Which of the following is NOT a function of property management?

The correct answer is that selling properties directly to buyers is not a function of property management. Property management focuses primarily on the day-to-day operations of a rental property rather than its sale.

Property managers are responsible for responsibilities such as handling tenant relations, which involves communicating with tenants, addressing their concerns, and fostering a good living environment. They also ensure compliance with local, state, and federal laws, which is critical for maintaining the property's legality and avoiding potential litigation. Collecting payments from tenants is another essential function, as it directly impacts the financial viability of the property.

In contrast, selling properties is typically the role of real estate agents or brokers. While property managers may assist in the sales process or work with real estate professionals, their primary focus is on managing the property rather than facilitating the sale. Thus, selling properties directly to buyers falls outside the standard functions of property management.