Median Annual Wage: $54,270
Education: Bachelor's degree (48%); High school diploma or equivalent (12%); Some college, no degree (12%)
Projected Growth: Average (8% to 14%)
Related Job Titles: Property Manager; Apartment Manager; Community Manager; Lease Administration Supervisor; Resident Manager; Leasing Manager; Commercial Property Services Coordinator; Condominium Association Property Manager; Consulting Property Manager; On Site Property Manager
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Source: O*NET OnLine information for Property, Real Estate, and Community Association Managers.
More Management Careers
- 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.
- Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- Act as liaisons between on-site managers or tenants and owners.
- Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Prepare detailed budgets and financial reports for properties.
- Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Prepare and administer contracts for provision of property services such as cleaning, maintenance, and security services.
- Investigate complaints, disturbances and violations and resolve problems following management rules and regulations.
- Review rents to ensure that they are in line with rental markets.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
- Purchase building and maintenance supplies, equipment, or furniture.
Source: O*NET OnLine information for Property, Real Estate, and Community Association Managers.
- 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.
- Persuasion - Persuading others to change their minds or behavior.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Source: O*NET OnLine information for Property, Real Estate, and Community Association Managers.