Property managers ensure proper handling of all aspects of commercial or residential rental property management. They market for prospective tenants, oversee property maintenance and manage existing tenants. They are well-versed in competitive properties and are able to establish rental rates by surveying other local rentals and calculating overhead costs, depreciation, taxes, and profit goals. They are able to resolve resident complaints and schedule necessary maintenance with contractors and vendors.
Personality types of a Property Manager
Each letter of DISC represents polar personality types with correlating behaviors and characteristics. Learn more about their strengths and weaknesses, how they communicate, and more.
Behavioral Qualities for a Property Manager
Behavioral qualities make people naturally act in a certain way. Utilize people’s natural behaviors and strengths at work.
- Decisive. Quickly deciding on a specific action.
- Personable. Easy to get along with.
- Adventurous. Willing to try new things, take risks.
- Accurate. Insisting on quality and correctness.
Motivators for a Property Manager
Motivators are values that drive people. To retain passionate employees, place people in a role that utilizes their values.
- Economic: A utilitarian drive for results and maximal returns. To tend to an economic drive, give them back-office support to allow them to stay competitive.
- Political: A drive for authority, to take command. To tend to a political drive, give them opportunities for leadership.
- Regulatory: A drive to maintain order and the status quo. To tend to a regulatory drive, give them guidelines to follow.
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