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Property Manager
$87k-112k (estimate)
Full Time 1 Month Ago
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Westminster Management is Hiring a Property Manager Near Washington, DC

How does Westminster support its team members? Each eligible team member has the opportunity to:$2k relocation bonusLive on-site and take advantage of our employee apartment discountMedical, Dental, Vision plans with no wait period-eligibility starts 1st of the month following employmentReceive $1k in contributions to the HSA medical plan for each employee who enrollsObtain assistance for student loans as well as tuition reimbursement401k Match-50% of the first 6%Short-Term and Long-Term DisabilityPaid Life InsurancePaid Time Off and more.Position Summary:Responsible for ensuring the efficient day-to day operations of the property. Responsibilities include preparing and filing leases, promoting the property and retaining current tenants. RESPONSIBILITIESManage the properties for which responsible in the most efficient and profitable manner possible, given existing marketing conditions, as well as creating the greatest possible satisfaction and well-being of all other individuals associated with the property, both employees and residents, consistent with the goals and objectives of the company and owner.Achieve the highest possible net operating income through the implementation of effective cost control, revenue maximization and delinquency management program.Develop yearly operating budgets and sales/marketing plans. Accurately prepare and convey all operational and financial data in a timely manner with the assistance of other members of the staff. Work with owners to identify property goals and objectives. Be responsive and receptive to owners’ needs, goals and objectives, which must be clearly described in the yearly operating budgets and sales/marketing plans.Analyze monthly performance and budget projections and compare to annual management plan and budget; adjust strategies accordingly.Create and monitor commercial budgets, CAM charges and rent escalation based on leases.Monitor the percentage rent for commercial tenants.Analyze and oversee commercial tenant build-outs.Ensure compliance with tenant leases, regulatory items, and management contracts.Oversee collection of rent, payment of expenses and compliance with lease terms.Competitively bid and oversee operational and commercial tenant improvement contracts and services.Provide service to commercial tenants by serving as a key point of contact for information, cleaning, maintenance and repair needs if applicable.Maintain high customer service standards. Work with staff to promptly respond to resident requests and work with residents and staff to minimize and resolve resident problems and complaints. Follow through to ensure issues are resolved.Clearly and effectively communicate with residents, other employees, vendors, supervisors and owners in written and verbal form.Develop, write and implement a sales and marketing plan that effectively maximizes rental income and results in high occupancy and competitive pricing through the leasing staff and personal efforts.Implement or direct implementation of all policies and procedures as outlined in the company policies and procedures manual. Ensure compliance by employees supervised as necessary.Ensure that all physical aspects of the property are at all times fully functional and in an attractive condition, and that all vacant units are kept ready for occupancy. Inspect grounds, building and apartment units on a regular basis. These functions must be consistent with the goals and objectives of the property owner.Identify and implement creative programs to increase the property’s value and improve services to residents.Understand, analyze and evaluate monthly financial statements and write the property owner’s report in a clear, concise form.Adhere to the company’s safety programs, policies and procedures. Promote safe work practices among on-site staff consistent with policies in the WMM Safety Manual.Ensure all required weekly, monthly and quarterly reports are completed accurately and in a timely manner.Understand the computer functions and management software package and ensure all required staff is properly trained to perform their computer duties. Operate the computer as required.Train and motivate staff to lease apartments by showing the models and/or available units and aggressively sell the products and services of the property to which they are assigned.Be able, as necessary, to deliver resident gifts, inspect units on a move-in day to ensure units are ready and assist with planning and hosting of resident functions.Manage the property lease renewal program. Maximize resident renewals. It is a goal of the Property Manager to have no month-to month residents.Maintain thorough product knowledge of own property and that of major competition through site visits and tours as well as telephone surveys. Prepare marketing data reports as required.As necessary, prepare all lease related paperwork in an accurate and timely manner. Be able to explain all lease documents to new and existing residents. Ensure all documents are completed prior to resident move-in.Follow established policy and procedures in the qualification, screening and acceptance of applicants for residency.Identify and analyze problems and potential problems. Develop and implement decisions that help the property achieve the owner’s objectives and that are consistent with management company’s policies and procedures.Plan and organize present and forecast workloads.Effectively disseminate all information and instructions necessary for others, including supervisors, peers and subordinates to do their work. Advise employees on a regular basis how they are performing their specific job.Be observant for any problem that could be a hazard or potentially dangerous situation for residents, staff, guests and the public. This includes condition of pool gates, fencing, lighting, trip hazards, etc.Attend to routine operational issues including policies, procedures, insurance, safety and legal issues.This individual has authority to authorize, purchase and approve invoices within the corporate guidelines.Stay abreast of real estate related industry standards, legislation impacting department and industry practices, policies and procedures.Must be available 24/7 to take emergency calls.Pre-RequisitesRequires a high school education or equivalent.Requires minimum of 5 yrs.’ previous experience on Class A property dealing with both residential, commercial and retail spaces and tenants alike.Requires strong knowledge of property management and tenant/landlord practices, laws, rules and regulations. Good command of commercial management and leasing practices.Highly proficient in Microsoft Office Suite, YardiAbility to walk up 3 flights of stairs, multiple times a day, 5,000 steps/day including in inclement weather.General knowledge of Microsoft Windows based PCs..High Proficiency in using Microsoft Office apps including; Outlook, Word, Excel, PowerPoint, OneNote & OneDrive/SharePoint.Experience with collaboration apps including Teams, Zoom & WebEx.Experience with Apple iOS devices.

Job Summary

JOB TYPE

Full Time

SALARY

$87k-112k (estimate)

POST DATE

03/27/2024

EXPIRATION DATE

04/11/2024

WEBSITE

westminstermanagement.com

HEADQUARTERS

Wilmington, DE

SIZE

<25

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The job skills required for Property Manager include Property Management, Customer Service, Microsoft Office, Communicates Effectively, Professional Development, Life Insurance, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Property Manager positions, which can be used as a reference in future career path planning. As a Property Manager, it can be promoted into senior positions as a Commercial Property Manager III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Property Manager. You can explore the career advancement for a Property Manager below and select your interested title to get hiring information.

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If you are interested in becoming a PROPERTY MANAGER, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a PROPERTY MANAGER for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on PROPERTY MANAGER job description and responsibilities

The property manager may handle all of the technicalities, such as performing criminal background and credit checks, confirming employment, and gathering references.

12/18/2021: Huntington, WV

Property managers have ties with maintenance workers, contractors, suppliers, and vendors that most homeowners do not.

12/15/2021: Youngstown, OH

A good property manager will be able to help with marketing by advertising on select online platforms and using offline marketing tools.

02/04/2022: Orange, CA

A property manager knows how to screen tenants thoroughly and efficiently to find responsible and reliable renters.

12/25/2021: Fargo, ND

When a tenant violates an agreement or does not pay their rent, the property manager knows how to properly file and execute the eviction.

02/05/2022: Lima, OH

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on PROPERTY MANAGER jobs

Collects and deposits monthly rent payments on time.

01/30/2022: Evansville, IN

Acquire Property Management Certifications.

01/24/2022: Stamford, CT

Get the Needed Real Estate Education.

01/18/2022: Lancaster, PA

Develop a system to find the right tenant.

12/07/2021: Tucson, AZ

Have a long-term strategy and set goals.

12/24/2021: Altus, OK

Step 3: View the best colleges and universities for PROPERTY MANAGER.

SUNY College of Technology--Alfred
Manhattan College
Pennsylvania College of Technology
SUNY College of Technology--Delhi
Vermont Technical College
Tuskegee University
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