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What are the primary responsibilities of real estate management?

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Question added by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY
Date Posted: 2016/03/26
georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Processes for commercial and residential units management

Department contracts

financial management

Billing and service charges

Asset Protection

Communicate with customers and tenants

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

  • Handle financial operations of the property.
  • Collect rent.
  • Send out notices if rent is delinquent.
  • Prepare and maintain financial statements.
  • Update owners on status of property.
  • Inform owners about occupancy rates, expiration dates of leases, and other issues.
  • Advise owners on how much to charge for rent.
  • Collect association and/or HOA fees.
  • Pay for services such as playgrounds and swimming pools.
  • Negotiate contracts for janitorial, security, landscaping, trash removal, and other services.

Thanks for the invite, I apologize for the answer, I do not know, I leave the answer to the specialists.

Rami Assaf
by Rami Assaf , loading and Storage Operations Supervisor , Arab Potash Company

Thanks for invitation

I am apologies to answer this question because it's not my specialist field 

Rami Abbas
by Rami Abbas , Sales Manager , Al Houda Contracting and Real Estate Development

Marketing and Financial Tenant and Occupancy Facility Administration & Risk Management

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers .........................................

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

wait more details from experts

 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

In real estate property management, the property manager or management company has four major areas of responsibility:

 

  • Marketing and Financial
  • Tenant and Occupancy
  • Facility
  • Administration & Risk Management

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