Property management is the oversight of residential, industrial, or other commercial property. Property management is similar to the administration position for most other industry. One valuable duty of property management is that of liaison between the proprietor or the management company acting at the lessor’s behest. Property manager relations with occupants provides a face to the property owner, and extends a shield for those property owners needing to dissociate themselves from their renters.
Property managers like Andrew Bradfield may run construction, development, repair and upkeep on a property. Functions of a property manager cover taking rent, responding to and dealing with maintenance issues, posting vacancies for landlords, and executing credit and criminal background checks on prospective renters. As payment for the service provided, property management companies invoice proprietors a portion of the rent collected each and every month.
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