The role of a Property Manager

Property management is a very diverse, challenging and interesting career. No two days are ever the same. What property managers do is mind boggling to some but to many of us it is ‘all in a day’s work’. Property management is really about People Management.

All property managers must remember that ‘nothing is your problem’ (so to speak) and in the great game that is property management, your key role is the following

·        Maximise your lessor’s income and minimise their loss

·        Always act in the best interest (both ethically and legally) of your licensee and the lessor

·        Always remember your duty of care to the tenant

·        And remember; your main duty is the following

o   Educate your lessors and tenants to the best of your ability

o   Communicate with you lessor and tenants to the best of your ability;

o   Negotiate with your lessors and tenants to the best of your ability.

Knowledge is power and continual self and professional development is part of the key to successful property management.

I hope that you and your office gain great benefit from PME (should you choose to order) and I thank you for your valued business and support.

Stacey Holt – Author of PME http://www.realestateexcellence.com.au/information-pme-and-training/cat_view/84-pme 

Company Director – Real Estate Excellence Academy Pty Ltd