A professional who manages commercial, industrial, or residential real estate properties for clients. Responsibilities include:

• Discusses with client terms and conditions for providing management services, and drafts agreement stipulating extent and scope of management responsibilities, services to be performed, and costs for services.
• Prepares lease or rental agreements for lessees and collects specified rents and impounds.
• Directs bookkeeping functions, or credits client account for receipts and debits account for disbursements, such as mortgage, taxes, and insurance premium payments, management services costs, and upkeep and maintenance costs.
• Arranges for alterations to, or maintenance, upkeep, or reconditioning of property as specified in management services or lessee's agreement.
• Employs, or contracts for services of, security, maintenance, and groundskeeping personnel and on-site management personnel if required.
• Purchases supplies and equipment for use on leased properties.
• Directs preparation of financial statements and reports on status of properties, such as occupancy rates and dates of expiration of leases.
• Directs issuance of check for monies due client.
• May advise client relative to financing, purchasing, or selling property.
• Usually required to have real estate broker's license and be certified in property management.
• May prepare periodic inventory of building contents and forward listing to owner for review.
• May contact utility companies to arrange for transfer of service for tenants.
• May assist with eviction of tenants in compliance with court order and directions from lawyer and owner.