8+ Best Property Manager Resume Samples & Templates


8+ Best Property Manager Resume Samples & Templates

Examples of software paperwork tailor-made for property administration roles present sensible illustrations of learn how to successfully showcase related abilities and expertise. These examples sometimes exhibit greatest practices for structuring, formatting, and wording resumes, usually highlighting accomplishments with quantifiable metrics. They’ll embody variations for various profession ranges, from entry-level to senior administration.

Efficient software supplies are essential for securing interviews and finally acquiring a desired place. Nicely-crafted examples provide invaluable steerage, enabling job seekers to current their {qualifications} persuasively and stand out from different candidates. Finding out such examples can save vital effort and time, serving to people create compelling narratives that resonate with potential employers. This apply has turn out to be more and more necessary within the aggressive job market, notably with the rise of applicant monitoring programs that prioritize particular key phrases and formatting.

The next sections delve deeper into particular components essential for crafting a powerful software package deal, together with tailoring content material to particular job descriptions, optimizing key phrase utilization, and selecting acceptable codecs.

1. Goal/Abstract Assertion

The target/abstract assertion serves as a concise introduction to a property supervisor resume. This part affords a short overview of key {qualifications} and profession objectives, instantly capturing the reader’s consideration and setting the tone for the rest of the doc. Efficient examples inside property supervisor resume samples exhibit how this part will be leveraged to showcase related expertise and spotlight key abilities.

  • Highlighting Key Abilities

    The target/abstract permits candidates to emphasise their most related abilities for property administration roles. Examples embody monetary administration, tenant relations, property upkeep oversight, and vendor negotiation. Samples usually showcase these abilities utilizing motion verbs and quantifiable metrics. This focused method helps recruiters rapidly establish candidates who possess the specified experience.

  • Demonstrating Profession Objectives

    This part can successfully talk profession aspirations, notably for people in search of profession development or transitioning into property administration. Examples may embody expressing a want to handle bigger properties, specialise in a selected sort of property, or tackle better management duties. Resume samples usually illustrate learn how to align profession objectives with the goal firm’s mission and values.

  • Showcasing Expertise Stage

    The target/abstract will be tailor-made to replicate a person’s expertise stage, whether or not entry-level, mid-career, or senior administration. Entry-level examples may deal with transferable abilities and eagerness to study, whereas skilled property supervisor resume samples emphasize confirmed observe data and accomplishments. This permits recruiters to rapidly assess a candidate’s suitability for the position.

  • Tailoring to the Particular Position

    Efficient samples exhibit learn how to customise the target/abstract to match the particular necessities of the goal place. This may contain highlighting expertise with particular property varieties, software program platforms, or regulatory compliance. By mirroring the language used within the job description, candidates can exhibit a transparent understanding of the position and improve their possibilities of being chosen for an interview.

By analyzing varied property supervisor resume samples, job seekers can achieve invaluable insights into crafting compelling goal/abstract statements that successfully showcase their {qualifications} and profession aspirations. This part performs a important position in making a optimistic first impression and finally securing an interview alternative.

2. Expertise Highlights

The “Expertise Highlights” part inside property supervisor resume samples gives a concise but impactful overview of profession development and key accomplishments. This part permits recruiters to rapidly assess a candidate’s suitability for a job by showcasing related expertise and quantifiable achievements. Efficient examples exhibit learn how to construction this part for max impression.

  • Property Administration Experience

    This side focuses on demonstrating particular expertise in property administration, together with the kinds of properties managed (e.g., residential, business, mixed-use), the dimensions and scale of portfolios dealt with, and the particular duties held. Examples may embody managing a portfolio of 100 residential models, overseeing the upkeep of a business constructing, or dealing with tenant relations for a mixed-use growth. Inside property supervisor resume samples, this side usually contains particular particulars concerning the properties managed and the candidate’s contributions to their profitable operation.

  • Monetary Efficiency

    Demonstrating a powerful observe report of monetary efficiency is essential for property administration roles. This side emphasizes accomplishments associated to budgeting, value management, income technology, and lease assortment. Actual-world examples may embody lowering working bills by 15%, rising occupancy charges by 10%, or implementing a brand new lease assortment system that improved effectivity. Property supervisor resume samples usually quantify these achievements to exhibit the candidate’s impression on the underside line.

