What You Need to Know About Property, Real Estate, or Community Association Manager
Property, Real Estate, or Community Association Manager Example 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 records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Investigate complaints, disturbances and violations and resolve problems, following management rules and regulations.
- Confer regularly with community association members to ensure their needs are being met.
- Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
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What Every Property, Real Estate, or Community Association Manager Should Know
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
- Facility Coordinator
- Land Acquisition Manager
- Housing Director
- Cooperative Manager
- Facilities Coordinator
Property, Real Estate, or Community Association Manager Job Outlook
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. There will be an estimated 28,300 positions for Property, Real Estate, or Community Association Manager per 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.
How Much Does a Property, Real Estate, or Community Association Manager Make?
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.
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 & Technology 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
- 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
What kind of Property, Real Estate, or Community Association Manager requirements are there?
What work experience do I need to become a Property, Real Estate, or Community Association Manager?
Who Employs Property, Real Estate, and Community Association Managers?
Property, Real Estate, and Community Association Managers work in the following industries:
Related Careers
Those interested in being a Property, Real Estate, or Community Association Manager may also be interested in:
Career changers with experience as a Property, Real Estate, or Community Association Manager sometimes find work in one of the following fields:
- 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
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