Property, Real Estate, and Community Association Managers

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).

What you'd actually do

• Prepare detailed budgets and financial reports for properties.
• Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
• 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.
• Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
• Direct and coordinate the activities of staff and contract personnel and evaluate their performance.

How you get there

Typical entry-level education: High school diploma. Overall preparation: considerable preparation (Job Zone 4 of 5).

The feel of the work

Much of the work happens outdoors; you're around people constantly. (Compared against the other 818 careers in the guide.)

Working for yourself

About 34% of property, real estate, and community association managers are self-employed.

Who it tends to fit

This work tends to fit people who are take-charge, organized and detail-focused and people-focused.

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Quick questions

How much does a property, real estate, and community association manager make?

The median pay is $33.65 per hour — roughly $70,000 a year, with the real range running from about $19.72/hr (10th percentile) to $67.16/hr (90th percentile). Source: U.S. Bureau of Labor Statistics.

Do you need a degree to be a property, real estate, and community association manager?

The typical entry-level education is: High school diploma. Overall preparation level: considerable preparation (Job Zone 4 of 5).

What does a property, real estate, and community association manager actually do all day?

Prepare detailed budgets and financial reports for properties. Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties. Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.