Real estate mainly deals with real and personal property
. In real state property management mainly system and manpower are required in order to running the life cycle in proper manner. Real estate is mainly two types one is managing the personal property and another is to manage the real property. Personal property is permanently fixed to an individual whether the real property is used by an individual for the selling purpose in real state management works are dividing on the basis of positions. There are mainly five types of positions in real estate management which are as follows:
1.Property manager: This person is mainly responsible for operating a single large property. The main work or job of a property manager is to deal with the property in real estate. He is also responsible for the total investment in real state firm.
2.Site manager: This person is responsible for collecting rents, maintenance, dealing with residents and with leased. Site manager is also responsible for the residential so it also known as a residential manager. He maintains basic accounting records on site.
3.Assets Manager: This person is mainly responsible for the long term planning for investment and the evaluation. Assets manager gives ideas and advice to the management. It also responsible for maximize the owners return and analyze financial property and condition. They are mainly work for corporate and institutional owners.
4.Regional manager: This person is the person who is responsible for the on site residential and commercial property. They are also known by regional property manager or senior property manager.
5.Portfolio manager: This person is responsible for achieving the target goals and the future plans. They first plan goals and after that how to achieve the goal. The work of a portfolio manager is very tough because he can take decision about the goals.