Time Management Tips For Property Managers

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Being a property manager can be a demanding yet rewarding experience and business opportunity, unfortunatelytime management there are many property managers who find that the days are too short and there isn’t enough time to accomplish all that is needed in the day. On any normal business day, property managers handle many different tasks including, but not limited to:

  • Negotiating existing tenants leases
  • Holding negotiations with prospective tenants
  • Addressing any maintenance issues that may arise
  • On-going tenant discussions regarding occupancy issues
  • Chasing outstanding payments
  • Inspecting properties
  • Reviewing lease documentation
  • Complete property owner reports and so much more!

Due to the many demanding daily tasks that are required of a property manager it is important to time manage your day to make it more effective. Here are some simple tips you can introduce when working within a property management company as a property manager.

Time Management Tips For Property Management Companies

  1. Build a simple plan and rearrange your workday around this plan. This will help you prioritize important tasks of a morning when your mind is fresh and about to make decisions easier.
  2. Break down any large daily time consuming tasks into smaller and more manageable increments. Also try to complete each task before starting a new one.
  3. Delegate work as well as devoting your mid-mornings to returning important telephone calls and reviewing emails. High priority problems should be handled immediately.
  4. Keep your afternoons for out of office activities which may include property inspections, tenants, landlords, and vendors.
  5. At the completion of each day, review your daily plan and reschedule anything that you may have not completed in the day.

Simplicity is the key when it comes to time management. There will be times that you will encounter a delay in your plan, however by sticking to a plan as best you can, can really help to save 3-4 hours that may have occurred normally under poorly managed tasks.

 

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