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Senior Property Manager, Condominiums

First Realty Management Corp
Somerville, MA Full Time
POSTED ON 2/20/2025
AVAILABLE BEFORE 5/15/2025

A family-owned and privately held property management company, First Realty Management has more than 65 years of experience and the industry knowledge to match. We combine the resources of a large company with the personal touch and attention to detail of a small, local firm.

At the core of it all, our talented employees make us stand out above the rest. While we perform as a top-tier property management company, we strongly emphasize our close-knit, family-owned foundation. Professional growth is encouraged through a commitment to educational advancement and learning opportunities from industry thought leaders. We create a sought-after community atmosphere by recognizing and celebrating those who go above and beyond. And above all else – we always put our team members first.

Job Functions :

Ensure properties operate within set financial guidelines and lead association budgeting efforts.

  • Develop a management plan for each site, delineating how property is to be managed; work with the board to determine their needs, operate in accordance with the governing documents, identify the resources necessary, and obtain the board's approval.
  • Ensure appropriate management fees for each property are being charged.
  • Ensure each site is managed efficiently and effectively by, providing oversight, coaching, guidance, and support to the property manager on all aspects of their responsibilities.
  • Provide an additional level of oversight, as required, on capital improvement and other major projects.
  • Oversee site manager regarding association and homeowner insurance claims :
  • Assist directors and executive team in designing and selling capital and other project fees to current and new clients.
  • Work with executives and directors on other corporate initiatives as needed.
  • Maintain and improve Trustee and owner relations, by providing a higher level of expertise on routine and non-routine property matters. Assist the manager in solving complex issues, with complicated collection efforts, non-routine budgeting matters, and challenging maintenance issues.

Requirements :

Skills and Abilities :

  • Proven ability to manage people, and large-scale projects and oversee the implementation of long-term goals.
  • Demonstrated ability to effectively delegate, train, coach, and motivate team members.
  • Ability to have the flexibility and adapt to changing work schedules, requirements, and scope.
  • Ability to exercise sound judgment.
  • Superior skills in leadership, judgment, initiative, and discretion
  • Excellent communication skills, both verbal and written business English
  • Excellent time management skills with the ability to multi-task
  • Ability to understand budgets and financial reporting.
  • Proficient in MS Office, and property management software such as SenEarthco, StrongRoom, and Jenark
  • Ability to travel to various sites as needed.
  • Knowledge of facilities and vendor management
  • Knowledge of condominium documents and how to administer them.
  • Experience :

  • Five plus years of experience in condominium management
  • Experience overseeing multiple staff members.
  • Five plus years of experience working with contractors and designers overseeing and negotiating renovation contracts.
  • Experience in other forms of residential management is also desirable.
  • Level of Education / Training / License :

  • Bachelor’s degree in business preferred.
  • Contractors License preferred.
  • Other formal industry-related certifications, such as CPM and AMS, PCAM, are preferred.
  • Affiliation with CAI or other recognized condominium trade association.
  • Benefits :

  • Sign-on Bonus
  • Paid Vacation, Holidays, PTO / Personal leave.
  • 401(k) plan
  • Health, Vision, and Dental Insurance.
  • Life Insurance, Short- & Long-Term Disability.
  • Flex spending accounts & Transportation expense accounts.
  • Opportunity for professional growth and development.
  • An EOE / Veterans / Disabled Employer :

    If you need an accommodation to apply due to a disability or protected veteran status, please contact HR at 617-423-7000, ext. 3772.

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