Ideally you will need some experience in the business, whether that
be through being a landlord yourself or maybe from being an estate agent
or a project manager for a company. As well as properties you might
also be asked to manage land as well and this could be arable farm land,
forests or industrial sites and hence you will need to be a good all
rounder who can diversify their talents. As a property manager you will
be required to oversee all aspects of managing a portfolio of
properties, from dealing with the client as well as dealing with the
tenants which means that you need to be a great communicator and be a
people person, in other words, you must be able to deal with difficult
people and problems that might arise. In addition to clients and tenants
you might also need to communicate with professional people such as
legal solicitors and land managers in order to provide the best service
for your client.
The day to day running of a property management business needs to be
smooth running and it is the responsibility of a property manager to be
able to deal with any problems that might arise. The best property
manager is one that is really great at problem solving as this is the
main role of a property manager. They have to be able to anticipate
problems as well as dealing effectively and quickly with any problems
that arise. One of the main problems that arise is a conflict of
interest between a landlord and a tenant and the best thing about having
the services of a property manager is that they are able to
intermediate between both parties so that tensions do not rise and the
relationship between tenant and landlord breaks down. With this in mind
it is important that a property manager is a great people person that
can deal with, often aggressive, clients and landlords that can be very
forcefully
Thus in general, to be a good property manager you need to be able to
take to both your client and their tenant, deal with tradesmen who are
required to carry out repairs and maintenance on the property and also
to liase with solicitors who are able to cover the legal requirements of
managing a property. You also need to be very organised and be a great
problem solver. If you think that you are able to solve people’s
problems and manage a property then the role of property manager is the
one for you.
