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Job Description |
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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). |
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Job Requirements |
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Significant Points |
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(Abstract from Career Articles) |
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Property, Real Estate, and Community Association Managers |
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Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, and preserves its resale or leasing value.
Most property, real estate, and community association managers work out of an office. However, many onsite managers spend a large part of their workday doing tasks away from the office, such as showing apartments, inspecting the grounds, or meeting with owners. About 2 in 5 were self-employed in 2014.
Although many employers prefer to hire college graduates, a high school diploma is enough for some introductory management positions. Some managers receive vocational training. Other managers must have a real estate license.
The median annual wage for property, real estate, and community association managers was $55,380 in May 2015.
Employment of property, real estate, and community association managers is projected to grow 8 percent from 2014 to 2024, about as fast as the average for all occupations. Job opportunities should be best for those with a college degree in business administration or real estate and for those who obtain professional credentials.
Explore resources for employment and wages by state and area for property, real estate, and community association managers.
Compare the job duties, education, job growth, and pay of property, real estate, and community association managers with similar occupations.
Learn more about property, real estate, and community association managers by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations. |
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Top Ten Industries |
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U.S. National Figures. |
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Property, Real Estate, and Community Association Managers |
Real Estate |
159,300 |
Local Government, excluding schools and hospitals (OES Designation) |
7,080 |
Business, Professional, Labor, Political, and Similar Organizations |
6,400 |
Management of Companies and Enterprises |
5,780 |
Land Subdivision |
2,260 |
Residential Building Construction |
2,080 |
Employment Services |
1,290 |
Oil and Gas Extraction |
1,190 |
Community Food and Housing, and Emergency and Other Relief Services |
1,180 |
State Government, excluding schools and hospitals (OES Designation) |
1,130 |
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Career Video |
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Related Majors & Degrees |
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