What is the role of a property manager?

The role of a property manager is primarily to manage real estate on behalf of another person, typically the property owner, in exchange for compensation. This involves a variety of responsibilities, including maintaining the property, handling tenant relations, collecting rent, and ensuring that the property adheres to local laws and regulations. A property manager acts as a mediator between the owner and the tenants, ensuring that the property is well-managed and that the owner's investment is protected. This position requires a solid understanding of property management practices, local laws, and financial management.

While overseeing the selling of properties, providing legal assistance, and conducting property inspections can be related activities, they do not encompass the full scope of a property manager's role, which is focused mainly on operational management and tenant relations rather than on selling or legal guidance.