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Residential Lease Administrator

Edgewood Properties
Posted 2 months ago, valid for 22 days
Location

Piscataway, NJ 08854, US

Salary

$50,000 - $60,000 per year

Contract type

Full Time

Life Insurance

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Sonic Summary

info
  • Edgewood Properties is seeking a full-time Residential Lease Administrator for its multi-family portfolio located in Piscataway, NJ.
  • The ideal candidate should have a minimum of 3 years of relevant work experience and possess strong analytical and communication skills.
  • Responsibilities include managing move-ins, renewals, and move-outs, as well as assisting the Accounts Receivable team with ledger reconciliations.
  • The company offers competitive compensation along with comprehensive benefits, including medical, dental, vision, life insurance, and a 401(k) with company match.
  • Additional perks include access to an on-site fitness gym and discounts on housing and home appliances.

Overview

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Since its founding in 1992, Edgewood Properties has established itself as a leading real estate development and property management company.

With corporate headquarters in New Jersey, the company is on a course of growth leading to activities across the nation.Ā 

Given ongoing construction and development plans, our current apartment portfolio of 6,000 plus units is expected to double in the next couple of years and rise to over 12,000 units in the next five years.

Given our rapid portfolio growth, coupled with ownership's desire to develop and hold rather than sell, the timing is ideal for qualified candidates to come on-board.Ā 

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We're currently seeking a Residential Lease Administrator for our multi-family portfolio of properties,

Candidate will work full-time in our HQ. office located in Piscataway, NJ.

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Responsibilities

Move Ins

  • Check Pending tasks daily to confirm upcoming move ins
  • Verify that all applications are complete (as per checklist), that residents have passed screening & that income has been calculated properly
  • Verify that all lease offers are in accordance with approved Market Rents & Concessions Memo
  • Generate Lease documents for signature
  • Verify Renters Insurance and all other required items for all new move in’s
  • Verify that all files are complete and accurate before they are executed and uploaded
  • Verify that all documents are scanned into RealPage
  • Double check all move in activity in RealPage including but not limited to: move-in dates, lease dates, recurring charges, one time & recurring concessions, app fees, amenity fees, security deposits, & first month prorates
  • Identify pending adjustments due to any move-in errors and make corrections
  • Keep Move in Audit spreadsheets up to date

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Renewals

  • Check Pending tasks daily to confirm upcoming renewals
  • Run Lease Expiration Detail report and generate renewal pricing monthly
  • Run reports monthly for prior periods to catch an generate pricing for short term leases.
  • Verify and email all renewal offers
  • Follow up with sites weekly regarding following renewal policy and accountability
  • Update offers as necessary based upon negotiations
  • Generate Lease documents for signature
  • Verify that all renewal documents including updated income verification, if necessary, updated renters’ insurance, signed leases & addendums, etc. have been signed/scanned into RealPage
  • Double check all renewal entries in RealPage including but not limited to: lease dates, recurring charges, one time & recurring concessions, amenity renewal fees, updated security deposits, & rent prorates
  • Identify pending adjustments due to any renewal errors and make corrections
  • Keep Renewal Audit spreadsheets up to date

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Move Outs

  • Mail out all FAS for former residents (prepare labels, stuff envelopes, post office runs)

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With balances -

  • Enter on the ā€œFormer Resident Debtā€ spreadsheets for Legal
  • Update activity with tracking info in RealPage

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With refunds

  • Update activity with tracking info in RealPage

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Reporting

  • Follow up with site offices and keep 30-60-90 report updated

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Accounts Receivable

  • Assist Accounts Receivable team with ledger reconciliations pertaining to move in fees, renewal fees including short term premiums etc.

Qualifications

  • Proficient analytical skill,ability to investigate and problem solve
  • Proficient communication and interpersonal skills, including written, verbal and listening skills
  • Ability to use accounting software, word processing, spreadsheets, and related software applications
  • Detail orientated and ability to complete tasks accurately under the time pressure
  • Positive attitude and commitment

Previous Experience Desired

  • Minimum of 3 years relevant work experience

Education Desired

  • BA/BS degree or equivalent practical experience

In return, we offer competitive compensation, along with comprehensive benefits, including medical and dental and vision benefits,

life insurance, a 401(k) with company match and a corporate team environment with opportunity of advancement.

Also includes on-site company fitness gym, discounts on housing and home appliances.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.




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