Property management is the oversight of residential, industrial, or other commercial real estate. Property management is comparable to the oversight post within most any other business. One important duty of a property manager is that of intermediary between the property owner or the management agency functioning at the proprietor’s behest. Property management relations with tenants provides a face to the owner, and also renders a barrier for those property owners needing to remove themselves from their renters.
Property managers like Andrew Bradfield could oversee construction, development, mend and upkeep on a property. Duties of a property manager comprise receiving rent payments, responding to and dealing with maintenance issues, advertising properties for lease for owners, and doing credit and background checks on potential occupants. As payment for the service provided, property management invoice proprietors a percentage of the rent taken in each month.
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