Estate Manager
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Estate Manager
A property manager or estate manager is a person or firm charged with operating a real estate property for a fee when the owner is unable to attend to such details personally or is not interested in doing so. The property may be individual title owned or owned under the sectional title, share block company owned, and may be registered for residential, commercial office, and retail or industrial use. In 2006, the Bureau of Labor Statistics Office of Occupational Statistics reported that there were 329,000 property managers employed in the United States, with the number expected to grow to by 50,000 by 2016. Overview of responsibilities Typical duties expected of a property manager include finding/evicting, dealing with tenants, and coordinating with the owner's wishes. In addition, such arrangements may require the property manager to collect rents and pay necessary expenses and taxes, making periodic reports to the owner, or the owner may delegate specific tasks and deal with ot ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person ...
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Bureau Of Labor Statistics
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the United States Department of Labor, and conducts research measuring the income levels families need to maintain a satisfactory quality of life. BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today's rapidly changing economic conditions, accuracy and consistently high statistical quality, impartiality in both subject matter and presentation, and accessibility ...
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Alpha Books
Alpha Books, a member of Penguin Random House, is an American publisher best known for its Complete Idiot's Guides series. It began as a division of Macmillan. Pearson Education acquired Macmillan General Reference from Simon & Schuster in 1999. Alpha moved from Pearson Education to Penguin Group in 2003. Alpha became part of sister company DK in 2012. , the Complete Idiot's Guides contains over 120 books. References External links Alpha Booksat Penguin Group (USA) Penguin Group is a British trade book publisher and part of Penguin Random House, which is owned by the German media company, media Conglomerate (company), conglomerate Bertelsmann. The new company was created by a Mergers and acquisitions, mer ... Book publishing companies based in New York (state) Penguin Random House Publishing companies established in 1991 1991 establishments in New York (state) {{Publish-company-stub ...
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Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the management of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise th ...
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Building Owners And Managers Association
The Building Owners and Managers Association (BOMA International), founded in 1907, is a professional organization for commercial real estate professionals based in the United States and Canada. Its membership includes building owners, managers, developers, leasing professionals, corporate facility managers, asset managers, and the providers of the products and services needed to operate commercial properties and it publishes ''The BOMA magazine''. BOMA's U.S. membership represents a combined total of nearly 10.4 billion square feet of office property that supports approximately 1.8 million jobs. Purposes Advocacy is key function of BOMA International staff who monitor and lobby pertinent legislative, regulatory and codes/standards issues, including electricity deregulation, capital gains tax relief, telecommunications, indoor air quality, private property rights, risk assessment, and codes and standards. BOMA International has been working towards securing goals in capital gain ...
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Real Property Administrator
__NOTOC__ The Real Property Administrator (RPA) designation is a professional designation for commercial property managers awarded to people with years of experience after completing the Building Owners and Managers Association advanced study program. 2] Building Owners and Managers Institute (BOMI) International, an independent Nonprofit institution, nonprofit institute for property and facility management education, administers the designation. The program covers all aspects of operating a commercial property and maximizing a net income while minimizing risk. Required coursework includes: * Law and Risk management * Budgeting and accounting * Environmental health and safety * Business ethics * Real estate investment and finance * Design operation and maintenance of building systems See also * English land law English land law is the law of real property in England and Wales. Because of its heavy historical and social significance, land is usually seen as the most import ...
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Institute Of Real Estate Management
An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute" (see Institute of Technology). In some countries, such as South Korea and India, private schools are sometimes referred to as institutes, and in Spain, secondary schools are referred to as institutes. Historically, in some countries institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from a Latin word ''institutum'' meaning "facility" or "habit"; from ''instituere'' meaning "build", "create", "raise" or "educate". ...
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Certified Property Manager
Certified Property Manager (CPM) is a real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ... professional designation awarded by the Institute of Real Estate Management (IREM) and recognized by the National Association of Realtors (NAR). The Institute offers a comprehensive program developed exclusively for property and asset managers working with different size portfolios of all property types. The designation is considered to be among the industry's premier real estate management credentials. There are over 8,600 professional real estate managers who hold this designation worldwide. CPM members manage approximately $900 billion in real estate assets. To attain the CPM designation, the candidate must join IREM, which costs about $500 a year, and join the local IREM chapt ...
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Manufactured Housing Institute
The Manufactured Housing Institute (MHI) is a U.S. trade organization representing companies and organizations that are involved in the production, sale and financing of manufactured housing, prefabricated home and modular home units. The MHI hosts trade conferences, coordinates lobbying before the United States Congress and state legislatures on issues relating to manufactured housing, compiles and publishes data relating to industry sales and provides marketing and public relations support to raise the awareness of manufactured housing. The organization was created in 1975 and is headquartered in Arlington, Virginia. It maintains statewide chapters across the country. See also Property management Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monit ... Property manager References Ex ...
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National Apartment Association
The National Apartment Association (NAA) is a non-profit trade association in the United States of apartment communities, owners and vendors. These member companies are also part of NAA with their membership at the local level. Members represent the various facets of the multifamily housing industry: apartment owners, management executives, developers, builders, investors, property managers, leasing consultants, maintenance personnel, vendors and related business professionals throughout the United States and Canada. NAA has its headquarters in Arlington, VA. Robert Pinnegar currently serves as the organization's president and chief executive officer. NAA lobbies for policies that benefit owners and operators. Its educational offerings are designed to maximize profits and limit liability and renters' rights. NAA also publishes a trade magazine, ''UNITS'' National Apartment Association Education Institute (NAAEI) That National Apartment Association also provides education c ...
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National Center For Housing Management
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator g ...
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Property Caretaker
A property caretaker is a person, group, or organization that cares for real estate for trade or financial compensation, and sometimes as a barter for rent-free living accommodations.Dunn, Gary"Property Caretaking Rent Free"Escape Artist Magazine and Website Accessed May 2010. Duties and functions The caretaking profession includes positions as housesitters, ranch sitters, bed & breakfast and innsitters, property managers, estate managers, and hosts at resorts or campgrounds. Caretakers are sometimes used by property owners who are unwilling or unable to hire a professional management company. Many homeowners who rent their properties may hire caretakers instead of property managers in order to save money. Caretakers are not licensed by any state or local authority and are often relatively cheaper than their professional counterparts. In the UK, a number of buildings have a live-in caretaker whose part-time responsibilities might include letting tradesmen in, taking in parcel ...
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