  • Tenant/Resident Relations

    Efficient tenant and resident relations are important for profitable property administration. This side highlights expertise in dealing with tenant inquiries, resolving disputes, managing lease agreements, and fostering optimistic relationships with residents. Examples may embody implementing a tenant satisfaction program, efficiently resolving a posh tenant dispute, or streamlining the lease renewal course of. Resume samples usually exhibit how candidates have contributed to a optimistic tenant expertise.

  • Property Upkeep and Renovation

    Overseeing property upkeep and renovations is one other key facet of property administration. This side emphasizes expertise in managing upkeep requests, coordinating repairs, overseeing renovation tasks, and making certain compliance with security laws. Examples may embody managing a serious renovation mission inside price range and on schedule, implementing a preventative upkeep program, or efficiently resolving a important constructing programs challenge. Property supervisor resume samples usually showcase experience in sustaining and enhancing property worth.

By analyzing these sides inside varied property supervisor resume samples, job seekers can achieve a complete understanding of learn how to successfully showcase their expertise and accomplishments. This part performs an important position in demonstrating a candidate’s suitability for a property administration position and securing an interview alternative.

3. Quantifiable Achievements

Inside property supervisor resume samples, quantifiable achievements present concrete proof of a candidate’s capabilities and contributions. These measurable accomplishments exhibit the impression a candidate has made in earlier roles, providing compelling proof of their potential worth to future employers. Highlighting quantifiable achievements strengthens a resume by shifting past normal descriptions of duties to showcase particular, data-driven outcomes.

  • Monetary Efficiency Enchancment

    This side focuses on demonstrating enhancements in monetary metrics associated to property administration. Examples embody rising web working earnings by a particular proportion, lowering working bills by a specific amount, or enhancing lease assortment charges. Inside property supervisor resume samples, these achievements are sometimes introduced with particular figures and timeframes, similar to “Elevated NOI by 12% inside the first yr of administration.” This data-driven method gives concrete proof of a candidate’s means to contribute to a property’s monetary success.

  • Occupancy Price Development

    Sustaining excessive occupancy charges is important in property administration. This side highlights a candidate’s success in attracting and retaining tenants. Examples embody rising occupancy charges from a particular baseline to the next proportion, attaining and sustaining constantly excessive occupancy ranges, or lowering emptiness intervals. Property supervisor resume samples usually showcase these achievements with clear metrics, similar to “Elevated occupancy from 85% to 95% inside six months.” This demonstrates a candidate’s means to successfully market properties and handle tenant relationships.

  • Price Discount Initiatives

    Implementing cost-saving measures with out compromising high quality is a invaluable ability in property administration. This side showcases a candidate’s means to establish areas for value discount and implement efficient methods. Examples embody lowering upkeep bills by a particular proportion, negotiating favorable contracts with distributors, or implementing energy-efficient options. Inside property supervisor resume samples, these achievements are sometimes quantified, similar to “Diminished upkeep prices by 10% by way of preventative upkeep applications.” This demonstrates a candidate’s means to handle budgets successfully and contribute to a property’s profitability.

  • Tenant Satisfaction Enhancements

    Constructive tenant relations contribute to tenant retention and total property success. This side highlights achievements associated to enhancing tenant satisfaction. Examples embody implementing tenant satisfaction applications that resulted in measurable enhancements in satisfaction scores, efficiently resolving a excessive quantity of tenant points inside particular timeframes, or lowering tenant turnover charges. Property supervisor resume samples may showcase these accomplishments with particular knowledge, similar to “Elevated tenant satisfaction scores by 15% by way of implementation of a brand new communication system.” This demonstrates a candidate’s means to foster optimistic tenant relationships and create a thriving group.

By incorporating these quantifiable achievements, property supervisor resume samples successfully exhibit a candidates impression and worth. This data-driven method strengthens the resume, offering concrete proof of abilities and skills, and finally rising the probability of securing an interview.

4. Key phrase Optimization

Key phrase optimization performs a vital position in making certain property supervisor resume samples align with applicant monitoring programs (ATS) and recruiter searches. Efficient key phrase utilization will increase the visibility of a resume, enhancing the probability of it being chosen for assessment. Understanding learn how to strategically incorporate related key phrases is important for maximizing the effectiveness of software supplies.

