deal with tenants
fix things that are wrong in the house
and collect the rent?
and advertize
make sure people are always living there?
2007-02-05 16:24:16 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
All of the above.
The Property Management Agreement will outline the specific responsibilities of the landlord and agent. In brief, the manager is usually responsible to market the rental, show to prospective tenants, screen applicants, negotiate and sign leases, collect rents and deposits, coordinate maintenance, mediate disputes, perform periodic inspections, and provide periodic statements of accounting to the landlord as well as year end tax paperwork (1099) showing gross rental income.
2007-02-05 17:32:57 · answer #1 · answered by njc_flhtc 4 · 0⤊ 0⤋
In my experience, many do all of the above. But some hire others to take care of the second item ("fix things...").
2007-02-06 00:29:43 · answer #2 · answered by 臭豆腐 3 · 0⤊ 0⤋
Yes we do, I am a PM, and trust me, the job is much more than that!!!
2007-02-06 00:33:32 · answer #3 · answered by O Jam 3 · 0⤊ 0⤋