Regional Property Manager
Beztak
On-site
Memphis, Tennessee, United States
Beztak, a national Real Estate Development, Construction, and Property Management company, wants you to join our family of talented individuals. We are seeking to hire bright, dynamic leaders who have a passion for service and a commitment to excellence.
Beztak is looking to hire a Regional Manager to join our team. The Regional Manager directs and oversees the overall operation of the apartment communities within their region. This is a vital position within the organization in order for the company to maintain its financial stability and be in a position to continue to develop real estate.
We are looking for an individual based in the Memphis, TN area.
ESSENTIAL FUNCTIONS:
- Inspect each property on a monthly basis.
- Ensure that vacants are prepared for occupancy within seven days to company standards.
- Maintain the exterior curb appeal of the property to the highest standards of repair and cleanliness.
- Develop, implement and achieve the annual property budget.
- Be directly involved with the bidding and acceptance of all service and contracts.
- Establish written goals for the property to achieve in every area of the operation.
- Prioritize the Property Manager's workload.
- Ensure that the on-site staff members are performing at or above acceptable levels.
- Maintain control of expenditures.
- Ensure that the best products and services are purchased for the best prices.
- Ensure that the vendors are paid in a timely manner – do not allow bills to be carried over to a new year.
- Study and analyze the weekly report each week to enable you to set goals and pricing and adjust your overall positioning of the property.
- Maintain a current knowledge of each property's competition; how their product and property compare with ours, review monthly "Market Studies" to know how their prices, terms and specials affect your property. Shop one competitor per week.
- Continually monitor your individual property websites, and reputation media sites such as Yelp, Apartment Ratings.com, and Facebook.
- Adjust and raise rents when possible.
- Maintain the highest possible occupancy by developing and adjusting "Marketing Plans" which is continual strategy.
- Review/research the Profit and Loss Statement each month. Prepare a written Owner's Report and be prepared to discuss the results with the President of the Management Company on a monthly basis.
- Immediately notify the Vice President, Executive Vice President, President and Principals of emergency or crisis situations day or night.
- Inform the Vice President of all legal matters regarding the property.
- Set a good example for all on-site personnel.
- Interview, hire and train the Property Manager.
- Assist the Property Manager in recruiting, hiring, training, motivating, evaluating, and terminating other on-site personnel.
- Approve all on site compensation within budget and company guidelines.
- Review standard and procedure updates and changes with the Property Manager and staff to ensure company systems are followed.
- Analyzing the availability of units, study the notices received, condition of vacants, status of service requests, where traffic came from and how the leasing personnel are closing.
- Obtain estimates and prepare specifications for major capital expenditures.
- Monitor advertising, rates, deposits, and specials of competition and adjust as needed with final approval by the Executive Vice President and/or owner.
PERSONAL QUALITIES:
- Excellent leadership skills
- Strong attention to detail
- Able to remain calm under pressure
QUALIFICATIONS AND EDUCATION:
- Bachelor’s degree, strongly preferred
- Experience as a Multifamily Regional Manager, or 5years’ experience in related role
- Experience overseeing a minimum of 1,200 units across multiple properties
- Able to travel as needed
- Experience writing budgets and forecasts
- Real Estate License is preferred. You may be required to obtain within the first 90 days.
- Yardi experience desired.
BEZTAK PERKS & BENEFITS:
Beztak has an exciting, growth-focused culture, and we strongly believe in promotion from within. While certain positions require past work experience in a specific role, you don’t have to have any experience in property management to join the Beztak team. Beztak culture is one that is built upon the three E’s: Excellent, Ethical and Effective, and we pride ourselves on benefits programs and perks that take care of our team.
Some of our most popular benefits include:
- 401(k) with an employer match for every dollar contributed, up to 6% of eligible compensation
- Generous Paid Time Off in addition to paid company holidays and a “Float” Holiday to celebrate a day or holiday that you hold special
- Life Insurance, provided at no cost to the employee.
- Five medical plan options – several including a Health Savings Account with an employer contribution
- Employee Assistance Program – free, and confidential services for a variety of needs: counseling, pet care, financial services, vacation planning, and more!
- Employee Referral Program
- Tuition Reimbursement Program
PHYSICAL DEMANDS
The position requires prolonged periods sitting at a desk and working on a computer. You will also frequently walk, stand, and communicate with co-workers, guests, residents, and the public.
WORK ENVIRONMENT
This position typically operates indoors in an air-conditioned office, with a mixture of natural, incandescent and fluorescent light. You will also periodically be confined to a vehicle.
REASONABLE ACCOMODATION STATEMENT
Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions of the position.