PSI Oklahoma Real Estate Practice Test

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Prepare for the Oklahoma Real Estate Exam with our quiz. Test your knowledge with flashcards and multiple-choice questions, each providing hints and detailed explanations. Ace your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What is the primary responsibility of a property manager?

To manage the financial aspects of the building.
To find tenants for vacant properties.
To maintain the property and ensure tenant satisfaction.
To oversee financial transactions only.

The correct answer is: To maintain the property and ensure tenant satisfaction.

The primary responsibility of a property manager encompasses a wide range of tasks, but a central focus is on maintaining the property and ensuring tenant satisfaction. This involves not only overseeing the physical state of the building—conducting repairs and regular maintenance—but also fostering a positive relationship with tenants, addressing their needs, and resolving issues that may arise during their tenancy. By prioritizing property maintenance and tenant satisfaction, the property manager plays a crucial role in retaining tenants, maximizing occupancy rates, and ultimately contributing to the financial health of the property. While managing financial aspects and finding tenants are important functions, they are secondary to the overarching duty of ensuring that the property is well-kept and that tenants have a positive living experience. This holistic approach is what distinguishes effective property management and drives long-term success in real estate operations.