Property Management may appear as a simple occupation but it is more than just looking after a property, so to speak. A property manager is in charge of the following areas, just to name a few:
- Liaising with estate agents, landlords and potential or current tenants
- Resolving all maintenance issues
- Maintenance of the property and grounds
- Marketing of managed properties to ensure full capacity
- For social housing, working directly with local councils
- For apartment blocks, working closely with the building directors
- Managing financial records
Being an excellent property manager is achieved through hard work, natural flare and industry experience. The following pointers may help you along your way:
Knowledge is power: Although industry experience is vital, so is education in property management. You can actually complete a degree in property management with relevant placements or complete courses conducted by ARLA (The Association of Residential Letting Agents). This will give you both the knowledge and experience necessary for commencing a long healthy career in Property Management.
Estate Agent Experience: Often, Estate agents have many rental properties that they do not have the time to manage themselves. Forming an agreement with an estate agent to manage their properties will not only improve your experience, but will dramatically add to your portfolio.
Managing your own: Becoming a Landlord for the first time is headway to becoming a property manager. From marketing the property to sorting any issues with tenants, this first house will give you first hand experience so you can start to develop your management skills and in turn your own property portfolio.
Many Landlords successfully manage their own properties, where others use a property management team. If you need help with your portfolio please feel free to email us at email@example.com and we will be happy to help.
For further information please visit our website: www.heramanagementservices.co.uk