Key responsibilities include:
Maintain property rentals by marketing vacancies, screening applicants, negotiating and enforcing lease agreements, and ensuring the security and upkeep of the premises.
Establish rental rates by surveying local rental markets and calculating overhead costs, property taxes, depreciation, and expected profit margins.
Advertise available units to attract quality tenants through digital platforms, print media, referrals, and community engagement; highlight the property’s location and amenities.
Negotiate and secure leases with prospective tenants; collect necessary documentation and deposits, and execute contracts in compliance with applicable laws.
Collect monthly rent, monitor account delinquencies, prepare and manage annual budgets, control expenditures, and analyze financial variances.
Ensure property maintenance by addressing tenant concerns promptly, conducting routine inspections, coordinating repairs and renovations, and contracting third-party services such as landscaping and snow removal.
Enhance property security by engaging security services, installing and maintaining surveillance equipment, enforcing safety protocols, and responding to emergencies swiftly.
Enforce occupancy policies by clearly communicating community rules, addressing violations diplomatically but firmly, and maintaining a respectful and safe environment.
Prepare detailed financial and operational reports, summarizing income, expenses, leasing activity, maintenance projects, and occupancy trends for senior management or property owners.
Contribute to company goals by embracing new responsibilities, identifying value-adding opportunities, and driving initiatives that improve tenant satisfaction, retention, and property performance.