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What does a regional property manager do?

Updated January 8, 2025
8 min read
What does a regional property manager do

A regional property manager is in charge of overseeing the maintenance and operations of commercial and residential properties in a particular area, ensuring efficiency and smooth workflow. Their responsibilities include setting goals and objectives, coordinating with staff, managing budgets and schedules, producing progress reports and presentations for the executives, and resolving issues promptly and efficiently. Furthermore, a regional property manager spearheads the efforts put into advertising properties for potential clients, approving applications, and terminating leases, all while implementing the company's policies and regulations.

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Regional property manager responsibilities

Here are examples of responsibilities from real regional property manager resumes:

  • Manage a portfolio of 11 walk-up and high-rise condominiums and cooperatives (275 units).
  • Manage all site communication channels including multiple internal sites such as SharePoint and other corporate community base resources for Arizona.
  • Maximize the operating efficiency and financial performance of the portfolio by developing strategic plans for enhance performance.
  • Monitor LIHTC files for accuracy and compliance.
  • Draft corrective and conveyance deeds if necessary to correct foreclosure deed.
  • Work with all type of insurance companies including Medicare & Medicaid.
  • Help to create the company employee handbook and assist in the conversion from AMSI to YARDI.
  • Prepare and create all properties policies in compliance with HUD regulations and wrote/rewrote the SMC management agent handbook.
  • Pass all ongoing audits for HUD and SAHA through organization of files maintaining full compliance for project base program.
  • Work with construction team to efficiently schedule the turnover of units for releasing on LIHTC properties which are being totally renovate.
  • Complete monthly Medicaid eligibility verifications for all agencies within the region.
  • Provide oversight to capital improvements and awareness of properties for improvement and perfect inspections.
  • Introduce Yardi accounting software and integrate operations to create financial packages for review and asset manager approval.
  • Maintain supervision of day-to-day operations and have full knowledge and oversight responsibility of the properties within the geographic region.
  • Utilize canvassing/prospecting tools and techniques to effectively cultivate potential tenants for local, regional and nation leasing programs within the portfolio.

Regional property manager skills and personality traits

We calculated that 14% of Regional Property Managers are proficient in Property Management, Portfolio, and Customer Service. They’re also known for soft skills such as Interpersonal skills, Listening skills, and Organizational skills.

We break down the percentage of Regional Property Managers that have these skills listed on their resume here:

  • Property Management, 14%

    Provide property management services for a 75-property portfolio in Greater Boston North territory of this leading communications and cable service provider.

  • Portfolio, 13%

    Directed all property operations within my assigned portfolio and ensured that the financial and business objectives were being achieved.

  • Customer Service, 8%

    Directed maintenance team to provide outstanding customer service and efficiently complete all work orders, turnovers and ongoing capital improvements.

  • Real Estate, 7%

    Negotiate real estate property transactions pursuant to site development and improvement of tower assets.

  • Yardi, 6%

    Helped to create the company employee handbook and assist in the conversion from AMSI to YARDI.

  • Financial Performance, 5%

    Formulate and manage operational, capital budget and track and report on the financial performance of the communities.

"property management," "portfolio," and "customer service" are among the most common skills that regional property managers use at work. You can find even more regional property manager responsibilities below, including:

Interpersonal skills. One of the key soft skills for a regional property manager to have is interpersonal skills. You can see how this relates to what regional property managers do because "property, real estate, and community association managers interact with different types of people every day." Additionally, a regional property manager resume shows how regional property managers use interpersonal skills: "mortgage default/property preservation industry- 2008 to present staff management: respected team leader with excellent interpersonal skills. "

Listening skills. Another essential skill to perform regional property manager duties is listening skills. Regional property managers responsibilities require that "property, real estate, and community association managers pay attention to residents and proprietors in order to understand and meet their needs." Regional property managers also use listening skills in their role according to a real resume snippet: "communicated regularly with the director of property management. "

Organizational skills. Another skill that relates to the job responsibilities of regional property managers is organizational skills. This skill is critical to many everyday regional property manager duties, as "property, real estate, and community association managers must be able to plan, coordinate, and direct multiple contractors at the same time, often for multiple properties." This example from a resume shows how this skill is used: "implemented organizational changes, with ensured hud status designation, change from troubled agency to standard performer. "

Problem-solving skills. A big part of what regional property managers do relies on "problem-solving skills." You can see how essential it is to regional property manager responsibilities because "property, real estate, and community association managers must be able to mediate disputes or legal issues between different groups of people, such as residents and board members." Here's an example of how this skill is used from a resume that represents typical regional property manager tasks: "certified for tax credit cp3 and cp4 also for rural development through compliance solutions. "

Customer-service skills. Another common skill required for regional property manager responsibilities is "customer-service skills." This skill comes up in the duties of regional property managers all the time, as "property, real estate, and community association managers must provide excellent support to keep existing clients and expand their business with new ones." An excerpt from a real regional property manager resume shows how this skill is central to what a regional property manager does: "managed resident relations to ensure customer satisfaction and resident retention. "

Communication skills. Another skill commonly found on regional property manager job descriptions is "communication skills." It can come up quite often in regional property manager duties, since "property, real estate, and community association managers must understand contracts and must be able to clearly explain the materials and answer questions raised by residents, board members, or service providers." Here's an example from a resume of how this skill fits into day-to-day regional property manager responsibilities: "provision of clear, concise and timely communication of financial and operational performance to owner/investors of multi-million dollar real estate assets. "

Most common regional property manager skills

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Compare different regional property managers

Regional property manager vs. Leasing agent

A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms. Moreover, a leasing agent also acts as the landlord because they serve as the tenants' point of contact regarding issues and concerns, conduct property inspections, and manage the properties' maintenance operations, coordinating with the owners regularly.

