Regional Property Manager

Sage Solutions Group•Detroit, MI
•$110,000 - $130,000

About The Position

Our client is seeking a Regional Property Manager to oversee and direct day-to-day operations across a residential portfolio. The role directly manages functional line managers in leasing, resident services, and maintenance, and maintains clear communication between Property Managers and the Central Office regarding transactions and activities. The Regional Property Manager is responsible for financial oversight, budgeting, marketing, property inspections, compliance, preventive maintenance, staff management, contract management, and monitoring property operations. The position also handles resident issues and concerns.

Requirements

  • Bachelor’s degree in business or a related field.
  • At least 3 years of experience as a Property Manager or Regional Property Manager.
  • Experience managing a staff of at least 16, including maintenance and leasing departments.
  • Proficiency in MS Outlook, Excel, and Word.
  • Proficiency in Yardi.

Responsibilities

  • Maximize rental income and control operating costs for each property.
  • Review monthly financial reports and budget variance analyses.
  • Lead the annual operating and capital expenditure budgeting process with Property Managers and owners, monitor budget performance, and make recommendations as needed.
  • Work with Property Managers and Leasing Agents to develop and carry out marketing and advertising plans across markets.
  • Recommend improvements to marketing activities, review occupancy status, and recommend market rent schedules.
  • Visit sites regularly to ensure site offices are organized and running smoothly.
  • Inspect property grounds and buildings to ensure high standards are maintained, evaluate the efficiency of maintenance, grounds, and housekeeping operations, and periodically inspect vacant units to confirm they are market-ready.
  • Work with the corporate office to implement and ensure compliance with property management practices.
  • Review and audit administrative, accounting, and maintenance areas for compliance with established policies and procedures, and approve exceptions.
  • Review the preventive maintenance program with managers and maintenance staff.
  • Work with Property Managers to recruit, retain, and develop staff at all levels.
  • Hire, train, supervise, develop, discipline, and terminate supervised staff in line with company policies.
  • Approve new hires, status changes, and terminations for on-site personnel, and support Property Managers with site-level staffing matters.
  • Evaluate direct reports annually or more often as needed.
  • Oversee property contracts, negotiate and evaluate contracts, and make recommendations.
  • Monitor processing of work orders, payroll, leasing, occupancy, and purchase orders; track new leases and renewals.
  • Oversee the RUBS program to ensure tenants are billed correctly.
  • Monitor resident delinquencies and vendor payments at property offices.
  • Oversee inventory control and purchasing, and review and approve spending within budget guidelines.
  • Monitor make-ready completion and negotiate with vendors as needed to ensure units are finished on time.
  • Resolve resident issues and concerns.

Benefits

  • Competitive salary
  • Bonus eligibility
  • Retirement plan
  • Paid time off
  • Car stipend
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