  • Related Trade Phrases

    Incorporating industry-specific terminology ensures the resume aligns with widespread search phrases utilized by recruiters and ATS. Examples embody “property administration,” “lease administration,” “tenant relations,” and “services administration.” Inside property supervisor resume samples, these key phrases must be naturally built-in all through the doc, notably within the expertise and abilities sections. This focused method will increase the possibilities of a resume being flagged as a powerful match for related job postings.

  • Software program and Expertise Proficiency

    Itemizing proficiency in related property administration software program and expertise demonstrates invaluable abilities to potential employers. Examples embody “Yardi,” “AppFolio,” “MRI Software program,” and “Buildium.” Property supervisor resume samples usually embody a devoted “Abilities” part to focus on software program proficiencies, making certain these key phrases are simply identifiable by ATS and recruiters. This focused method can considerably enhance a resume’s rating in search outcomes.

  • Particular Property Sorts

    Concentrating on particular property varieties inside key phrase optimization permits candidates to tailor their resumes to specific niches inside the property administration area. Examples embody “residential,” “business,” “industrial,” “retail,” and “mixed-use.” By together with these key phrases, candidates can sign their experience in managing particular property varieties, rising their attraction to employers in search of specialised abilities. Property supervisor resume samples usually replicate this specialization inside the expertise and goal/abstract sections.

  • Certifications and Licenses

    Together with related certifications and licenses inside the resume demonstrates skilled {qualifications} and enhances credibility. Examples embody “Licensed Property Supervisor (CPM),” “Actual Property Administrator (RPA),” and state-specific actual property licenses. Property supervisor resume samples usually function a devoted “Certifications” part to focus on these credentials, making certain they’re readily obvious to recruiters and ATS. This focused method reinforces a candidate’s {qualifications} and professionalism.

By strategically incorporating these key phrase classes, property supervisor resume samples turn out to be more practical instruments for attracting the eye of recruiters and navigating applicant monitoring programs. This optimization course of considerably enhances the visibility of a resume, rising the probability of securing an interview alternative.

5. Abilities Part

The Abilities part inside property supervisor resume samples performs a vital position in showcasing a candidate’s core competencies and technical proficiencies. This part gives a concise overview of key talents related to property administration, permitting recruiters to rapidly assess a candidate’s suitability for a job. Efficient abilities sections exhibit a steadiness of exhausting and tender abilities, highlighting each technical experience and interpersonal talents.

  • Communication and Interpersonal Abilities

    Efficient communication is important for property managers, who work together frequently with tenants, house owners, distributors, and employees. This side encompasses abilities similar to energetic listening, battle decision, negotiation, and written and verbal communication. Property supervisor resume samples usually spotlight these abilities to exhibit a candidate’s means to construct optimistic relationships and handle numerous stakeholders successfully. Examples may embody expertise conducting tenant conferences, mediating disputes, or negotiating contracts.

  • Monetary and Budgeting Experience

    Monetary administration is a core duty of property managers. This side encompasses abilities associated to budgeting, monetary reporting, expense management, lease assortment, and monetary evaluation. Property supervisor resume samples ceaselessly showcase experience in these areas, demonstrating a candidate’s means to handle property funds successfully. Examples may embody expertise creating and managing working budgets, getting ready monetary experiences, or implementing cost-saving measures.

  • Property Upkeep and Administration Abilities

    Overseeing property upkeep and operations is a key facet of property administration. This side encompasses abilities associated to property inspections, preventative upkeep, vendor administration, repairs, and renovations. Property supervisor resume samples usually spotlight expertise in these areas, demonstrating a candidate’s means to take care of property worth and guarantee tenant satisfaction. Examples may embody expertise overseeing renovation tasks, managing upkeep requests, or implementing preventative upkeep applications.

  • Software program and Expertise Proficiency

    Proficiency in related software program and expertise is more and more necessary in property administration. This side encompasses abilities associated to property administration software program (e.g., Yardi, AppFolio), accounting software program, communication platforms, and different related applied sciences. Property supervisor resume samples usually embody a devoted part to listing software program proficiencies, demonstrating a candidate’s means to leverage expertise to streamline operations and enhance effectivity. Examples may embody proficiency in particular property administration software program, experience in utilizing accounting software program, or expertise with on-line advertising platforms for rental properties.

