Senior Vice President (SVP), Property Management Salary
A Senior Vice President (SVP), Property Management earns an average salary of $107,500 per year. A skill in Operations Management is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.
Job Description for Senior Vice President (SVP), Property Management
The senior vice president of property management is a positon that is commonly sought after by real estate development firms, property management companies, and other related industries. The majority of companies are looking for an applicant that has a bachelor's degree in a related field. Some companies prefer a master's degree, and other companies will want at least three to five years of experience managing properties. Still other companies are looking for as many as fifteen years of notable experience. Furthermore, some larger companies are looking for applicants that have had experience managing larger properties with many units. The senior vice president of property management will be working mostly indoors and will also be supervising and overseeing groups of employees underneath them.Read More...
The main responsibility of the senior vice president of property management is to address investment objectives, goals, and long-term plans for various properties by working together with property managers, owners, staff, and others. They will be reviewing operations and finances to ensure that performance of the property is up to standards, as well as using software, analyses, and other data to improve revenues and efficiency. The senior vice president will also be looking to ensure that all properties are maintained properly and up to regulations and codes for safety standards. They will also need to review other companies in the industry and ensure that the properties owned or managed by the company are kept competitive in terms of rent, marketing, and maintenance. The senior vice president of property management will also be working with staff at the site of each property to address issues and complaints from residents, tenants, and other clients.
Senior Vice President (SVP), Property Management Tasks
- Supervise property management and construction teams.
- Lead due diligence and procurement efforts.
- Lead the property operating, capital budgeting, and property inspection processes.
- Develop and coordinate construction projects across the portfolio on strategic and operational levels.
- Monitor environmental compliance.