Real Estate and Mortgage
Scott Scothern
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Posts by Scott Scothern
How To Blow Away A Property Management Firm With Your Skills
Nov 8th
In this time of economic crisis it is hard to find a job that isn’t affected by the recession. Luckily, people always need somewhere to live and with credit not being substantial enough to buy a home, majority of people are renting. Thus, property management jobs are in high demand.
As a property manager you will be dealing with all kind of people and should be able to be personable in any situation. You will be responsible for finding renters, collecting rent, running credit, and keeping records. Organization skills are the key to succeeding in this job field. Some other skills that are very important is the ability to talk to people easily and be a problem solver. The ability to listen to people and come up with the best solution is the best way to do what is needed to keep the job rolling and make things better for everyone.
You will be in charge of all things financial, including collecting rent and depositing checks in various accounts designated by the owner. When dealing with such great amounts of money being trustworthy is your biggest asset. An owner will be very careful in choosing their property manager and may do a background check. So, if there is anything suspicious in your past you may want to inform the owner up front.
Most property owners don’t want to rent to “just anyone.” It will be your responsibility to perform background checks and discern whether a potential tenant is going to be a good one who you won’t need to fight to get rent paid. The eviction process can be long and time consuming which wastes yours, and the owner’s time. Although you can’t always pick perfectly, choosing wisely is always a good idea.
The bottom line is that property management jobs are challenging and worth the effort if you get the right opportunity. If you think that you have what it takes to take on a job in property management you should check your local newspaper, or the internet job listings to find the opportunities you’re looking for.
Scott writes articles about property management job description and about property management job description
categories: property management,management,business,high paying jobs,job skills,realtor,real estate,renting
A Stunningly Growing Career
Nov 6th
Among popular careers, property management jobs are becoming very popular these days. Most people in this economy are getting denied home mortgage loans and simply cannot buy a house. Well these people need to live somewhere, and that somewhere is the large far reaching rental market. More people than ever are renting these days than ever before.
Did you know that the rental market has seen a 60% increase this year alone? These rental numbers are surprising as it means more and more people are entering the rent market and filling up rentals left and right. With all of these new renters, property management firms and companies are doing the best job they can to meet the current need. Most of these companies are desperate for good property managers to come and join the team.
If management has evered interested you or if you have ever wanted a full time job in management, now is the time. Strike while the iron is hot because right now is the best time to start getting into property management and dealing with the rental supply. Property managers make a great salary, in fact they start out at $50,000 per year. These jobs are also well known for also offering benefit packages to take care of yourself and your family. Health, Retirement, and other benefits are part of the package to keep you healthy and happy.
The best type of pay structure to get hired into is a hybrid pay structure. This pay structure simply means that you get a salary base amount. Any new rental sales that you make during the year are commissioned and added to your base salary amount as a bonus or commission pay at the end of the year. Many managers make up to $80,000 dollars a year in a hybrid pay model. Most large property companies offer this type of pay scale and trust us, it definitely is the way to go if you want to make the most money.
Duties of a property manager vary, but most likely you will be collecting rent, working on maintenance issues, and working on marketing to potential new clients and producing and creating advertisement that can bring in new business. If you are good at working with people you will do very well as a manager as you want to work with people that like you wich will turn out to be better tenants.
Property manager jobs are on the rise and making a large comeback. We hope this article has helped you to learn about this exciting career opportunity and that you will be able to make an educated career decision.
Scott writes articles about property management jobs and about property manager jobs
categories: property,management,rent,mortage,career,salary,commission,jobs,property management
Property Maintenance Tips To Follow
Jul 28th
Property managers have a primary responsibility which involves the maintenance of the property they oversee. It is important to understand what your firm expects as far as when maintenance should happen and on what kind of regular basis.
Too often, managers get fired or get pay cuts due to not properly recording when they had maintenance done. Because of this, it is very important to look at the tips we will lay out to help you avoid potential problems with your property firm.
One of the first things you should do it talk to your firm about how often they would like things to be serviced. Most firms will have a log book with a designated time of year that something should be serviced, but if not make one.
With this list, you can create a check list or log so that you can mark the dates when things were maintenances and keep a record. This record will come up often as it will be there to save your butt in case anything catastrophic breaks. When something bad happens, the firm will ask you when you had it serviced. If you have a log book with dates and signatures, the firm will take full responsibility for the damaged item and pay what they need to in order to fix it without giving you a whimper.
When something bad happens, it can go very bad for you also as the property manager unless you have a good log book to back you up. Most issues end up in firing if the manager can’t prove when maintenance took place, and some managers even get put on probation with a large pay cut. No matter what happens, you can’t afford to get fired, so it’s important to keep a good log book of maintenance records.
These tips will help you to do your best as a property manager to be able to take control of the maintenance that needs to happen on the properties that you manage. This will help you to be more accountable and also keep the firm accountable for issues that arise. Do yourself a favor and get a log book with a scheduled maintenance plan.
Mike writes about what property managers make and about how much do property managers make
