Hiring a property manager is a major investment in real estate. You've decided it's time, and now you need the right person for the job. The key to finding that person starts with a solid job description.
In this article, we'll discuss what professional property managers do and what you need to include in a job description to hire one. Plus, we've got a free property manager job description template to make things easier.
What does a property manager do?
A property manager handles the day-to-day operations of a rental property. Many now rely on online real estate management software to streamline tasks and ensure everything runs smoothly, so you don't have to worry about the details.
Property manager responsibilities generally include:
- Collect rent and security deposits
- Send late rent notices and collect fees
- Coordinate maintenance and repairs
- Advertise properties to attract potential tenants
- Handle tenant complaints and disputes
- Ensure compliance with local property laws
- Conduct property inspections
- Manage screening tenants and lease agreements
What to include in a job description for a property manager?
A well-written job description for a property manager can save you time, money, and headaches by attracting the right candidates. Here’s what you should include:
- Job title and summary
- Property manager duties
- Required Qualifications
- Skills and competencies
- Work environment
- Salary and benefits
Where to post property manager jobs?
The right platform can make all the difference in finding a great property manager. Here are a few suggestions:
- Online job boards (e.g., Indeed, Glassdoor)
- Local classifieds (e.g., Craigslist)
- Social media platforms (e.g., LinkedIn, Facebook)
Save time and money managing rentals with Baselane
Most property managers take a chunk of the rent you collect each month, usually between 8% and 12%. This may not put a dent in profits for larger portfolios, but real estate investors with only a few properties generally feel the financial impact of property management fees.
If you fall into the latter group, you can save yourself some money without adding admin time using property management software. Baselane offers an all-in-one banking, bookkeeping and rent collection platform built for real estate businesses. You can easily set up leases, collect rent and security deposits, open separate accounts for deposits, manage maintenance requests and automatically categorize transactions (plus more) all in one place with no monthly fees. Try Baselane for free today!
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