What is one of the key responsibilities of a property manager?

Managing day-to-day operations of a property is a central responsibility of a property manager. This role involves overseeing various aspects of property management, including maintenance, tenant relations, rent collection, and ensuring that the property meets all safety and regulatory standards. The property manager acts as the liaison between the property owner and the tenants, making decisions that affect the operational aspects of the property.

In contrast, inspecting properties for potential buyers, buying and selling properties, and arranging mortgages for property buyers represent responsibilities that are typically associated with real estate agents or brokers, not property managers. These activities fall outside the scope of a property manager's duties, which focus more on the ongoing administration and maintenance of rental properties rather than transactions or sales.