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Property, Real Estate, and Community Association Managers

In the Property, Real Estate, and Community Association Managers occupation, workers plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. O*NET rates it as considerable preparation, which usually means a bachelor’s degree plus a period of work experience. It leans on speaking, reading comprehension, and critical thinking. Expect to manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties. Interest ratings put Enterprising on top at 6.7 out of 7 and Conventional second, so the code is ECS and the day leans toward leading, persuading and making business decisions. It tends to suit people who want leading, persuading and making business decisions, and it offers little for anyone seeking creative work with room for original expression.

What they do

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).

Main tasks

  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
  • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
  • Prepare detailed budgets and financial reports for properties.
  • Act as liaisons between on-site managers or tenants and owners.
  • Solicit and analyze bids from contractors for repairs, renovations, and maintenance.

Skills

  • Speaking
  • Reading Comprehension
  • Critical Thinking
  • Active Listening
  • Writing
  • Coordination

Who this career fits

May suit you if

  • You like taking the lead and making the call.
  • You like clear rules and getting the details right.
  • You are ready to spend around four years on a degree, then build experience.
  • You are comfortable relying on speaking and reading comprehension.

May not suit you if

  • You would rather not persuade, sell or manage other people.
  • You need creative expression to be a big part of your day. Artistic rates 1.7 out of 7 here.
  • You want to avoid a four-year degree or its equivalent.

Interest profile

O*NET rates each occupation from 1 to 7 on six interest types. The code ECS takes the three highest, and Enterprising comes first here.

Preparation

Considerable preparation. Most jobs here ask for a bachelor’s degree, and employers usually expect a few years of related experience as well.

Also called

  • Apartment Manager
  • Commercial Property Manager
  • Community Association Manager
  • Community Manager
  • Lease Administration Supervisor

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This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.