Property, Real Estate, and Community Association Managers
Human ServicesO*NET 11-9141.00United States
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).
- Median annual earnings
- $68,045
- Projected change
- +5%
- Typical education
- Bachelor's degree
- Employment
- 415.24K jobs
50th percentile, United States
2025 to 2035
55% of the workforce
Growing to 435.97K by 2035
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The work
What property, real estate, and community association managers do
Tasks reported for this occupation, ordered by how often they come up in the role.
- 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.
- 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.
- Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
- Act as liaisons between on-site managers or tenants and owners.
- Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- 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.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
- Purchase building and maintenance supplies, equipment, or furniture.
Pay and outlook
What the job pays and where it is heading
Annual earnings range
Reported earnings by percentile, United States
- 10th percentile
- $34,560
- 25th percentile
- $46,034
- 50th percentile
- $68,045
- 75th percentile
- $103,416
- 90th percentile
- $182,847
The gold marker shows the median. Half earn more than $68,045 and half earn less.
Employment outlook
2025 to 2035 projection
+5%average or slower
2025415,238 jobs
2035 projected435,967 jobs
20,729 more positions over the decade, before replacement hiring.
Preparation
Education levels
What people currently working in the career hold. These are not entry requirements.
- Bachelor's degree
- 55%
- High school diploma or less
- 15%
- Certificate
- 10%
- Master's or Professional degree
- 10%
- Some college
- 5%
- Associate degree
- 5%
Skills
Skills employers ask for
Technical skills appearing most often in job postings for this occupation.
How the work gets done
Core competencies
Broad capabilities associated with strong performance in this occupation.
- Speaking
- Talking to others to convey information effectively.
- Reading Comprehension
- Understanding written sentences and paragraphs in work-related documents.
- 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.
- Writing
- Communicating effectively in writing as appropriate for the needs of the audience.
- Coordination
- Adjusting actions in relation to others' actions.
- Critical Thinking
- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- 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.
- Judgment and Decision Making
- Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Management of Personnel Resources
- Motivating, developing, and directing people as they work, identifying the best people for the job.
- Complex Problem Solving
- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Monitoring
- Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Time Management
- Managing one's own time and the time of others.
- Active Learning
- Understanding the implications of new information for both current and future problem-solving and decision-making.
- Management of Financial Resources
- Determining how money will be spent to get the work done, and accounting for these expenditures.
- Mathematics
- Using mathematics to solve problems.
- Service Orientation
- Actively looking for ways to help people.
- Management of Material Resources
- Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
- Instructing
- Teaching others how to do something.
In the market
Job titles and employers
Recent job postings in United StatesCommon job titles
- 01Property Managers16,561 postings
- 02Community Managers10,939 postings
- 03Assistant Property Managers9,153 postings
- 04Assistant Community Managers5,892 postings
- 05Community Living Managers2,560 postings
- 06Leasing Managers2,291 postings
- 07Multifamily Project Managers1,445 postings
- 08Regional Property Managers1,229 postings
- 09Apartment Property Managers1,189 postings
- 10Community Association Managers1,084 postings
- 11Residential Managers1,043 postings
- 12Apartment Community Managers1,026 postings
- 13Affordable Housing Property Managers1,013 postings
- 14Residential Supervisors904 postings
- 15Commercial Property Managers878 postings
- 16Residential Security Officers746 postings
- 17Property Administrators696 postings
- 18Community Directors691 postings
- 19Regional Managers685 postings
- 20Leasing Specialists680 postings
Top employers
- 01Resort Lifestyle Communities2,425 postings
- 02Asset Living1,996 postings
- 03Greystar Management Services1,835 postings
- 04Greystar1,437 postings
- 05Allied Universal1,357 postings
- 06Cushman & Wakefield1,150 postings
- 07CubeSmart860 postings
- 08Robert Half837 postings
- 09RPM Living831 postings
- 10Associa587 postings
- 11FirstService Residential583 postings
- 12Avenue5 Residential506 postings
- 13Turning Point Action466 postings
- 14Willow Bridge461 postings
- 15WinnCompanies455 postings
- 16BGSF419 postings
- 17JPMorgan Chase397 postings
- 18National Storage Affiliates347 postings
- 19Brookdale Senior Living311 postings
- 20CBRE296 postings
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