A well-crafted Abilities part considerably enhances the effectiveness of property supervisor resume samples. By showcasing a balanced mix of technical experience and interpersonal talents, candidates can successfully exhibit their {qualifications} and improve their possibilities of securing an interview alternative. This focused method permits recruiters to rapidly assess a candidate’s suitability for a job and perceive their potential contributions to a property administration staff.

6. Schooling/Certifications

The “Schooling/Certifications” part in property supervisor resume samples gives essential details about a candidate’s formal schooling {and professional} credentials. This part validates experience and demonstrates a dedication to skilled growth inside the property administration area. Recruiters usually use this info to evaluate a candidate’s {qualifications} and suitability for a job.

  • Formal Schooling

    This side particulars a candidate’s educational background, together with levels earned, related coursework, and academic establishments attended. Examples embody a Bachelor’s or Grasp’s diploma in Actual Property, Enterprise Administration, or associated fields. Property supervisor resume samples usually spotlight related coursework similar to property administration rules, actual property legislation, finance, and accounting. This info demonstrates a foundational understanding of key ideas related to the sector.

  • Skilled Certifications

    This side showcases skilled certifications earned inside the property administration {industry}. Examples embody the Licensed Property Supervisor (CPM), Accredited Residential Supervisor (ARM), and Actual Property Administrator (RPA) designations. These certifications signify superior information and experience in particular areas of property administration, enhancing a candidate’s credibility and demonstrating a dedication to skilled growth. Property supervisor resume samples usually emphasize these credentials to showcase a candidate’s specialised abilities and information.

  • Persevering with Schooling Programs

    This side highlights ongoing skilled growth efforts by way of persevering with schooling programs and workshops. Examples embody programs on honest housing legal guidelines, threat administration, lease administration, or property upkeep. Together with persevering with schooling demonstrates a dedication to staying present with {industry} greatest practices and laws. Inside property supervisor resume samples, this info can showcase a candidate’s dedication to lifelong studying {and professional} progress.

  • Licenses and Permits

    This side particulars any required licenses or permits for practising property administration in a particular jurisdiction. Examples embody actual property licenses, property administration licenses, or different related permits. Together with this info demonstrates compliance with authorized necessities and reinforces a candidate’s skilled standing. Property supervisor resume samples usually embody this info to guarantee potential employers of a candidate’s {qualifications} to function legally inside a given space.

The “Schooling/Certifications” part gives invaluable context inside property supervisor resume samples, demonstrating a candidate’s {qualifications} and dedication to skilled growth. This info strengthens a resume by validating experience, showcasing specialised abilities, and reassuring potential employers of a candidate’s preparedness for the calls for of property administration roles. A strong “Schooling/Certifications” part can considerably differentiate a candidate in a aggressive job market.

7. Skilled Formatting

Skilled formatting considerably impacts the effectiveness of property supervisor resume samples. A well-formatted resume presents info clearly and concisely, enhancing readability and conveying professionalism. Conversely, a poorly formatted resume can detract from a candidate’s {qualifications}, making a destructive first impression. Constant font utilization, clear part headings, acceptable margins, and efficient use of white house contribute to a elegant {and professional} look. A resume’s visible attraction influences how recruiters understand a candidate’s consideration to element and organizational abilities, qualities extremely valued in property administration. For instance, a resume with inconsistent fonts and cluttered textual content could counsel an absence of consideration to element, whereas a clear, well-organized resume conveys professionalism and competence. This instantly impacts the probability of a resume being totally reviewed and thought of for an interview.

Formatting selections inside property supervisor resume samples additionally have an effect on Applicant Monitoring System (ATS) compatibility. ATS software program usually struggles to parse info from resumes with complicated formatting, similar to tables or embedded photos. Utilizing a easy, ATS-friendly format maximizes the possibilities of the resume being precisely scanned and interpreted. This ensures that key phrases and {qualifications} are appropriately recognized, rising the probability of the resume being ranked extremely in search outcomes. Selecting a format that balances visible attraction with ATS compatibility is important for maximizing visibility to potential employers. For example, utilizing a normal font like Instances New Roman or Arial and avoiding extreme stylistic components ensures the resume will be simply parsed by ATS software program. Additional, utilizing clear part headings like “Expertise” and “Abilities” permits the ATS to categorize info precisely, enhancing the possibilities of a match with related job postings.

