Vice President, Property Management

Company: Commonwealth
Location: Bellevue
Posted on: February 1, 2025

Job Description:

We are an established Real Estate Management Company that manages over 150 investment properties throughout Oregon and Washington and California. As a team, we accomplish objectives through integrity, leadership, communication, trust, loyalty, quality, and commitment. We are in need of a dynamic individual to manager our Office in Bellevue Washington. Salary will also include bonuses and commissions.
Essential Duties and Responsibilities include the following:Participates in formulating and administering company policies and developing long range goals and objectives. Develops and maintains relationships with company clients. Addresses any concerns the clients may have regarding the operation of their property. Helps to educate clients about industry events, news and trends. Directs and coordinates activities of department or division for which responsibility is delegated to further attainment of goals and objectives. Determines appropriate Regional Manager and Administrative staffing levels. Reviews analyses of activities, costs, operations, and forecast data to determine department or division progress toward stated goals and objectives. Confers with President and other administrative personnel to review achievements and discuss required changes in goals or objectives resulting from current status and conditions. Serves as member of management and other various committees such as Forms Committee, Safety Committee, etc. Also participates in State coalition, professional associations and legislative efforts, then works to implement and enforce company compliance with new legislation. Other duties may be assigned. Supervisory Responsibilities: Directly supervises employees in the Property Management department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Coaches Regional Managers and Administrative staff with difficult situations, employee relation problems, personal performance issues, etc. Also ensures Regional Managers and Administrative staff are performing to company standards.
May manage a small portfolio of assets for the company. Other Duties: Leads monthly Regional Manager meeting. Occasionally will "fill in" as the Regional Manager for a community when that Regional Manager is unavailable or on vacation. Coordinates with Accounting Manager and ManageAmerica on roll-out of new system features. Monitors community delinquencies. Spot checks Regional Manager cover letters written to clients that accompanies community operating report. Receives "reject bills" and works with Regional Manager to correct. Reviews community or resident issues that arise and guides the Regional Manager on how to proceed/resolve. Visits properties at least once per year. Process community resident application overrides. Prompts Regional Managers to perform market surveys to help set rents for the follow year. Determines and approves course materials for Commonwealth University new manager training CU101, 201, 301. Oversees various functions such as: ensuring rent increases go out timely, assisting with new account set-up and the termination of accounts, reviews monthly community calendar before distribution, ensuring the after hours emergency phone list is updated regularly, ensuring the office inventory list is being updated, approves outgoing Constant Contact messages related to Property Management and the compliance of the communities on a well water system. Oversees the operation of Commonwealth Homeowner Services (CHS) and supervises the CHS staff. Occasionally will look at a repossessed home for possible CHS acquisition. Updates the CHS spreadsheet used to calculate Regional Manager quarterly bonuses.


Compensation details: 125000-150000 Yearly Salary



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Keywords: Commonwealth, Edmonds , Vice President, Property Management, Executive , Bellevue, Washington