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Licensed Institutional Property Manager

2 months ago


Minneapolis, United States Pure Property Management Full time
Job DescriptionJob Description

PURE Property Management is looking for a Licensed Institutional Property Manager. Come join our team


PURE Property Management offers a comprehensive package of benefits such as: Healthcare coverage, a 401K plan with a 4% instantly vested match, health savings accounts for eligible plans, generous vacation and sick time, dental and vision plans, life, and disability policies, equity compensation and more


Pay Range: $68,000 To $72,000 Annually

Pay Frequency: Biweekly

Position Hours: 40 Hours/Week

FLSA: Exempt

The Licensed Institutional Property Manager is accountable for all property operations. The purpose of the Property Manager is to effectively manage and coordinate persons, activities, and available resources in order to accomplish Company objectives in concert with objectives set forth by the owner. These objectives include maximizing occupancy levels and property values.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
What you will do:

Conduct all business in accordance with company policies and procedures, Fair Housing, Americans with Disabilities Act, Fair Credit Reporting Act, applicable state statutes and all other laws pertaining to residential rentals, whether local, state, or federal. May require an active real estate license, in good standing, as required by each State’s regulations.

  • Ensure that all invoices are reviewed and approved and coordinate with the property owner to provide the necessary funds for paying invoices, as applicable
  • Monitor delinquency status of monthly rents, communicating with owner as appropriate
  • Send “Demand Letters,” issue Notices, initiate eviction actions, make court appearances, and any other necessary tasks to follow up on delinquent rents
  • Communicate with maintenance team members and keep abreast of maintenance activities at properties, keeping owner informed as appropriate
  • May participate in application approval process
  • Assist owners with questions/explanations concerning owner’s financial statements
  • Ensure that lease files are complete, and that completion of leases is being executed properly
  • Maintain records on all aspects of management activity on a daily, weekly, and monthly basis
  • Physically walk and inspect property as needed or when situation dictates
  • Ensure that the owner’s approval is secured prior to ordering maintenance or repairs more than the repair limit in the owner’s management agreement
  • Ensure security deposit dispositions are accurate and in accordance with timing required by state laws
  • Conduct market surveys and provide feedback on property pricing
  • Shop competition and be aware of neighborhood market conditions
  • Show available properties to prospective tenants and negotiate lease terms
  • Facilitate lease renewal process

GENERAL GUIDELINES:
What you will need to be successful:

  • Real Estate License in MN
  • Driver’s License in MN
  • 2 years of Residential Property Management Experience
  • Proficiency in Microsoft Office and Google Drive applications
  • General knowledge of Property Management software. PropertyWare is a plus



PURE Property Management is honored to be recognized by Forbes as one of America's Best Startup Employers in 2024 based on its reputation, employee satisfaction and growth.


Equal Employment Opportunity: We respect diversity and accordingly are an equal opportunity employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy), gender identity or expression (including transgender status), sexual orientation, marital status, veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws. It is PURE Employment LLC and Subsidiaries’ policy to recruit, employ, retain, promote, terminate, and otherwise treat all employees and job applicants on the basis of merit, qualifications and competence. Therefore, it is a violation of PURE Employment LLC and Subsidiaries’ policy to discriminate in the provision of employment opportunities, if that discriminatory treatment is, in whole or in part, based on actual or perceived protected characteristics.