Residential Property Management

Definition of Residential Property Management as it relates to Real Estate, Residential Real Estate, Real Estate Broker

Residential Property Management refers to the oversight and maintenance of residential real estate properties, including apartment complexes, condominiums, and single-family homes. This includes tasks such as collecting rent, coordinating repairs and maintenance, and handling tenant issues. As a subcategory of Real Estate Broker, it involves buying, selling, renting or leasing properties on behalf of clients. It is closely related to Residential Real Estate, which focuses on residential properties specifically, and Real Estate, the broader category that includes all types of property.

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