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An individual property manager is usually a real estate broker who manages prope

ID: 395086 • Letter: A

Question

An individual property manager

is usually a real estate broker who manages properties for one owner or a number of owners.

usually manages a single large property.

lives on the property and may be employed on a full or part-time basis.

acts as the property owners' agent and adviser for the property.

The Institute for Real Estate Management (IREM) was created as a subsidiary group of

Building Owners association

National Association of REALTORS®

The Multiple Listing Service

American Industrial Real Estate Association

Explanation / Answer

1- Is usually a real estate broker who manages properties for one owner or a number of owners.

The individual property manager is an individual who works for the land owner or a real estate company or many land owners. He or she is responsible for managing the tasks and collecting the rent as well.

2 National Association of REALTORS®

This si the America’s largest trade association and have 1.2 million active members. Institute for Real Estate Management (IREM) was created as subsidiary groups of the same.

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