Property management is the supervision of residential, industrial, or other commercial real estate. This is similar to the operations post for many other enterprise. A principle function of a property manager is that of middleman in between the landlord or the management company working at the owner’s behest. Property manager relations with tenants gives a face to the property owner, and also extends a buffer for those property owners preferring to distance themselves from their tenants.
Property managers like Andrew Bradfield may oversee construction, enhancement, repair and upkeep on a property. Roles of property management cover accepting rent, responding to and dealing with maintenance and repair issues, posting vacancies for lessors, and performing credit and criminal background checks on prospective lessees. In exchange for the services provided, property managers bill owners a percentage of the rent collected every month.
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