Resident Management
Residential Property Manager Job Description
| 1 min. read

Job Summary

Residential property managers help investment property owners and homeowners in preserving and increasing the value of their real estate investments. They manage the day-to-day financial operations of the property, including finding and placing qualified tenants, and they ensure the property is in good working order.

Principal Duties

Marketing - keeps properties occupied with qualified tenants through advertising, lead follow up, property showings for prospective tenants.

Tenant Relations - develops rental agreements, selects qualified tenants, collects deposits and rents, enforces terms of rental agreements, resolves tenant complaints, oversees eviction proceedings if necessary.

Facilities Management - schedules maintenance and repairs, negotiates contracts with vendors, regularly inspects property to ensure it is in good working order, quickly resolves emergency maintenance issues.

Financial Reporting - keeps financial records from property operations, creates monthly financial reports for property owner.

Owner Relations - keeps open dialogue with property owner on vacancies, tenants, physical condition of property, financial issues.

Knowledge & Skills Needed

  • Familiar with applicable local, state, and federal laws and regulations
  • Strong interpersonal & business communication skills
  • High level of organization and attention to detail
  • Competence with office management software
  • Knowledge of financial reporting
  • Licensed Real Estate Broker (in most states)

Salary Range

$35,000 - $65,000 depending on experience and location.

APM Admin
Find Property Managers Near You
Select Property Type
  • HOME / CONDO
    • Single Home or Condo (Valued up to $300K)
    • Single Home or Condo ($300K to $500K)
    • Single Home or Condo ($500K to $1 Million)
    • Single Home or Condo (Over $1 Million)
  • APARTMENT
    • Multi-Family (2-4 units)
    • Multi-Family (5-19 units)
    • Multi-Family (20-99 units)
    • Multi-Family (100+ units)
  • HOA
    • Homeowners Association (2-49 units)
    • Homeowners Association (50-99 units)
    • Homeowners Association (100+ units)
  • COA
    • Condominium Association (2-49 units)
    • Condominium Association (50-99 units)
    • Condominium Association (100+ units)
  • COMMERCIAL
    • Retail (Up to 9,999 sqft)
    • Retail (10,000 - 100,000 sqft)
    • Retail (100,000+ sqft)
    • Office (Up to 9,999 sqft)
    • Office (10,000 - 100,000 sqft)
    • Office (100,000+ sqft)
    • Warehouse/Distribution (Up to 100,000 sqft)
    • Warehouse/Distribution (100,000+ sqft)
    • Light Manufacturing (Up to 100,000 sqft)
    • Light Manufacturing (100,000+ sqft)
    • Parking Garage
    • Biotech/Mission-Critical
  • SHORT-TERM
    • Vacation (1-2 units)
    • Vacation (3+ units)
  • OTHER
    • Other Associations (Hotel, Resort etc.)
    • Mobile Home Community