Efficient formatting inside property supervisor resume samples instantly influences how recruiters understand a candidate’s {qualifications} and professionalism. A well-formatted resume enhances readability, conveys consideration to element, and improves ATS compatibility. These components contribute considerably to the general effectiveness of the resume, rising the probability of securing an interview alternative. Understanding the significance {of professional} formatting permits candidates to current their {qualifications} in essentially the most favorable gentle, maximizing their possibilities of success in a aggressive job market. This consideration to element finally distinguishes a candidate from others, showcasing an understanding {of professional} requirements anticipated inside the property administration area.

8. Tailoring to Job Description

Tailoring a resume to the particular necessities of a job description is essential for demonstrating a powerful match for a property administration position. Inspecting property supervisor resume samples reveals how profitable candidates align their {qualifications} with the particular wants and expectations outlined in job postings. This focused method considerably will increase the probability of a resume resonating with recruiters and applicant monitoring programs (ATS).

  • Mirroring Key phrases and Phrases

    Analyzing property supervisor resume samples reveals a constant apply of mirroring key phrases and phrases instantly from the job description. This system ensures the resume aligns with the particular terminology utilized by the hiring group, rising the probability of a match with ATS algorithms and demonstrating a transparent understanding of the position’s necessities. For instance, if a job description emphasizes “price range administration” and “tenant retention,” incorporating these precise phrases into the resume strengthens its relevance.

  • Highlighting Related Expertise

    Efficient tailoring entails emphasizing experiences instantly related to the particular duties outlined within the job description. Property supervisor resume samples exhibit learn how to prioritize experiences that instantly deal with the wants of the goal position. For example, if a job posting emphasizes expertise with business properties, a tailor-made resume would spotlight accomplishments associated to business property administration, probably downplaying expertise in different areas like residential administration. This centered method ensures essentially the most related {qualifications} are readily obvious.

  • Quantifying Accomplishments with Metrics

    Quantifying accomplishments with particular metrics provides weight to a tailor-made resume. Property supervisor resume samples usually showcase learn how to use knowledge to exhibit the impression of earlier work. For instance, as a substitute of stating “Managed a big property portfolio,” a tailor-made resume may state “Managed a portfolio of 500 models, rising occupancy by 10% inside the first yr.” This data-driven method gives concrete proof of a candidate’s capabilities and aligns with the deal with measurable outcomes usually present in job descriptions.

  • Addressing Particular Necessities

    Tailoring additionally entails instantly addressing any particular necessities or {qualifications} talked about within the job description. Property supervisor resume samples exhibit learn how to incorporate particular abilities, certifications, or software program proficiencies which are explicitly requested. For instance, if a job posting requires expertise with Yardi software program, a tailor-made resume would clearly state “Proficient in Yardi Voyager” inside the abilities part. This direct method demonstrates {that a} candidate meets the important standards for the position.

By analyzing property supervisor resume samples and understanding the rules of tailoring to the job description, candidates can considerably improve the effectiveness of their software supplies. This focused method ensures resumes resonate with recruiters and ATS, rising the probability of securing an interview alternative. This meticulous alignment of abilities and expertise with the particular wants of every position demonstrates a proactive and detail-oriented method, qualities extremely valued within the property administration area.

Steadily Requested Questions

This part addresses widespread inquiries relating to the efficient use of property supervisor resume samples.

Query 1: How can reviewing resume samples profit job seekers?

Inspecting examples gives sensible insights into efficient resume construction, content material, and formatting. Samples provide tangible demonstrations of learn how to showcase {qualifications} and tailor content material to particular roles, finally saving effort and time within the software course of.

Query 2: The place can one discover dependable property supervisor resume samples?

Respected on-line profession assets, skilled organizations, and industry-specific job boards usually provide a wide range of resume samples. Care must be taken to pick samples related to the specified profession stage and property administration specialization.

Query 3: How ought to one adapt a resume pattern for particular person use?

Samples function templates, not paperwork to be copied verbatim. Adapt the construction, content material, and key phrases to replicate particular person abilities, expertise, and the necessities of the goal place. Personalizing the content material is important for showcasing distinctive {qualifications}.

Query 4: What position do key phrases play in property supervisor resumes?

