Property management is the operation of residential, industrial, or other commercial real estate. This is comparable to the operations job for most other industry. One primary duty of property management is that of middleman between the landlord or the management company working at the landlord’s behest. Property management relations with occupants provides a face to the proprietor, and also furnishes a shield for those landlords needing to dissociate themselves from their occupants.
Property managers like Andrew Bradfield could supervise building, renovation, mend and upkeep on a property. Functions of a property manager include accepting rent payments, responding to and addressing repair issues, advertising vacancies for proprietors, and performing credit and criminal background checks on potential lessees. As payment for the services provided, property management bill lessors a percentage of the gross rent collected each month.
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