A residential block property manager is usually hired by a property management company to manage and maintain the communal areas of their clients’ leased properties. A property management company will generally have multiple property managers, each with their own portfolio of properties. Their aim is to provide an efficient, customer focused service whilst maintaining client retention.
What are the duties and responsibilities of a residential block property manager?
A property manager job description includes;
- Client service
- Preparing annual service charge budgets
- Managing the communal areas of clients’ leased properties
- Managing the budget and maintaining records of any expenses and income
- Dealing with leaseholders enquiries
- Managing contractors and visiting sites to compile schedules of works
- Meeting new clients to arrange new business & support the letting team generally
- Dealing with insurance renewals/claims and any major client works
What is a residential block property manager’s salary in the UK?
A permanently employed residential block property manager’s salary in the UK is generally between £20,000 to £40,000 depending on the area and past experience.
What are the key skills required to be a residential block property manager?
- Strong management and organisational skills
- Good negotiating abilities
- Excellent communication skills
- Excellent knowledge of the industry
- Good attention to detail
- The ability to multitask
- Be IT literate
- Excellent interpersonal communication skills
- Good team management abilities
Residential block property manager qualifications.
Most property management companies will require that their property managers have a qualification delivered by one of the following groups:
- IRPM (Institute of Residential Property Management)
- ARMA (Association of Residential Managing Agents) LINK
- RICS (Royal Institution of Chartered Surveyors) LINK
Knowledge in the following areas are also key to being a successful and efficient property manager:
- Health and safety
- Construction and repairs
- Financial management
- Real estate management and grounds maintenance
- Marketing and customer services
- Microsoft Office software
So if you’re looking for a career in property management, take a look at our property manager jobs.