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Associated Property Management Of The Palm Beaches Inc – > Industry Articles> Housing and HOA> Management> The difference between a (licensed) community association manager and a property manager?
Each job has its own responsibilities and functions. Property managers work primarily with tenants and oversee individual apartments or houses.
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Typical responsibilities of a real estate manager include collecting rent, showing vacancies to potential tenants, and servicing the maintenance and repair of individual apartments or houses.
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The normal duties of a community association manager include preparing budgets, collecting bids from salespeople, and overseeing repairs and maintenance of common or common rooms.
The property manager looks after the day-to-day activities of the property or association, while the community manager is more likely to get involved in large-scale or holistic projects that impact the community as a whole.
It is important to know the differences between the property manager and the community association manager to hire the right professional for the job and contact the right person with your question or concern.
You may have heard the terms property manager and community association manager interchangeably. While the two job titles are similar, there are also key differences between them. If you are a property management or property management professional – or a retailer serving these industries – it’s important to understand that property managers and community association managers have different job responsibilities and functions. We will present them below.
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Property managers The property manager is usually the liaison between tenants or homeowners and the HOA (homeowners’ association). They are responsible for the individual units in an apartment, condo, or homes in a neighborhood or community.
Property managers oversee the property itself and usually respond to tenants’ inquiries about their specific unit. These are usually people who manage rentals, charge rent or flat / HOA, maintain and repair premises or houses, and deal with tenants’ complaints and concerns.
Community Association Managers (CAMs) are typically responsible for budgets, record keeping, and managing community spaces such as a club, swimming pool, or community landscape features. They are involved in all aspects of running the HOA (if any) or the community and therefore have extensive knowledge of the rules governing HOA and applicable local laws.
LCAMs are typically rented by the homeowners ‘association (HOA) or homeowners’ association (COA). They can plan community activities and help enforce community policies. The exact responsibilities of the CAM may vary slightly from one employing association, but overall they are responsible for the tasks and responsibilities from a broader perspective.
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Both the property managers and CAM can handle tasks such as pool maintenance or garbage collection, but generally the former takes over the responsibilities of the owner, while the latter oversees larger-scale projects and activities that impact the entire community. You can think of property managers as taking care of the individual needs of tenants primarily and CAM as taking care of the needs of the entire building, neighborhood or association.
Most states require property managers to obtain a property license, but this is not the case for CAM. They may or may not be licensed for the property, but should be well-versed in local housing laws and know the rules of the landlord association that rented them out. It’s important to properly screen potential applicants, whether you’re looking for a property manager or CAM.
It is important to know the differences between LCAM and a property manager in order to be able to hire the right professional for the job. From the tenant, owner, or supplier perspective, knowing the differences between the two roles can help you determine which person to turn to with specific questions or concerns.
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