What is a Property, Real Estate, or Community Association Manager?
Property, Real Estate, or Community Association Manager Definition 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).
List of Property, Real Estate, or Community Association Manager Job Duties
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Contract with architectural firms to draw up detailed plans for new structures.
- Purchase building and maintenance supplies, equipment, or furniture.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Investigate complaints, disturbances and violations and resolve problems, following management rules and regulations.
Featured schools near , edit
Qualities of a Property, Real Estate, or Community Association Manager
These are the skills Property, Real Estate, and Community Association Managers say are the most useful in their careers:
Speaking: Talking to others to convey information effectively.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Coordination: Adjusting actions in relation to others’ actions.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Negotiation: Bringing others together and trying to reconcile differences.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Related Job Titles for this Occupation:
- Real Estate Firm Manager
- Market Superintendent
- Resident Manager
- Right-of-Way Supervisor
- Lease Administration Supervisor
Is There Job Demand for Property, Real Estate, and Community Association Managers?
In the United States, there were 317,300 jobs for Property, Real Estate, or Community Association Manager in 2016. New jobs are being produced at a rate of 10.3% which is above the national average. The Bureau of Labor Statistics predicts 32,600 new jobs for Property, Real Estate, or Community Association Manager by 2026. Due to new job openings and attrition, there will be an average of 28,300 job openings in this field each year.
The states with the most job growth for Property, Real Estate, or Community Association Manager are Utah, Idaho, and Colorado. Watch out if you plan on working in West Virginia, Maine, or Maryland. These states have the worst job growth for this type of profession.
Property, Real Estate, or Community Association Manager Salary
The typical yearly salary for Property, Real Estate, and Community Association Managers is somewhere between $29,700 and $126,200.
Property, Real Estate, and Community Association Managers who work in New York, Rhode Island, or New Jersey, make the highest salaries.
Below is a list of the median annual salaries for Property, Real Estate, and Community Association Managers in different U.S. states.
| State | Annual Mean Salary |
|---|---|
| Alabama | $64,890 |
| Alaska | $80,630 |
| Arizona | $65,890 |
| Arkansas | $49,430 |
| California | $76,510 |
| Colorado | $92,900 |
| Connecticut | $72,760 |
| Delaware | $64,980 |
| District of Columbia | $82,940 |
| Florida | $61,700 |
| Georgia | $89,520 |
| Hawaii | $66,240 |
| Idaho | $36,800 |
| Illinois | $69,110 |
| Indiana | $51,630 |
| Iowa | $72,200 |
| Kansas | $52,040 |
| Kentucky | $48,960 |
| Louisiana | $50,970 |
| Maine | $54,520 |
| Maryland | $76,450 |
| Massachusetts | $89,530 |
| Michigan | $72,470 |
| Minnesota | $67,270 |
| Mississippi | $41,320 |
| Missouri | $53,780 |
| Montana | $47,980 |
| Nebraska | $53,550 |
| Nevada | $53,650 |
| New Hampshire | $65,760 |
| New Jersey | $92,830 |
| New Mexico | $56,260 |
| New York | $112,580 |
| North Carolina | $70,230 |
| North Dakota | $52,550 |
| Ohio | $62,860 |
| Oklahoma | $92,850 |
| Oregon | $63,300 |
| Pennsylvania | $79,790 |
| Rhode Island | $94,940 |
| South Carolina | $65,660 |
| South Dakota | $40,010 |
| Tennessee | $56,310 |
| Texas | $78,420 |
| Utah | $47,850 |
| Vermont | $65,230 |
| Virginia | $97,580 |
| Washington | $90,660 |
| West Virginia | $63,110 |
| Wisconsin | $63,230 |
| Wyoming | $59,750 |
What Tools & Technology do Property, Real Estate, and Community Association Managers Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Property, Real Estate, and Community Association Managers:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Hypertext markup language HTML
- Microsoft PowerPoint
- Microsoft Outlook
- Web browser software
- Microsoft Access
- Data entry software
- Microsoft Project
- Spreadsheet software
- Microsoft Dynamics
- Microsoft Publisher
- Google Docs
- Intuit QuickBooks
- Oracle JD Edwards EnterpriseOne
- YouTube
- Google Drive
- Calendar and scheduling software
How do I Become a Property, Real Estate, or Community Association Manager?
What education or degrees do I need to become a Property, Real Estate, or Community Association Manager?
How many years of work experience do I need?
Who Employs Property, Real Estate, and Community Association Managers?
Below are examples of industries where Property, Real Estate, and Community Association Managers work:
Other Jobs You May be Interested In
Those thinking about becoming a Property, Real Estate, or Community Association Manager might also be interested in the following careers:
Those who work as a Property, Real Estate, or Community Association Manager sometimes switch careers to one of these choices:
- Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products
- Travel Guides
References:
Image Credit: Godrej Mamurdi Pune via Creative Commons Attribution-Share Alike 4.0 International
More about our data sources and methodologies.
Featured Schools
You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs.
Visit School
BusinessDegreeCentral.com provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© BusinessDegreeCentral.com – All Rights Reserved.