What is the difference between property management and facilities management?
I need detailed information and useful links please. I searched the internet but couldnt find more than definitions on wikipedia
Property management deals with the renters.. finding prospects and filling in vacancies.
Facilities management deals with the building, making sure the heat/water is working and any problems with the physical property.
There is no legal difference. In everyday usage, a property manager collects the rent for the landlord. A facility manager does the maintenance. So one building might have both positions.
Some property managers order repairs. Some facility managers collect rent..