property managers usually supervise the cleaning of tenants’ properties and take care of their personal needs such asarranging for deposits and payments, dealing with overdue billsand organizing maintenance activities.
Supervising: A property manager’s responsibilities include supervising all the repair and maintenance work on the property, provide Airbnb host management service, inspecting the contents of rental units and collecting rents.
Working with More Property Managers: Community managers are the ones who work in close association with other property managers. They work together to coordinate all the tenants’ property management needs and demands, including marketing strategies, advertising, managing vacancies and scheduling all the maintenance and repair tasks.