Real Estate Management involves overseeing and maintaining properties, ensuring they are well-kept and profitable. This includes tasks like finding and screening tenants, collecting rent, and handling repairs. Managers work to maximize the value of properties while providing a safe and comfortable living or working environment for tenants.
Additionally, Real Estate Managers often handle financial aspects, such as budgeting and forecasting expenses. They may also be responsible for marketing vacant properties to attract new tenants. By balancing the needs of property owners and tenants, Real Estate Management plays a crucial role in the real estate industry.