What are the two types of property management?

Property management refers to the business of managing properties. It covers all the buildings which are rented out for business or residential purposes. Property managers have various duties. It can be either small scale or big scale.

Property management companies work for residential and commercial properties. They look after the cleaning and repairs, maintenance, and marketing. They handle all the tenants’ complaints. Their services include rent collection, security, and accounting. Residential Property management software and commercial property managers are divided into two types.

Residential Property Management

Commercial Property Management

Each type of property management has specific requirements, so we need to know the differences between them.

Residential Property Management

Commercial Property Management

Residential and commercial property management companies manage rental properties.

Some of the common property management firms are listed below. These companies can manage any type of property.

Property Management Company – A real estate agency

Property Management Company – An apartment management company

Property Management Company – A property manager

Property Management Company – A home management company

Property Management Company – A property leasing company

Property Management Company – A property maintenance firm

Property Management Company – A property inspection agency

Commercial Property Management

What are the two types of property management?

They are the following: