Property management involves overseeing and managing real estate properties on behalf of property owners. This includes a variety of tasks such as marketing the property, screening and selecting tenants, handling leases, collecting rent, managing property maintenance and repairs, ensuring compliance with local laws, and maintaining accurate financial records. Property managers serve as intermediaries between property owners and tenants, ensuring the property is well-maintained, profitable, and occupied by reliable tenants. Their role is crucial in maximizing the value of the property while minimizing the hassle for the owner.