What to Look For In a Property Manager?

What makes a prop­er­ty man­ag­er excep­tion­al? Here are some qual­i­ties you should look for:

• In-depth knowl­edge of com­mer­cial real estate: A good com­mer­cial prop­er­ty man­ag­er must have a sol­id under­stand­ing of the com­mer­cial real estate mar­ket, includ­ing rental rates, mar­ket trends, and com­pli­ance regulations.

• Excel­lent com­mu­ni­ca­tion skills: Com­mer­cial prop­er­ty man­agers must be able to com­mu­ni­cate effec­tive­ly with ten­ants, own­ers, ven­dors, and oth­er stake­hold­ers. They should be able to con­vey infor­ma­tion clear­ly and pro­fes­sion­al­ly and have excel­lent lis­ten­ing skills.

• Strong organ­i­sa­tion­al skills: Com­mer­cial prop­er­ty man­age­ment involves many mov­ing parts, from sched­ul­ing main­te­nance to man­ag­ing finances. A good prop­er­ty man­ag­er must be high­ly organ­ised to ensure every­thing runs smoothly.

• Finan­cial acu­men: A com­mer­cial prop­er­ty man­ag­er must have strong finan­cial skills and be able to cre­ate and man­age bud­gets, track expens­es, and gen­er­ate finan­cial reports.

• Atten­tion to detail: In com­mer­cial prop­er­ty man­age­ment, details mat­ter. A good prop­er­ty man­ag­er should be high­ly detail-ori­ent­ed to ensure all aspects of the prop­er­ty are man­aged effectively.