Key phrases are essential for Applicant Monitoring Programs (ATS). Incorporating related {industry} phrases, software program names, and property varieties will increase the visibility of a resume to each ATS and recruiters. Researching generally used key phrases inside the goal {industry} is advisable.

Query 5: How necessary is quantifying accomplishments on a property supervisor resume?

Quantifying achievements with metrics gives concrete proof of a candidate’s impression. Utilizing numbers and knowledge to exhibit success in areas like monetary efficiency, occupancy charges, and value discount strengthens the resume and provides credibility.

Query 6: What widespread errors must be prevented when utilizing resume samples?

Copying samples verbatim, neglecting to tailor content material to the particular job description, and overlooking the significance {of professional} formatting are widespread pitfalls to keep away from. Authenticity and relevance are paramount in making a compelling resume.

Reviewing property supervisor resume samples and adapting them strategically can considerably enhance the effectiveness of software supplies. Specializing in relevance, quantifiable achievements, {and professional} presentation maximizes the probability of securing an interview alternative.

The next sections present additional steerage on crafting a compelling property supervisor resume, together with particular examples and greatest practices.

Ideas Derived from Analyzing Property Supervisor Resume Samples

Cautious examination of efficient resume examples for property administration roles reveals a number of key methods for crafting compelling software supplies. The following pointers present sensible steerage for showcasing {qualifications} and standing out in a aggressive job market.

Tip 1: Prioritize Quantifiable Achievements: Somewhat than merely itemizing duties, exhibit impression by quantifying accomplishments with particular metrics. For instance, as a substitute of “Managed property upkeep,” state “Diminished upkeep prices by 15% by way of implementation of a preventative upkeep program.” Information-driven outcomes present concrete proof of capabilities.

Tip 2: Tailor Content material to the Goal Position: Fastidiously assessment the job description and tailor the resume to replicate the particular necessities and key phrases talked about. Highlighting related expertise and abilities demonstrates a transparent understanding of the position and will increase the probability of a match with applicant monitoring programs.

Tip 3: Optimize for Applicant Monitoring Programs (ATS): Make the most of related key phrases all through the resume, together with {industry} phrases, software program proficiencies, and property varieties. This ensures the resume is appropriately parsed by ATS software program and will increase visibility to recruiters.

Tip 4: Showcase Key Abilities Strategically: Current a balanced mixture of exhausting and tender abilities related to property administration. Emphasize abilities similar to monetary administration, tenant relations, property upkeep, and communication. A devoted “Abilities” part can enhance readability and guarantee key competencies are readily obvious.

Tip 5: Keep a Skilled Format: Use a clear, constant format with clear headings, acceptable margins, and an expert font. Keep away from extreme stylistic components which will hinder readability or ATS compatibility. A refined presentation conveys consideration to element and professionalism.

Tip 6: Spotlight Related Certifications and Schooling: Clearly listing related certifications (e.g., CPM, ARM) and academic credentials. This validates experience and demonstrates dedication to skilled growth inside the property administration area.

Tip 7: Craft a Compelling Goal/Abstract Assertion: Use this part to offer a concise overview of key {qualifications} and profession objectives, instantly capturing the reader’s consideration and setting the tone for the rest of the resume.

By implementing these methods derived from analyzing profitable property supervisor resume samples, candidates can considerably improve the effectiveness of their software supplies, rising their possibilities of securing interviews and finally touchdown their desired roles. These greatest practices symbolize a data-driven method to renew growth, specializing in demonstrable impression and alignment with {industry} expectations.

The next conclusion summarizes the important thing takeaways and reinforces the significance of strategic resume growth for fulfillment in property administration careers.

Conclusion

Efficient software supplies are important for securing aggressive property administration positions. Evaluation of sturdy examples demonstrates the significance of showcasing quantifiable achievements, tailoring content material to particular job necessities, and optimizing for applicant monitoring programs. A transparent and concise presentation of related abilities, expertise, and certifications, coupled with an expert format, considerably enhances a resume’s impression. Specializing in these key components permits candidates to successfully talk their worth and stand out from different candidates.

The aggressive panorama of the property administration area calls for a strategic method to profession development. Investing effort and time in crafting compelling software supplies, knowledgeable by greatest practices and related examples, positions candidates for fulfillment. A well-crafted resume serves as a important software for navigating the job search course of, finally unlocking alternatives for profession progress {and professional} achievement inside the dynamic world of property administration.