Property management is focused on the day-to-day management of properties. A Property Manager is tasked with the management of a designated pool of assets. They will be accountable for the day-to-day management of all operational elements of an asset.
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.
Candidate Requirements:
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.
Remuneration:
Property Management packages vary but will typically have some benefits attached to them as well as an annual discretionary bonus. Broad client-side property management salary ranges are detailed below:
Role Seniority
Average Salary
Property Manager
£45,000 - £55,000
Mid-level Property Manager
£55,000 - £65,000
Senior Property Manager
£70,000 - £85,000
"Lucy and Falmouth Fairfax were a pleasure to work with, they provided a seamless and professional service in me being placed in a great job. Lucy was able to guide me through the whole process in providing great support in me being successful in getting a role that I feel is the right fit. I'm incredibly grateful for their help."
Anon
Candidate
"Falmouth Fairfax provide an excellent and professional service at every stage, with great, consistent communication throughout the process."
Thomas. C
Candidate
"Truly can't think of any improvements to my experience with Lucy - she has been one of the most attentive, thoughtful, responsive, and reliable recruiters I have worked with. From the outset, she provided detailed, well-considered guidance throughout every stage of the process and demonstrated a genuine understanding of the needs and priorities of all parties involved.Her communication, professionalism, and level of engagement consistently stood out, and she made the entire process feel both seamless and highly personalised.I would not hesitate to recommend Lucy and the team at Falmouth Fairfax."
Julia. M
Candidate
"Lucy was extremely responsive and diligent. A pleasure to work with, I would highly recommend working with Lucy."
Daniel.T
Candidate
"Lucy was delightful to work with. Fully transparent from day one and both very engaging and approachable. One thing I really appreciate about her and the rest of the Falmouth team is that they really took the time to understand my skillset and worked with me on the basis of my ambitions and capabilities rather than just attempting to silo me into a duplicate role as so many other recruiters do. If I were ever to move again Falmouth Fairfax would absolutely be my first port of call."
George
Candidate
"Having spoken with a number of recruiters during my job search, John was certainly the most knowledgeable about the surveying industry and was able to properly advise on the job spec’s role and responsibility. My experience with others was that this wasn’t always the case. John was readily available on the phone when needed and never pushed unsuitable opportunities onto me."
