Lease Up Property Manager

Job Classification: Exempt

Reports To: Portfolio Director

Real Estate Equities is looking for a Lease Up Property Manager to join our team! Agave house is 216 units and one (1) building located in Casa Grande, AZ. This is a brand-new building opening in June 2024. The start date for the management position would be May 2024.

Real Estate Equities offers competitive pay including base pay of $50,000 - $60,000 salary dependent on your qualifications in addition to lease-up bonuses and commissions. Commissions are uniform at $100.00 per move-in. Commissions are paid monthly after a move-in is completed. Goal completion bonuses are paid out according to property specific lease-up bonus pool. The bonus pool and potential payouts will be contingent upon goal completion set out prior to the start of a lease-up project.

Real Estate Equities also offers competitive Health Insurance, Dental Insurance, 401(k) and Match, employer-paid STD, LTD, and Life Insurance. In addition, we have 9 paid holidays and 21 days of PTO in addition to a great culture and fun working environment.

Purpose: Work independently and with all levels of Real Estate Equities staff to Lease Up a new building and successfully manage the day-to-day responsibilities and site team once the property is stabilized.

Lease-Up Responsibilities:

• Work efficiently in a fast-paced environment
• Assist in setting up office at the new property
• Develop and maintain relationships with prospects, residents, and vendors
• Develop and maintain relationships with city or county housing authorities
• Assist in vendor set up at property (certificate of insurance and W-9)
• Take new applications, give tours, and ensure compliance with REE policies and procedures
• Creating new leases and having all addendums signed as applicable
• Meet with new residents to sign leases, addendums and hand out parking permit and keys
• Complete Yardi move in’s, set lease charges, upload HAP contracts, entering new resident information, post rent and application fee/security deposit checks, complete bank deposits, review tenant ledgers
• Working with local Housing Authorities through RTA process including scheduling inspections
• Assist Portfolio Director in hiring team members for the property
• Work closely with compliance team to ensure all regulatory items are done appropriately
• Follow fair housing laws in every interaction with both residents, potential residents, and other sites/corporate staff
• Provide exceptional customer service to all prospects
• Enter accounts payable into procure to pay and follow timeline for accounting to review and pay all site bills

Property Manager Responsibilities

• Updating weekly compliance updates on the compliance tracker
• Provide all customers with exceptional customer service
• Follow fair housing policies in every interaction with residents, potential residents, and other employees
• Train and develop site staff
• Provide top notch customer service to all residents and potential residents
• Oversee and participate in the showing and renting of apartments to prospects
• Oversee and participate in the taking of applications and other paperwork to rent apartments
• Follow up with all leads daily
• Communicate effectively orally & in writing to meet strict goals & deadlines for project success
• Assist residents with their questions and record service requests
• Receive and input rents and all other fees from prospects and residents
• Oversee and participate in polishing up the model, vacant apartments, and the tour route
• Walk property daily to ensure the property is up to REE’s expectations
• Oversee and participate in preparing for and performing the marketing outreach program
• Maintain a relationship with Housing Authority RTA (Resident Tendent Application)
• Continue to work closely with compliance to ensure all paperwork is completed correctly
• Direct site team to ensure a successful and smooth-running property
• Other duties as assigned

Position Requirements:

• Previous leasing and/or lease-up related sales experience preferred
• Affordable experience preferred
• Section 42 preferred
• Ability to communicate effectively, both verbally and in writing
• Excellent organizational skills and the ability to multi-task/meet deadlines
• Intermediate proficiency with Microsoft Office applications,
• Yardi experience preferred
• Ability to understand and follow instructions in English
• Bilingual a plus
• Must have reliable transportation and valid driver's license
• Operate all office machines, printer, computer, etc.
• Travel on occasion up to 10% of the time

Physical Requirements

• Ability to sit for extended periods of time at a computer
• Bend/twist/stoop up to 40% of the time
• Lift up to 25 pounds alone and 50 pounds as a two-person lift