Find Trade Skills Schools

Study Area & Zipcode

Property, Real Estate, or Community Association Manager

Find Schools Near

All About Property, Real Estate, and Community Association Managers

Job Description: 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).

Life As a Property, Real Estate, or Community Association Manager: What Do They Do?

  • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
  • Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
  • Prepare detailed budgets and financial reports for properties.
  • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
  • Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.

What a Property, Real Estate, or Community Association Manager Should Know

When polled, Property, Real Estate, and Community Association Managers say the following skills are most frequently used in their jobs:

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.

Other Property, Real Estate, or Community Association Manager Job Titles

  • Cooperative Manager
  • Commercial Property Services Coordinator
  • Oil Agent
  • Residential Manager
  • Lease Administrator

Are There Job Opportunities for Property, Real Estate, and Community Association Managers?

There were about 317,300 jobs for Property, Real Estate, or Community Association Manager in 2016 (in the United States). 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. There will be an estimated 28,300 positions for Property, Real Estate, or Community Association Manager per year.

undefined

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.

Salary for a Property, Real Estate, or Community Association Manager

Property, Real Estate, and Community Association Managers make between $29,700 and $126,200 a year.

undefined

Property, Real Estate, and Community Association Managers who work in New York, Rhode Island, or New Jersey, make the highest salaries.

How much do Property, Real Estate, and Community Association Managers make 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 do Property, Real Estate, and Community Association Managers Use?

Below is a list of the types of tools and technologies that Property, Real Estate, and Community Association Managers may use on a daily basis:

  • 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
  • Facebook
  • Microsoft Publisher
  • Google Docs
  • Intuit QuickBooks
  • Oracle JD Edwards EnterpriseOne
  • YouTube
  • Google Drive
  • Calendar and scheduling software

Becoming a Property, Real Estate, or Community Association Manager

Education needed to be a Property, Real Estate, or Community Association Manager:

undefined

How many years of work experience do I need?

undefined

Where do Property, Real Estate, and Community Association Managers Work?

undefined

Below are examples of industries where Property, Real Estate, and Community Association Managers work:

undefined

Other Jobs You May be Interested In

Those interested in being a Property, Real Estate, or Community Association Manager may also be interested in:

Those who work as a Property, Real Estate, or Community Association Manager sometimes switch careers to one of these choices:

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

Find Business Schools Near You

Our free school finder matches students with accredited business colleges across the U.S.