What is one of the key responsibilities of a property manager?

A key responsibility of a property manager is to maintain and oversee the daily operations of a rental property. This role encompasses various tasks, such as ensuring the property is well-maintained, coordinating repairs and maintenance, managing tenant relations, and handling lease agreements and renewals. The property manager acts on behalf of the property owner to ensure that the property is functioning efficiently and effectively, which is vital for tenant satisfaction and the overall success of the rental business.

While selling properties, providing investment advice, and conducting appraisals are important functions in the real estate industry, they fall outside the primary duties of a property manager, who focuses on the operational management of properties rather than transactions or investment strategies.