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The Bainbridge Companies
Bethesda, MD | Full Time
$114k-154k (estimate)
4 Months Ago
Donohoe Companies Inc., The
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Donohoe Companies Inc., The
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ZRS Management
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Confidential
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Donohoe Companies Inc., The
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Regional Property Manager
$114k-154k (estimate)
Full Time 4 Months Ago
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The Bainbridge Companies is Hiring a Regional Property Manager Near Bethesda, MD

The Regional Manager or (RM) has full responsibility for maximizing the long-term operating performance of his or her portfolio of communities. Effective personnel management and development, a thorough understanding of the competitive market and high standards for customer service, the physical condition of the communities and operating procedures are essential to the successful management of the portfolio.The ideal candidate will be able to conduct themselves in a professional and friendly manner; a proactive self-starter who possesses exceptional multi-tasking and communication skills, both oral and written. The ability to exercise good judgment, prioritize tasks in order to operate effectively in a fast-paced environment, exhibit a high degree of flexibility, and to build strong relationships with other departments, contractors, and vendors is critical in order to accomplish tasks and achieve goals. In addition, the ideal candidate will be skilled in many areas including, but not limited to: monitoring property performance, controlling expenses, supervising managers, staffing and team building, interacting with third party ownership, managing due diligence processes, acquisitions and dispositions, capital improvement projects, preparing and reviewing monthly and quarterly variance and forecast reports, rental pricing, ensuring adherence to Fair Housing practices, and landlord tenant laws and maintaining customer satisfaction.MAJOR GOALS AND RESPONSIBILITIES:Responsible for the total onsite operations of their assigned portfolio of properties. Supervision of overall operations to optimize performance of portfolio and achieve company goals. Development and successful implementation of annual operation and capital improvement budgets. Preparation of monthly management and financial reports. Recruit, train, develop and motivate onsite teams. Analysis of local market conditions and trends. Vendor and contract management. Marketing/analysis of traffic patterns and closing ratios. Assist in development and adherence to policies and procedures. Establishing optimal rental rates. ESSENTIAL ACTIVITIES: Personnel Management Recruit and retain a team of service-oriented, business-minded property management professionals consistent with standards of being the best in the industry. Train and develop a team of Property Managers so that as a company we can promote from within as a rule, not an exception. Support and develop the Property Managers in their role of managing personnel at the site level and developing a thorough understanding of our business.Competitive Market Position: Develop a sales culture where everyone at the property level understands that their main job is to lease apartments — this is the key to driving revenues. Develop strong marketing and customer service skills at the property level — this is also key to driving revenues. Ensure that all Property Managers fully understand the competitive environments in which they operate. Anticipate changes in the market and make appropriate strategic adjustments. Ensure that Property Managers are proactive in setting rents and positioning their properties. Review weekly, taking into account lease expirations, make-ready costs, etc. in order to minimize turnover costs. Maintain a thorough understanding of the portfolio’s competitive environment on a submarket by submarket basis.Physical Condition of Assets: Oversee physical inspections of all areas of the assets in order to evaluate their condition relative to health, safety, risk management, asset preservation, customer service, and company standards. Recommend needed capital improvements. Adhere to company’s operating standards. Ensure that all Property Managers are focused on the status of their properties on a 90-day forward looking basis and against weekly and 30-day goals. This includes understanding the importance of limiting exposure, the implications of lease expirations and turnover in light of market conditions, and the effects of seasonally and other market cycles. Conduct regular site visits to ensure that all office and maintenance procedures are being adhered to, including audits of lease and office files, revenue collection procedures, cash and expense control, customer service programs, vendor relations and contracts, service request systems, various local, state, and federal government regulations, make ready standards and preventive maintenance programs. Ensure timely and accurate preparation of various weekly, monthly, quarterly, and annual reporting.Financial Performance: Full accountability for the financial performance of their portfolio. Develop operating budgets for individual properties with the assistance of the Vice President and Property Managers consistent with the property’s strategic objectives. Review and approve or negotiate and seek approval for all contracts within limits as determined by budget, authorization levels, and management agreements. Recommend for approval and implement revenue-enhancing capital improvements and capital programs for expense reduction. Monitor performance relative to budget using the various weekly, monthly, quarterly, YTD and other reports available from the site. Anticipate and get approval of any significant departures from budget in advance. Refine forecast for individual properties as required based on YTD and anticipated performance. Effectively communicate property results, employee performance, and any other relevant property operation results to Vice President and/or property owners.Requirements: Effective personnel management and development, a thorough understanding of the competitive market and high standards for customer service, the physical condition of the properties and operating procedures are key to successful management of the portfolio Additional preferred qualifications include: Four-year college degree from an accredited institution; degree in business or related field is preferred Five to seven years of professional experience; this includes experience in real estate asset and/or property management. Multi-family experience is required. Experience in a fast-paced, rapid growth environment will be helpful; Five (5) years supervisory experience required. Sales experience. Strong financial experience required. Class A, B, and C asset experience required including repositioning and lease up. Realpage experience preferred. Third-Party Management Experience preferred. Strong commitment to company goals and values. Demonstrated leader. Strategic thinker. Strong communication skills. High level of professionalism. Teacher and team builder. Team player. High tolerance for ambiguity and change. Computer literacy, including Excel, Microsoft Word, PowerPoint, Internet and e-mail.Willing to travel as needed.

Job Summary

JOB TYPE

Full Time

SALARY

$114k-154k (estimate)

POST DATE

12/02/2022

EXPIRATION DATE

12/21/2022

WEBSITE

bainbridgere.com

HEADQUARTERS

Jacksonville, FL

SIZE

50 - 100

Show more

Bainbridge Companies
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11 Months Ago
Bainbridge Companies
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The job skills required for Regional Property Manager include Property Management, Customer Service, Communicates Effectively, Communication Skills, Analysis, Risk Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Regional Property Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Regional Property Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Regional Property Manager positions, which can be used as a reference in future career path planning. As a Regional Property Manager, it can be promoted into senior positions as a Commercial Property Manager III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Regional Property Manager. You can explore the career advancement for a Regional Property Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Regional Property Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Regional Property Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Regional Property Manager job description and responsibilities

A regional property manager oversees operations for multiple properties within a specific district or area.

03/13/2022: Binghamton, NY

Regional property managers are responsible for everything from finding and qualifying tenants, all the way to overseeing the maintenance of the properties of a particular region.

03/27/2022: San Francisco, CA

Regional property managers often have a lot on their plate throughout the day.

02/15/2022: Riverside, CA

Property management services are designed around the owner's particular needs.

03/28/2022: Boulder, CO

Determine property maintenance requirements, review contractor bids and negotiate maintenance contracts.

02/26/2022: Gulfport, MS

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Regional Property Manager jobs

Make communication a core competency.

02/23/2022: Harlingen, TX

Successful property managers do not procrastinate.

03/06/2022: Medford, OR

Get up to speed and stay current on all things related to property management.

02/22/2022: Las Cruces, NM

Develop a system to find the right tenant.

03/19/2022: Huntsville, AL

Have a long-term strategy and set goals.

03/11/2022: Ann Arbor, MI

Step 3: View the best colleges and universities for Regional Property Manager.

SUNY College of Technology--Alfred
Manhattan College
Pennsylvania College of Technology
SUNY College of Technology--Delhi
Vermont Technical College
Tuskegee University
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