The Regional Property Manager provides direction to Community Managers to achieve financial performance goals, maintains budgetary control, and hires, trains, and mentors Community Managers. This role analyzes personnel needs, serves as the final authority for hiring decisions, and reviews salary adjustments. The Regional Property Manager also ensures staff continuing education, assesses training needs, and assists in resolving employee issues. In terms of property management, this role provides direction on resident issues, assesses property conditions, and works with Community Managers to analyze community performance. They also help create and implement marketing programs, train teams on leasing and maintenance service, and regularly inspect properties to ensure marketability. Oversight includes checking turnaround standards, monitoring move-out procedures, evaluating landscape/curb appeal, and approving bids for major contract work. The role also involves fielding resident calls and responding to survey cards. Financially, the Regional Property Manager prepares annual budgets, oversees income and expense accounts, manages rental rates, and meets company benchmarks for occupancy, collections, and net operating income. They ensure timely report submission, train Community Managers in fiscal management, review financial statements, and implement programs to increase NOI and property value. They also maintain control over expenditures and review capital replacement plans. Compliance involves monitoring communities for Fair Housing laws and other regulations, training employees on documentation, and developing procedures for policy compliance.
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Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
Number of Employees
11-50 employees