Property management is focused on the day-to-day management of properties. A Property Manager is tasked with the management of a designated pool of assets. They will be accountable for the day-to-day management of all operational elements of an asset.
The responsibilities of a Property Manager will vary depending on the nature of the company they are employed by, most notably varying between consultancy side and client-side roles. As Falmouth Fairfax is a predominately client-side focused recruiter, we will discuss the client-side Property Manager role profile in this information page.
Client-side property management roles often include some direct management but are usually focused on overseeing the day-to-day property management of an assigned portfolio of assets via a property management advisor (a property management team in a consultancy).
Typical role responsibilities include:
Property management across a designated portfolio of properties in a proactive manner with the aim of preserving and enhancing asset value.
Instruction and oversight of Managing Agents on a range of matters typically including:
Rent, service charge and insurance collection.
Preparation of annual service charge budgets, managing expenditure in line with the budget and providing annual reconciliation.
Tenant applications for sub-letting, assignment or alterations.
Processing maintenance, repairs and insurance events.
Ensuring compliance with the relevant health and safety legislation.
Regularly inspect the properties and meet tenants.
Provide regular reports and keep the Asset Managers informed of any property management issues.
Assist with the implementation of asset strategies in line with strategic investment objectives.
Identify opportunities to create additional asset value through inspections and communication with tenants and managing agents.
Maintain a diary of rent reviews, renewal and break notices using management software.
Maintain and engage with suppliers/contractors/facilities services, to ensure optimum value and transparency.
Candidate Requirements:
A property degree
Qualified Chartered Surveyor
Experience and skill base required in relation to service charge strategy and management, alteration approval, sustainability and property insurance.
Good understanding of leasing; rent reviews, renewals, dilapidations and refurbishment process.
Excellent customer facing skills.
The ability to appreciate the needs and opportunities within a portfolio and communicate this to the asset management team.
Some companies will seek Health and Safety management experience IOSH Managing Safely qualification, or similar.
Remuneration:
Property Management packages vary but will typically have some benefits attached to them as well as an annual discretionary bonus. Broad client-side property management salary ranges are detailed below:
Role Seniority
Average Salary
Property Manager
£45,000 - £55,000
Mid-level Property Manager
£55,000 - £65,000
Senior Property Manager
£70,000 - £85,000
"Lucy was extremely responsive and diligent. A pleasure to work with, I would highly recommend working with Lucy."
Daniel.T
Candidate
"Having spoken with a number of recruiters during my job search, John was certainly the most knowledgeable about the surveying industry and was able to properly advise on the job spec’s role and responsibility. My experience with others was that this wasn’t always the case. John was readily available on the phone when needed and never pushed unsuitable opportunities onto me."
Will.Y
Candidate
"I would come back again and again. John once again understood exactly my criteria and would only put something in front of me which would be the right fit. John was incredibly engaging at every step of the process and I always felt like he gave me so much of his time. When it came to securing the deal, he worked to get the salary to where I wanted it to be. "
Camilla.F
Candidate
Working with John/ Falmouth Fairfax has been a pleasure and such a great experience. I have just accepted an offer at a wonderful and very exciting company. I found John very proactive, great at communication and updates throughout the process. Would recommend to anyone looking at their next career move.
Kathryn M
Candidate
"I've been very with both Bronwyn and Lucy. Communication has been great and I felt like you provided a balanced view on the pros and cons of the job and general market."
Noah K
Candidate
"Falmouth Fairfax has gone over and above expectations. I would not change a thing! Falmouth Fairfax has played a critical role in helping me secure a new role. Bronwyn was diligent and listened to my requirements throughout the recruitment process and expertly matched me to a suitable client. The team at Falmouth Fairfax has been professional throughout whilst keeping a personal and supportive approach. I would highly recomend using their services!"
