PSI Oklahoma Real Estate Complete Practice Test

Question: 1 / 400

What is the primary responsibility of a property manager?

To manage the financial aspects of the building.

To find tenants for vacant properties.

To maintain the property and ensure tenant satisfaction.

The primary responsibility of a property manager encompasses a wide range of tasks, but a central focus is on maintaining the property and ensuring tenant satisfaction. This involves not only overseeing the physical state of the building—conducting repairs and regular maintenance—but also fostering a positive relationship with tenants, addressing their needs, and resolving issues that may arise during their tenancy.

By prioritizing property maintenance and tenant satisfaction, the property manager plays a crucial role in retaining tenants, maximizing occupancy rates, and ultimately contributing to the financial health of the property. While managing financial aspects and finding tenants are important functions, they are secondary to the overarching duty of ensuring that the property is well-kept and that tenants have a positive living experience. This holistic approach is what distinguishes effective property management and drives long-term success in real estate operations.

Get further explanation with Examzify DeepDiveBeta

To oversee financial transactions only.

Next Question

Report this question

Download PSI Oklahoma Real Estate Practice Test PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy