Property Management focuses on overseeing and managing residential and commercial properties on behalf of owners. This involves a diverse range of responsibilities, such as tenant screening, leasing, rent collection, property maintenance, and ensuring compliance with local regulations. Effective property management aims to maximize the value of a property while providing a positive living or working experience for tenants. Additionally, property managers often handle marketing strategies to attract potential tenants, as well as financial reporting to keep property owners informed of their investments. In essence, property management serves as a bridge between property owners and tenants, facilitating smooth operations and maintaining the integrity of the real estate asset.