What does property management primarily entail?

Property management primarily involves overseeing the operation and administration of real estate properties. This includes a variety of responsibilities such as maintenance of the property, managing tenant relationships, and handling leasing agreements. A property manager ensures that the property is well-maintained, which can include coordinating repairs, conducting regular inspections, and managing budgets for maintenance projects.

Leasing is another crucial aspect, where property managers advertise units, screen potential tenants, and negotiate lease terms. Tenant management encompasses addressing tenant inquiries and complaints, renewing leases, and ensuring compliance with property rules and regulations.

The other choices involve activities outside the primary scope of property management. Property sales and investment analysis pertain to buying and selling real estate rather than managing it. The design and staging of properties for sale focus on marketing strategies rather than ongoing operational management. Legal representation in real estate transactions is concerned with legal processes and contracts, separate from the day-to-day tasks associated with managing rental properties. Thus, maintenance, leasing, and tenant management encapsulate the core functions of property management.