Lease Renewal Manager at BNE Real Estate in Jersey City, New Jersey

Posted in Other about 4 hours ago.

Type: full-time





Job Description:

The Lease Renewal Manager is responsible for the community's or region's renewal process and resident experience. This role will work directly with tenants to negotiate lease renewals, create lasting relationships and ensure their continued satisfaction at their respective property (or properties).

# of Properties: 3

Minimum Required Qualifications:
  • High school diploma or equivalent, College degree preferred
  • 3+ years' experience in property management and leasing
  • Strong interpersonal skills
  • Proficient in computer programs, including Microsoft Office and Yardi
  • Ability to work with minimal supervision
  • Well organized with excellent time management skills
  • An in-depth knowledge of all rules, regulations and laws regarding property management
  • Valid NJ real estate salesperson license
  • Maintain regular and punctual attendance
  • Work over-time hours as required to complete assignments/projects
  • Comply with all company policies and procedures
  • Professional Image
  • Strong Verbal Skills
  • Strong customer service orientation

Essential Job Functions:

Marketing
  • Establish and meet lease renewal goals that reach or exceed budgeted occupancy for the community
  • Maintain current knowledge of market and competitor properties and ensure that leasing staff is equally as knowledgeable so that all presentations properly position the community's competitive advantages.
  • Maintain a professional, friendly, and inviting atmosphere in the leasing center
  • Recommend renewal incentive programs to upper management as needed
  • Promulgate apartment availability, pricing, and concession information among staff
  • Walk the property daily to inspect the leasing path and ensure curb appeal and presentation quality. Alert upper management to issues as needed. This includes all signage, lobby, leasing center, amenity areas, model homes, common corridors and made-ready homes
  • Keep accurate records of customer traffic and leases daily using property management software system (Yardi) as needed
  • Prepare, present, and distribute daily and weekly renewal reports to upper management team using report templates as provided by upper management
  • Ensure execution of all promotional programs as directed by upper management

Renewals
  • Ensure Fair Housing and company policy compliance throughout all leasing and renewal presentations
  • Answer phone promptly and courteously and maintain the phone traffic recording for prospect phone calls and visits
  • Follow-up with resident inquiries daily
  • Complete accurate lease renewal paperwork in accordance with company policies
  • Assist residents with lease renewal signing, move-in orientation, and apartment inspections as needed
  • Prepare and distribute lease renewals
  • Motivate leasing staff
  • Process lease renewals for respective property(s) by following BNE's renewal guidelines and increasing occupancy retention
  • Ensure all lease renewal paperwork is complete and accurate prior to execution
  • Effectively communicate the lease renewal process with current residents in a positive manner
  • Follow-up promptly with residents regarding renewals/move-out documents/processes
  • Execute renewal leases through DocuSign
  • Meets and/or exceeds renewal performance and measures
  • Facilitate resident lease terminations and accepting Notices to Vacate from residents
  • Assist with prospect tours and new lease applications as needed
  • Other duties as assigned by Property Manager and leadership

Administration
  • Prepare resident/prospect correspondence
  • Prepare renewal increase schedule for review and approval
  • Prepare all lease renewal paperwork including renewal offers and lease
  • Maintain a complete resident file for every resident
  • Maintain general office files
  • Work with leasing staff to prepare and distribute accurate daily and weekly reports to upper management team
  • Assist in the preparation of monthly financial reports, as needed
  • Attend scheduled owners' meetings, staff meetings and resident meetings as required
  • Complete other duties as assigned by upper management

Resident Relations
  • Respond to resident calls promptly
  • Review outside and intra-company correspondence
  • Assist in reporting any resident complaints to/from Property Manager and/or Maintenance Manager
  • Assist in the planning and execution of resident functions as required

Safety
  • Learn and ensure compliance with all company, local, state and federal safety rules
  • Ensure that unsafe conditions are corrected in a timely manner
  • Direct staff to follow a "safety first" principle

Physical/Mental Demands
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is frequently required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand and walk.
  • Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus.
  • Effectively read, think, organize, analyze and perform mathematical calculations

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