Property Management is the daily update of the residential, industrial, or commercial real estate by the third party service. The property managers are responsible for the day-to-day maintenance and repairs, maintaining the security and upkeep of the property. The property managers generally work for the owners of the properties like private homes, industrial parks, shopping centers, and condominium complexes.

Roles of the Property Managers

  • Screening of the Potential Tenants
  • On behalf of the property owners, the drafting, signing, renewing, and leasing of the property
  • Rent collection
  • Maintaining properties including snow removals and the landscaping 
  • Take care of the important repairs that are required for the property 
  • Creating and adhering to a specific budget for the maintenance of the property
  • Marketing the properties in Eugene, Oregon
  • Handling Taxes and other legal requirements at the state and the national level

Types of Property Management

Just as there are different types of properties, there are also different types of property managers.

Residential Property Management 

The residential property managers are mainly hired for the rental properties so that they can manage the rental process of the 

  • Apartments
  • Condominiums
  • Single-family homes
  • Manufactured homes
  • Multi-family homes
  • Townhouses 
  • Vacation rentals

Industrial Property Management 

Industrial property management can help industrial properties by 

  • Helping with the distribution 
  • Manufacturing facilities like steel mills and automotive plants
  • Light manufacturing facilities like food wrapping 
  • Managing the warehouses

Commercial Property Management 

Commercial property owners may have different requirements than residential property owners. Commercial management is generally applied to 

  • Huge properties like gas stations, restaurants, and malls
  • Hotels and other public accommodations
  • Co-working spaces are rented hourly or daily basis
  • Office properties like doctor’s chambers, real estate, or IT offices.

Special Property Management 

There may be some specific property management service which does not come under the categories

  • Sports arenas
  • Universities and Schools
  • Theatres
  • Places of worship
  • Senior care homes

Duties of a Property Manager

  • Property managers provide supervision to determine the condition of the real estate property.
  • Various types of properties like a commercial, industrial, residential, and the property for special purposes are managed by the professional property managers.
  • Every state has different laws and standards set for the activities of property managers. The property manager has to abide by the rules and the standards.
  • All the day-to-day operations are managed by the property managers. Starting from screening the tenants to arranging for regular maintenance and emergency issues.
  • Draft the property management agreement, and lease agreement, sign and renew them on behalf of the owners.


Property managers’ work starts from the initial stages of screening the potential tenants till maintaining the day-to-day activities required for maintenance and repairs. They ensure that the tenants pay rent on time and the owners can maximize their returns. They also take care of the repairs and maintenance functions so that the tenants do not have any complaints regarding the owners.