Description

Assistant managers of property management assist the head or senior property manager with tasks such as facilities inspections, scheduling repairs, and assisting with the bidding process on any contracted services or capital improvements. For real estate properties and rentals, the assistant manager also assists in the timely collection of rents and ensures that accounts are paid according to agreed-upon terms. Additionally, in the case of minor upkeep or repair, the assistant property manager may be expected to complete repairs themselves.

Real estate companies that manage a large number of properties or large buildings, facilities, or apartment complexes are common employers for assistant managers of property management. This professional may perform a number of duties, including inspecting buildings, checking on work by maintenance and landscapers, and contacting companies for bids on contracted landscape, snow removal, janitorial, and repair and contracting work. The assistant manager also helps set up repairs and acts as a go-between for senior management and residents or tenants. This involves scheduling repairs at agreed upon-times and following up with tenants as needed. In the case of minor work, the assistant manager perform repairs or find an existing member of property staff to execute them.

To work as an assistant property manager, a person must typically have some experience working within the property or contracting fields. Normally, a real estate company looks for practical experience over formal education, but a strong background in accounting at either a high school or collegiate level is preferred. Assistant property managers typically work during regular business hours, but frequently are also “on call” to handle unexpected off-hours emergency situations.

Roles & Responsibilities

As an Assistant Manager, Property Management with 6-9 years of experience in Singapore, your main responsibilities include:

  • Overseeing day-to-day operations of multiple properties, ensuring they are well-maintained and meet quality standards. This involves supervising property maintenance, addressing tenant concerns, and coordinating with service providers.
  • Managing leasing activities, including tenant selection, negotiations, and lease administration. This includes marketing vacant units, conducting background checks, preparing lease agreements, and handling tenant disputes.
  • Developing and implementing property management strategies to maximize occupancy rates and rental income. This involves analyzing market trends, setting rental rates, implementing marketing campaigns, and conducting regular property assessments.
  • Leading and supervising property management staff, providing guidance, training, and performance evaluations.

Qualifications & Work Experience

For an Assistant Manager, Property Management Job Role, the following qualifications are required:

  • Excellent knowledge of property management processes, including leasing, maintenance, and tenant relations.
  • Strong problem-solving skills to address tenant issues, property repairs, and other operational challenges efficiently.
  • Exceptional communication and interpersonal skills to effectively interact with property owners, tenants, and vendors.
  • Leadership abilities to supervise a team of property staff, delegate responsibilities, and ensure smooth property operations.

Essential Skills For Assistant Manager, Property Management

1

Operations Management

2

Documentation

3

Asset Management

Career Prospects

The role of Assistant Manager in Property Management is crucial for ensuring smooth operations and effective management of properties. For individuals with 6-9 years of experience in Singapore's property industry, there are several alternative roles worth considering. Here are following options:

  • Senior Property Manager: A position that involves overseeing a larger portfolio of properties, managing budgets, and implementing strategic initiatives for property performance improvement.
  • Facilities Manager: A role focused on ensuring the efficient operation and maintenance of physical assets, including buildings, equipment, and systems.
  • Asset Manager: A position that involves optimizing the value of real estate assets through strategic planning, investment analysis, and portfolio management.
  • Real Estate Development Manager: A role that involves leading and coordinating property development projects, from site acquisition and planning to construction and leasing.

How to Learn

The job role of Assistant Manager, Property Management in Singapore is expected to experience significant growth in the market. According to recent data, there has been a steady increase in demand for property management professionals in the country. Over the past 10 years, the job role has witnessed consistent expansion, with a positive trajectory expected to continue in the future. As Singapore's real estate sector continues to thrive, employment opportunities for Assistant Managers, Property Management are projected to multiply in the coming years. With an optimistic outlook, this role is poised for substantial growth and offers promising career prospects.