Duties Involved in Apartment Property Management

Many apartment buildings are managed by a designated manager, who is responsible for the day-to-day running of the apartment and is often the first port of call should you happen to be experiencing an issue of some description.

However, their job descriptions extends far beyond simply handling the tenants of the building. The following are just a few of the tasks that an apartment property manager will be required to handle.

Mediation

It is not uncommon for disputes to arise between different members of the apartment complex and it often falls down to the apartment manager to mediate the discussions and attempt to find a resolution that is suitable for everyone.

In some cases this may be fairly simple, such as when one tenant is being too noisy and thus disturbing the peace. However, other disputes can be much more complication so the manager must know how to handle such issues peacefully and to the benefit of both the building and its tenants.

Maintenance

The apartment manager is directly responsible for any maintenance issues in the building. While the work itself may be carried out by a janitor or other contractors, it is the manager that has the responsibility to ensure that everything is running as it should be. They will also need to be able to determine if any reported issues can be handled internally, or if somebody needs to be called in to help.

As such, they must make themselves available to the tenants so that they can report any issues, in addition to maintaining relationships with contractors and other personnel who will be able to come out and rectify the issue at a reasonable price.

Collecting Rent

In most cases the rent payments are made directly to the building’s owners or through an agent acting on their behalf. However, if a payment is overdue for whatever reason it will often be the building’s manager that needs to speak to the tenant in question and arrange for the payment to be made.

Much like with mediation, this often requires a delicate touch. However, the apartment manager must also have the authority to act if the tenant is refusing to pay and must also know how to best make use of this power to ensure that they get what they need from the tenant without disrupting the lives of other occupants of the building.

Signing Leases

In some cases, though not all, the apartment manager will also be responsible for signing leases and showing prospective tenants around the building. This means that they need to know their building inside and out so that they can ensure they provide accurate information while also keeping the best interests of the building owners in mind.

>A solid mind for marketing helps here, as it can be used to accentuate the positives of the building while downplaying some of the negatives. In short, they will need to be able to sell the building to the tenant and convince them that it is a place that is worthy of being called their home.