Duties of a Property Manager

Demetrios Panteleakis is the president of Macmillan Group, a real estate company headquartered in West Springfield, Massachusetts. Under the leadership of Demetrios Panteleakis, Macmillan Group offers the full range of real estate services, including property management. 

Property managers play an important role in many aspects of a given property. In terms of tenant relations, they are typically responsible for setting rent prices based on prices in the area. Property managers often collect rent from tenants and assume responsibility for dealing with unpaid rents. In addition to finding new tenants and screening them before signing lease agreements, property managers enforce the terms of leases and manage tenant complaints. 

As the job title suggests, property managers also play a central role in overseeing the property itself. They typically handle all repairs, inspections, and maintenance. Working closely with the owners of the rental property, they communicate important information such as vacancy rates, income, and any legal issues that might arise.