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Property, Real Estate, or Community Association Manager

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What Does it Take to Be a Property, Real Estate, or Community Association Manager?

Career 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).

Property, Real Estate, or Community Association Manager Responsibilities

  • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
  • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
  • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
  • Act as liaisons between on-site managers or tenants and owners.
  • Clean common areas, change light bulbs, and make minor property repairs.
  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.

Skills Needed to be a Property, Real Estate, or Community Association Manager

Property, Real Estate, and Community Association Managers state the following job skills are important in their day-to-day work.

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.

Types of Property, Real Estate, or Community Association Manager Jobs

  • Real Estate Office Manager
  • Land Leases and Rentals Manager
  • Landman
  • Leasing Manager
  • Community Manager

What Kind of Property, Real Estate, or Community Association Manager Job Opportunities Are There?

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.

Forecasted Number of Jobs for Property, Real Estate, and Community Association Managers in U.S.

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.

What is the Average Salary of a Property, Real Estate, or Community Association Manager

The average yearly salary of a Property, Real Estate, or Community Association Manager ranges between $29,700 and $126,200.

Salary Ranges for Property, Real Estate, and Community Association Managers

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

Tools & Technologies Used by Property, Real Estate, and Community Association Managers

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

How do I Become a Property, Real Estate, or Community Association Manager?

Are there Property, Real Estate, and Community Association Managers education requirements?

Property, Real Estate, or Community Association Manager Degree Level

How Long Does it Take to Become a Property, Real Estate, or Community Association Manager?

Property, Real Estate, or Community Association Manager Work Experience

Who Employs Property, Real Estate, and Community Association Managers?

Property, Real Estate, or Community Association Manager Sectors

Property, Real Estate, and Community Association Managers work in the following industries:

Property, Real Estate, or Community Association Manager Industries

Other Jobs You May be Interested In

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:

References:

Image Credit: Godrej Mamurdi Pune via Creative Commons Attribution-Share Alike 4.0 International

More about our data sources and methodologies.

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