Job sheet

Property manager: profession, missions and salary

Roles and missions of the building manager

The role of a building manager is to manage and maintain a building, and ensure the smooth running of services to residents and tenants. The main missions of a building manager are diverse and varied. They must: develop and implement building management policies and procedures; supervising building staff and managing their workforce; maintain and improve the quality of the services present on the site; communicate tenant and resident information; find and review potential tenants; work closely with the owner or developer of the building to ensure the smooth operation and satisfaction of residents and tenants; ensure that rents and utility bills are paid on time; conduct inspections and audits of buildings to ensure compliance with quality and safety standards; organize social activities and excursions for residents and tenants; ensure that residents and tenants follow building rules and regulations and report illegal behavior to the police; and handle claims and complaints from residents and tenants. Finally, the property manager ensures compliance with applicable national and local laws and regulations.

Property Manager salary and career development

The salary of a Property Manager varies according to his experience and training. In France, here are the changes in annual gross salary according to years of experience:

0 to 2 years: Between 28,000 and 35,000 euros

2 to 5 years: Between 35,000 and 40,000 euros

5 to 10 years: Between 38,000 and 45,000 euros

10 to 15 years: Between 45,000 and 55,000 euros

More than 15 years: Between 55,000 and 65,000 euros

In terms of career, a Property Manager can progress to various trades. Here are five examples:

Real estate analyst

Real estate director

Advantages and disadvantages of Property Manager

Advantages

Wide variety of duties, ranging from day-to-day care of residents to managing payments and building finances.

An opportunity to work in a varied and interesting environment.

Good training and tools to learn and improve your skills.

Lots of benefits, including bonuses, vacation and paid time off.

The ability to work at your own pace.

Disadvantages

Geographical constraints and limited access to resources.

High responsibility and pressure to complete tasks adequately.

A variety of subjects and the constant need to update one's knowledge.

Flexible hours but can be very long and take overtime.

Increased competition for positions offering competitive salaries and benefits.

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