Which of the following is a common responsibility of a property manager?

A common responsibility of a property manager is to coordinate maintenance and repairs for the properties they manage. This involves overseeing the upkeep of the property, ensuring that all maintenance requests from tenants are addressed promptly and effectively, and coordinating with service providers or maintenance staff to solve any issues that arise.

Property managers serve as a central point of contact for both the property owner and tenants, facilitating communication regarding maintenance needs. They are responsible for the overall condition of the property, which includes regular inspections, routine maintenance, and handling emergency repairs to ensure the property remains safe and habitable. This role is crucial for tenant satisfaction and can significantly impact tenant retention, making it a key responsibility in property management.

While other tasks like developing investment strategies, writing legal contracts, or conducting property appraisals may be related to the broader field of real estate, they are not typically within the standard suite of duties assigned to property managers. Their primary focus is on the day-to-day operations of managing a property, which includes maintenance and repair coordination.