CAREER

Property, Real Estate, and Community Association Managers

Overview

Salary Median (2020)

$59,660

Projected Job Growth (2019-2029)

+0.2% (little or no change)

Most Common Level of Education

High school diploma or equivalent

Career

What Property, Real Estate, and Community Association Managers Do

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

Other Job Titles Property, Real Estate, and Community Association Managers May Have

Apartment Manager, Community Association Manager, Community Manager, Lease Administration Supervisor, Leasing Manager, Occupancy Director, On-Site Manager, Property Manager, Real Estate Manager, Resident Manager

How Leaders Describe a Typical Day at Work

President of NSI Corporation (DBA: Pike Properties) / Redondo Beach City Council - District 1 ,

NSI Corporation; dba: Pike Properties

Today I usually answer about 50 emails, speak with clients on the phone and make decisions of what rent rates should be, negotiate vendor contracts, oversee work performed and work on getting new clients. It keeps me busy and is fun work!

Homeowner Relations Manager ,

AMI

I help manage 10 different Homeowner Associations (HOA's). I help coordinate improvements of 50 buildings total along with any work over 536 homeowners need done in their unit or home. We also take care of the grounds as well as the meetings, receival of payments, sending out bills, etc....


Tasks & Responsibilities May Include

  • Prepare detailed budgets and financial reports for properties.
  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
  • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
  • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.

This page includes information from theO*NET 25.0 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.