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Commonly Asked Questions about Commercial Property Management

To be eligible, you need to pass the CA Salesperson Exam, be at least 18 years old, complete 135 hours of pre-licensing coursework, and partner with a broker who will sponsor your real estate license. You will also have to submit your application and pay the $245 license fee to the DRE.
Rental Pricing Property management companies are primarily responsible for rental price setting, making necessary adjustments, and collecting rent. Setting the rental price: The property managers responsibility is to set the optimal price and strategically maximize the profit for your property.
Commercial Managers have the following responsibilities: Manage client relationships, identifying opportunities for new contracts. Analyze data and create reports to identify areas of business growth. Monitor local and federal regulations.
Common Responsibilities Listed on Property Manager Resumes: Negotiate and manage leases, rental agreements, and contracts. Monitor and enforce compliance with rental agreements, lease terms, and applicable laws. Oversee tenant move-in and move-out processes. Respond to tenant inquiries and complaints in a timely manner.
The duties of a property manager can vary greatly, but typically include tasks such as collecting rent, maintaining the property, dealing with tenants, and handling repairs.