The Nitty Gritty of Managing Residential Property 2020


Instructor

  • Tawny King

Registration Fee

$55

Information

Course Description

This course will offer an inside look at what Residential property management is all about.  Property management is a specialized sector of Real Estate and requires a unique set of skills.  Ultimately the role of a skilled property manager is to maximize the profits of the client, the property owner, amongst caring for the asset, the property, all while providing a high level of service to the customer, the tenant, for retention purposes. 

Real world dilemmas and case studies will be shared to help demonstrate the complexities that a property manager can encounter as well as how to handle those situations to the best outcome possible for the owner by using knowledge, skills and risk reduction.

Course Objectives

Upon completion of the course students should be able to:

  • Learn a general understanding of the Landlord Tenant Act of TN
  • Better understand the managerial role in a manager/owner relationship
  • Learn how to properly interact with tenants
  • Perform duties that a successful property manager must perform

Topics covered

This course covers the following topics

  • What is Residential Property Management and the role of the property manager
  • The Manager/Owner relationship
  • Knowing the Landlord Tenant Act
  • Developing a management plan
  • Marketing property for lease
  • Applications and tenant screening
  • Lease agreements
  • Security deposits and Rent
  • Property maintenance and repairs
  • Owner finances and reporting
  • Risk management
  • Lease breaches and the dreaded eviction
  • Fair housing laws for leasing
  • Q&A Forum

Please log into the WCAR website to register by clicking here

4 hours TREC CE Credit

Celebration of Excellence Involvement Credit = 2 Points