Hawaii Pre-Licensing National Practice Exam 2025 - Free Pre-Licensing Practice Questions and Study Guide

Question: 1 / 400

What is one primary responsibility of a property manager?

To serve as a real estate agent

To oversee operation and maintenance of a rental property

A primary responsibility of a property manager is to oversee the operation and maintenance of a rental property. This role involves ensuring that the property is well-maintained, addressing tenant concerns, coordinating repairs and maintenance, and managing the overall day-to-day operations. By doing so, property managers help to enhance the value of the property and ensure tenant satisfaction, which is crucial for retaining tenants and minimizing vacancy rates.

In contrast, serving as a real estate agent typically involves facilitating the buying and selling of properties, which is not the core focus of property management. Finding buyers for properties is more aligned with real estate sales, rather than the ongoing management of rental properties. Negotiating loan terms falls under the purview of mortgage brokers or lenders and does not pertain to the responsibilities associated with managing rental properties. Therefore, the primary focus of the property manager's role is effectively encapsulated in overseeing the operations and maintenance of the property.

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To find buyers for properties

To negotiate loan terms

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