What is the primary role of a property management company?

The primary role of a property management company is to handle tenant relations and maintenance for property owners. This involves various responsibilities that ensure the property is well-maintained and that tenant needs are addressed promptly. Property management companies act as intermediaries between the property owners and tenants, taking care of tasks such as collecting rent, managing leases, handling maintenance requests, ensuring compliance with local regulations, and resolving tenant issues.

By focusing on tenant relations, property management companies help maintain a positive living environment, which can lead to higher tenant retention rates and ultimately provide a stable income stream for property owners. Additionally, these companies often have expertise in property maintenance and management, which allows them to efficiently address and resolve issues within the property, ensuring it remains in good condition.

In contrast, the other options provided focus on different aspects that fall outside the primary responsibilities of a property management company. While education, facilitating real estate transactions, and offering financial advice are important components of the real estate industry, they do not reflect the core function of property management, which is centered on the day-to-day operations related to working with tenants and maintaining properties.