We looked at the average regional property manager salary and compared it with the wages of a leasing agent. Generally speaking, leasing agents are paid $46,128 lower than regional property managers per year.While the two careers have a salary gap, they share some of the same responsibilities. Employees in both regional property manager and leasing agent positions are skilled in property management, customer service, and yardi.

There are some key differences in the responsibilities of each position. For example, regional property manager responsibilities require skills like "portfolio," "real estate," "financial performance," and "tax credit." Meanwhile a typical leasing agent has skills in areas such as "rent payments," "background checks," "process applications," and "property tours." This difference in skills reveals the differences in what each career does.

Leasing agents tend to make the most money working in the retail industry, where they earn an average salary of $36,389. In contrast, regional property managers make the biggest average salary, $85,223, in the professional industry.On average, leasing agents reach similar levels of education than regional property managers. Leasing agents are 4.4% less likely to earn a Master's Degree and 0.1% less likely to graduate with a Doctoral Degree.

Regional property manager vs. Leasing professional

A Leasing Professional is responsible for handling and coordinating with potential tenants for rental purposes. Leasing Professionals discuss the leasing terms and agreements with the clients, conduct property inspections, and identify possible repairs and renovations. They also evaluate the current market performance to negotiate pricing and payment procedures. A Leasing Professional must have excellent communication and organizational skills, especially in processing lease documents efficiently, responding to clients' inquiries and concerns, and adhering to state regulations and policies.

A career as a leasing professional brings a lower average salary when compared to the average annual salary of a regional property manager. In fact, leasing professionals salary is $46,844 lower than the salary of regional property managers per year.While the salary may differ for these jobs, they share a few skills needed to perform their duties. Based on resume data, both regional property managers and leasing professionals have skills such as "customer service," "yardi," and "resident retention. "

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that regional property manager responsibilities requires skills like "property management," "portfolio," "real estate," and "financial performance." But a leasing professional might use other skills in their typical duties, such as, "property tours," "lease renewals," "work ethic," and "background checks."

Leasing professionals earn a lower average salary than regional property managers. But leasing professionals earn the highest pay in the finance industry, with an average salary of $35,035. Additionally, regional property managers earn the highest salaries in the professional with average pay of $85,223 annually.leasing professionals earn similar levels of education than regional property managers in general. They're 4.7% less likely to graduate with a Master's Degree and 0.1% less likely to earn a Doctoral Degree.

Regional property manager vs. Leasing consultant

A Leasing Consultant specializes in helping property owners secure tenants for their rental properties. Most of the responsibilities include coordinating with landlords to find suitable occupants, posting rental notices and advertisements on various platforms, and monitor the quality of every rental property. Furthermore, Leasing Consultants must ensure that the tenants will be able to uphold the leasing agreements by screening potential applications through particular requirements, evaluating and verifying the applicant's documentation, and negotiating the contract terms.

On average scale, leasing consultants bring in lower salaries than regional property managers. In fact, they earn a $47,059 lower salary per year.regional property managers and leasing consultants both have job responsibilities that require similar skill sets. These similarities include skills such as "property management," "customer service," and "yardi," but they differ when it comes to other required skills.

The required skills of the two careers differ considerably. For example, regional property managers are more likely to have skills like "portfolio," "real estate," "financial performance," and "tax credit." But a leasing consultant is more likely to have skills like "data entry," "product knowledge," "phone calls," and "property tours."

Leasing consultants earn the best pay in the finance industry, where they command an average salary of $33,561. Regional property managers earn the highest pay from the professional industry, with an average salary of $85,223.When it comes to education, leasing consultants tend to earn similar degree levels compared to regional property managers. In fact, they're 4.1% less likely to earn a Master's Degree, and 0.3% less likely to graduate with a Doctoral Degree.

Regional property manager vs. Manager

Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.

Managers tend to earn a lower pay than regional property managers by an average of $21,137 per year.While their salaries may vary, regional property managers and managers both use similar skills to perform their duties. Resumes from both professions include skills like "customer service," "financial statements," and "financial reports. "Each job also requires different skills to carry out their responsibilities. A regional property manager uses "property management," "portfolio," "real estate," and "yardi." Managers are more likely to have duties that require skills in "payroll," "food safety," "management," and "powerpoint. "The finance industry tends to pay the highest salaries for managers, with average annual pay of $71,781. Comparatively, the highest regional property manager annual salary comes from the professional industry.In general, managers hold similar degree levels compared to regional property managers. Managers are 0.1% less likely to earn their Master's Degree and 0.2% more likely to graduate with a Doctoral Degree.

Types of regional property manager

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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