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Real Estate Manager

AION Management Newark, DE
  • Expired: over a month ago. Applications are no longer accepted.

We are currently seeking a Real Estate Manager in Newark, DE. Under the direction of the Regional Real Estate Manager, the Real Estate Manager is responsible for ensuring excellent customer service in the daily management, coordinating all aspects of apartment community operations, maximizing cash flow while preserving assets, achieving budgeted NOI, providing a quality living environment for residents, and establishing a positive working environment for property team members.

Essential Duties and Responsibilities:

Financial

  • Oversee all financial performance of the property and work towards achieving budgeted NOI
  • Maximize cash flow at the property by minimizing delinquencies, ensuring timely rent collection, monitoring banking activities and daily deposits, and contacting residents to collect overdue rent
  • Ensure all Entrata data is correct by monitoring input and report functions, accuracy and timely preparation of leasing activities, A/R cash receipts, A/P Invoices, statements of disposition, monthly closing procedures, and late fees
  • Develop cost saving strategies in an effort to reduce budgeted expenses
  • Create annual operating budget and business plan with Accounting team and Regional Real Estate Director.
  • Conduct annual budget review with reporting Business Managers
  • Prepare financial statements in a timely fashion
  • Analyze income, expenses, traffic, lease expiration, market rents, delinquency financial statements, and make recommendations as needed
  • Approve all reports and invoices for reporting communities
  • Recommend and oversee all capital improvements, deferred maintenance and upgrade programs
  • Review and analyze all bid summaries for purchase of goods and services, monitor the vendors work, and guarantee accurate invoicing
  • Ensure that all contracted services and materials are accounted for and that the work has been performed properly prior to the release of payment
  • Process delinquent residents according to policy, collect late fees, and file on units at the appropriate deadline
  • Serve as property representative in court proceedings, understanding all property legal issues affecting residency, storage, abandonment, bankruptcy, fair housing and unlawful detainer/eviction actions

Marketing

  • Support the leasing team by leasing apartments, responding to telephone inquiries, qualifying applicants, show apartments, ensuring all move-in paperwork is accurately prepared
  • Monitor direction of rental activity and all on-site sales, marketing outreach, and advertising plans
  • Maintain on-going, in-depth knowledge of associated market, market rents and demographics to give a competitive edge
  • Evaluate and make recommendations for rental pricing
  • Monitor daily move-in/move-out reports
  • Verify weekly traffic sources, following up on prospect status and closing ratio numbers and implement programs and team development plans to improve results
  • Monitor compliance with Fair Housing regulations, Tax Compliance regulations, and other laws as they relate to property specific guidelines and occupancy standards
  • Maintain passing e-shop, phone shop, and physical shop scores of 85% or higher.

Customer Service

  • Complete a daily inspection of the property and market-ready units
  • Monitor and direct service operations to ensure service requests are completed within 24 hours and curb appeal standards are met
  • Supervise safety and risk management functions including coordinating monthly safety meetings
  • Review resident retention programs, in an effort to continue to meet residents needs and improve retention
  • Provide excellent customer service and display courteous and professional attitude toward all customers
  • Maintain availability or coverage for emergencies, on-call duties, resident functions, and weekends

Administrative

  • Review bid summaries, service contracts, vendor information and insurance documentation.
  • Attend staff meetings and safety meetings for each property in portfolio on a regular basis
  • Conduct monthly written property inspections and determine appropriate action needed
  • Standardize all property operations and initiate changes as needed
  • Perform other duties as required

Personnel Development

  • Recruit and select team members by understanding and adhering to the company's selection process policies and procedures
  • Train, coach, and mentor team members, working with the training department as well as providing on-going feedback
  • Create a team environment by holding weekly team meetings, establishing realistic goals, and fostering open communication
  • Generate employee schedules and audit missed punches
  • Monitor schedules and missed punch forms for reporting properties
  • Provide ongoing feedback to team members
  • Provide recommendations for compensation adjustments, promotions, and terminations
  • Perform other duties as required

Requirements:

  • High School Diploma or equivalent, Bachelor’s degree or CPM highly preferred
  • At least 5-6 years property management experience
  • Minimum 2-3 years supervisory experience
  • Working knowledge of eviction law, Fair Housing mandates and other legal issues affecting property management
  • Excellent English communication skills, both verbal and written
  • Strong computer skills, especially in the Microsoft Office Suite, experience in Entrata preferred
  • Must be able to walk apartments and grounds, including steps and climbing stairs
  • Occasionally requires lifting 20 pounds or less.
  • Required Shift: 9am-6pm

Aion offers a competitive compensation, bonus program, 10 paid holidays per year, paid sick and vacation days and an excellent benefit package which includes a 401k matching program!

AION Management

Why Work Here?

Great company and great opportunity!

AION Management is a "Best in Class" property management company that provide excellent customer service and value for our residents. We are one of the fastest growing property management companies in the Mid-Atlantic region managing more than 10,000 apartment homes.

Address

Newark, DE
Newark, DE
USA

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