Property Manager vs. Facility Manager: What’s the Difference?

Managers play important roles in organizations and business operations, and when it comes to owning and maintaining properties, the environment is no different. Managing a building or office space is no small task, and when it comes to owning multiple properties, keeping track of all the paperwork can be a real challenge. Property manager in Philadelphia are the foundation of any building, but these key players in real estate are often divided into property managers and facility managers. So what is the difference between the two?

What is a Property Manager?

A property manager’s focus is the maintenance of the building and answering to the owner or landlord. A property manager will be the one to oversee rent collection, maintenance, and reinvestments. In many cases, a property manager in Philadelphia also works as the middle person between tenants and the building owner or landlord. You can think of a property manager as a middleman of sorts, relaying information from the building owner or landlord to the tenants. Property managers are a crucial player in maintaining clear communication and a good relationship between tenants and building owners.

What about a Facility Manager?

For offices, a facility manager is the key to running an efficient business. Whereas a property manager in Philadelphia looks after rental units and tenants, a facilities manager looks after the building itself. Facility managers work to maximize office space, helping businesses make the most out of their workspaces. Some of the tasks a facility manager may look after include arranging a floorplan, coordinating moves, and organizing office programs. Facility managers commonly report to the business owner and work to create a comfortable and productive working environment.

Who Deals with What?

Let’s say there is a rental building that is found to not have enough parking spots. To address the issue, a property manager would be contacted. If that building were a business and a new office space was required, that is where a facility manager would step in. An easy way to think of it involves recognizing that facility managers handle worker and operations concerns whereas a property manager in Philadelphia is there to ensure a building is a safe environment that accommodates its tenants.

Working with a Property Manager

For any rental building, a property manager is needed to handle operations smoothly, to maintain the building, and to keep track of administrative tasks for a building owner. The responsibilities of a property manager in Philadelphia may vary from building to building, but no matter the workload, a property manager is at the core of any well-maintained property. For those who own multiple buildings, having a property manager at your side helps you keep track of all the ins and outs of your buildings, and it further helps you to maintain good relationships with tenants. A property manager can take care of administrative tasks, such as (but not limited to) setting and collecting rent, screening tenants, managing the property and the budget, and acting as an intermediary between you and your tenants. For more information contact property manager in Philadelphia.