Real estate manager/ company oversees the operational aspects of the properties. They prepare financial statements, supervise maintenance workers, and negotiate contractor, supplier and vendor contracts. They may also determine rental income rates.
![](https://www.aziza.com.ng/wp-content/uploads/2022/04/Strategy-Planning.jpg)
Real Estate Company Responsibilities
In real estate property management, the property manager or management company major areas of responsibilities are:
1. Getting Started: Introduction
The strategic management process is about getting from Point A to Point B more effectively, efficiently, and enjoying the journey and learning from it.
2. Phase Duration
1-2 weeks (1 hr meeting with Owner/CEO, Strategy Director and Facilitator (if necessary) to discuss information collected and direction for the continued strategic planning.)
3. Questions to Ask:
- Who is on your Planning Team?
- Who will be the business process owner (Strategy Director) of strategic planning in your organization?
- Fast forward 12 months from now, what do you want to see differently in your organization as a result of embarking on this initiative?