Property Manager vs. Community Association Manager: What’s the Difference?
One of the most common misconceptions among homeowners is the idea that Property Managers and Community Association Managers are one and the same. While they might share a few specific responsibilities, they are distinctly different professions. This distinction is important to make as it can cause serious problems when state legislatures pass laws that affect the industry based on this false assumption.
Property Managers spend most of their time dealing with tenants and reporting directly to the owner of a rental unit or units. The properties they spend their time on range from apartment complexes to vacation homes. Their day-to-day responsibilities include collecting rent, showing vacant units to prospective tenants, and arranging repairs for items inside the unit. Their main focus is to ensure that the maximum number of properties are rented with the highest possible revenues. Property managers are responsible […]