Every day is different. I’m constantly looking for new buildings and acquisition opportunities, talking with brokers, checking in with construction teams, and visiting project sites. I also keep our investors updated and build relationships with potential investors to connect capital to projects.
CAREER
Property, Real Estate, and Community Association Managers
Overview
Salary Median (2023)
$62,850
Projected Job Growth (2023-2033)
+2.8% (slower than the average)
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
I can move between four or five projects in a single day, providing counsel and direction wherever it’s needed. I handle the company’s financials, from payroll and compliance to planning ahead and securing financing for our projects. Even as our team has grown, I’m still deeply involved in the work—and my day rarely stops at five.
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.
Education
Level of Education Attained by Property, Real Estate, and Community Association Managers
Most common level of education among people in
this career: Bachelor's degree (55%)
High school diploma or equivalent
Bachelor's degree
Post-secondary certificate
Majors Related to Career
Educational Paths Suggested by Leaders
President of NSI Corporation (DBA: Pike Properties) / Redondo Beach City Council - District 1 ,
NSI Corporation; dba: Pike Properties
Suggested Path
High School
Certification / License
Real Estate
Suggested Path
Bachelor
Science Degree
Additional Skills & Experiences That Can Help You Excel
Sales is probably the most transferable skill set I’ve had. I use it to tell a compelling story, ask probing questions, and understand what matters to investors, tenants, and partners. Negotiation and relationship-building are also huge, and in real estate you have to stay flexible—projects change, markets shift, and you have to pivot while keeping everyone moving toward the same goal.
President of NSI Corporation (DBA: Pike Properties) / Redondo Beach City Council - District 1 ,
NSI Corporation; dba: Pike Properties
With a High School education and passing your Real Estate License Test you should be all set!
Getting Started
Recommended First Step for:
High School Students
President of NSI Corporation (DBA: Pike Properties) / Redondo Beach City Council - District 1 ,
NSI Corporation; dba: Pike Properties
Figure out what excites you...if you are going to be working 8 hours a day then it is a lot easier if the work you do is fun & challenging! I am self-employed now and if you have an idea and can get it off the ground then I say do it! Otherwise you'll need to start somewhere. The advantage of working for somebody is if you find it is not something you like to do then you can always find another job but I recommend you put enough thought into it so you hopefully get it right the first time!
Start by investing a little bit of money whenever you can into a stock or your own small businesses. Learn how to make and grow money and explore the things you're interested in while you're at it. When you're young, you have so much time to be able to explore your ideas and challenge the system.
College Students
Everyone
This page includes information from theO*NET 29.2 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.
