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What are the Duties and Responsibilities of a Property Manager

If you’ve worked with us in the past, you are aware of how stress-free it is to let a property manager handle your rental property. Because that’s what our clients in Radford, Christiansburg, Blacksburg, and beyond keep saying.  You ponder whether the cost of hiring property management will be outweighed by the savings and advantages.  If you have not worked with us, here are some of the items you can expect us to handle.

Here are some essential tasks a property manager can accomplish to help landlords.

Setting Rent

Any landlord’s fundamental job is to set the rent. The property manager sets competitive rent pricing. We follow the tips from The balance small business that helps on how to set the right rental price. 


Screening of Tenants

Not all tenants can be trusted to pay rent because some may be involved in shady activities.   We plan out an effective tenant screening process. Here are some sample questions asked when screening tenants from My Smartmove.


Adjusting, Collecting, and Setting Rents

Many landlords want their property managers to take care of a certain responsibility for them. The task of defining and structuring procedures for collecting rent from tenants falls to the property manager. They are fine for any renter who makes a late payment or violates the terms of the lease.


Maintenance of Property

They are able to locate any vacant flats, renovate them, keep them up, or organize contractors to do the renovation. One of their main responsibilities is to make sure the home is in good condition.


Acts As A Local Presence For Out-Of-Town Owners

Property managers serve as the local presence for out-of-town owners in addition to being the expert on-site. While the landlord is having a vacation outside Virginia, other concerns may arise, such as maintenance and other operational problems that would be challenging to handle remotely, a property manager may take care of these matters for the tenants.


There you have it!


Are you looking for a property manager?


You can outsource some of your duties to Real Property Management Insight (Blacksburg, VA).

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