Property Management, Facilities Management
Property Management and Facilities Management are charged with the continuing management of a property's, or estate's, assets. Property management and facilities management professionals ensure that tenants are supported, buildings are in good condition, rent is paid, and current rental rates. The property manager in property management and facilities management plays a crucial role in balancing the books for a property owner, as the owner relies on them to manage any or all operational expenses for a building. A property management and facilities management property manager supervises building and renovation works, project manages progress and manages budgets.
A good entry point into property management and facilities management is as an Assistant Property Manager. At this level, property management and facilities management posts can start by interacting with clients, contractors and office staff and handling calls from tenants and owners. Property management and facilities management are also charged with orchestrating any necessary repairs and dealing with vendors. Assistant property managers in property management and facilities management are sometimes tasked with visiting properties, assembling property manager reports - and making calls to tenants overdue on rent. Property management and facilities management employees gather valuable market information such as rental rates in comparable properties, leases coming due, rent patterns and detailing the physical condition of properties and the current budgets.
The FM sector of property management and facilities management is a large and complex mixture of large service companies, specialist contractors, in- house departments, and consortiums. These property management and facilities management organisations deliver a full range of services - from design, through actual build and construction, investor finance, and facilities management. Market research suggests that, purely in the UK, the FM aspect of property management and facilities management is worth from £40billion to £95billion a year.
Much has been reported on facilities management because ‘outsourcing' is a key strategic management decision. Property management and facilities management have also been brought to the public's attention through PFI/PPP initiatives and increasing attention being paid to property management and facilities management by the financial and investment community. There are many facilities management posts in the property management and facilities management industry, offering positions in both the public and private sectors. Some of these posts in property management and facilities management carry other job titles, such as site manager or contracts manager. Facilities management careers in property management and facilities management require strong technical skills related to property, and broad management skills, such as business strategy, cost and budget analysis, and human resource management.
Whatever your role, or your aspirations, RAN Jobs is here to help you find the property management and facilities management jobs that you deserve.
The Recruitment Agency Network's members are well established recruitment agencies - who are there to help and advise you in reaching that goal.