What is the primary role of a property manager?

The primary role of a property manager is to provide professional management to assist landlords. This involves a comprehensive range of responsibilities, including maintaining the property, handling tenant relations, ensuring compliance with leasing agreements and local laws, and effectively managing finances related to the property. By alleviating the burdens of day-to-day management tasks from landlords, property managers play a crucial role in maximizing the value of the property and ensuring it operates smoothly.

While leasing properties at high prices, overseeing construction and renovations, and ensuring tenant satisfaction are all important aspects of property management, they fall under the larger umbrella of professional management duties. The focus on assisting landlords encompasses not only the financial performance of rental properties but also the overall legal, operational, and strategic aspects of property management. This holistic approach ensures that both the interests of the landlords and the needs of the tenants are balanced effectively.