Property Manager duties and responsibilities
The work of different Property Managers may vary, depending on client requirements. They manage staff and oversee the general operations of a property or facility. Other duties and responsibilities they may need to perform include:
- Making sure property finances are up to date and in order
- Preparing all lease-related paperwork in a timely and accurate manner
- Analyzing problems with properties and finding the best solution for the tenant and property owner
- Ensuring timely collection of rents and fees
- Overseeing the installation, maintenance, and repair of equipment and machinery
- Serving as a point of contact between the property owner and renters
- Overseeing daily administration of the property
- Troubleshooting and responding to after-hours issues regarding the facility
Property Manager skills and qualifications
Property Managers must possess the technical knowledge to deal with property or building issues. Other prerequisite skills and qualifications include:
- Strong communication and excellent listening skills to deal with tenants, property owners, and any maintenance staff
- Excellent attention to detail and strong organizational skills
- Basic knowledge of finance and marketing
- Customer service skills and ability to delegate tasks effectively
- Strong work ethic and teamwork
- Time-management abilities
- Knowledge of office software, like spreadsheet and word processing programs
- Problem-solving skills
Property Manager experience requirements
Qualified Property Managers should have prior experience with property management. Some suitable candidates may also have experience in property maintenance. They may start their careers as an Assistant Property Manager to gain the skills and knowledge they need to become a Property Manager. Candidates can also gain experience through relevant internships and other entry-level roles.
Property Manager education and training requirements
For most Property Manager jobs in Canada, ideal candidates will have a bachelor’s degree in property management, business administration, or another relevant field. Alternatively, candidates may be qualified to work as a Property Manager if they have the equivalent combination of technical training in maintenance and administration. When looking to hire a Property Manager who will also act as a Maintenance Manager, ideal candidates will have certifications in property maintenance or facilities management. They could also have technical training in building maintenance. In some provinces and territories, Property Managers must be licensed by their governing body, such as the Real Estate Council of Alberta (RECA).
Property Manager salary expectations
According to Indeed Salaries, the average salary for a Property Manager in Canada is $48,752 per year. This will vary depending on the location, experience, and hiring company.
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