Key Responsibilities of a Property Manager:
The responsibilities of a Property Manager will vary depending on the nature of the company they are employed by, most notably varying between consultancy side and client-side roles. As Falmouth Fairfax is a predominately client-side focused recruiter, we will discuss the client-side Property Manager role profile in this information page.
Client-side property management roles often include some direct management but are usually focused on overseeing the day-to-day property management of an assigned portfolio of assets via a property management advisor (a property management team in a consultancy).
Typical role responsibilities include:
Property management across a designated portfolio of properties in a proactive manner with the aim of preserving and enhancing asset value.
Instruction and oversight of Managing Agents on a range of matters typically including:
Rent, service charge and insurance collection.
Preparation of annual service charge budgets, managing expenditure in line with the budget and providing annual reconciliation.
Tenant applications for sub-letting, assignment or alterations.
Processing maintenance, repairs and insurance events.
Ensuring compliance with the relevant health and safety legislation.
Regularly inspect the properties and meet tenants.
Provide regular reports and keep the Asset Managers informed of any property management issues.
Assist with the implementation of asset strategies in line with strategic investment objectives.
Identify opportunities to create additional asset value through inspections and communication with tenants and managing agents.
Maintain a diary of rent reviews, renewal and break notices using management software.
Maintain and engage with suppliers/contractors/facilities services, to ensure optimum value and transparency.
A property degree
Qualified Chartered Surveyor
Experience and skill base required in relation to service charge strategy and management, alteration approval, sustainability and property insurance.
Good understanding of leasing; rent reviews, renewals, dilapidations and refurbishment process.
Excellent customer facing skills.
The ability to appreciate the needs and opportunities within a portfolio and communicate this to the asset management team.
Some companies will seek Health and Safety management experience IOSH Managing Safely qualification, or similar.