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).
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 does a Property, Real Estate, and Community Association Managers do?
How much can you earn?
National Salary Distribution
Key Insights
- •Salary range spans $101,680 from entry level to top earners
- •Middle 50% earn between $49,530 and $95,760
- •Salary spread is 69.3% around the median, showing high variation
- •Total national employment: 296,640 professionals
What's the job outlook?
Job Market Intelligence
Current Employment
Top Industries
10-Year Outlook
Employment Projections
Growth Category: As fast as average
Geographic Salary & Employment Data
Explore where Property, Real Estate, and Community Association Managers professionals work across the United States
Understanding the Data
Location Quotient (LQ):
- • LQ > 1.0: More jobs than national average
- • LQ = 1.0: Same as national average
- • LQ < 1.0: Fewer jobs than national average
Data Source:
Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), May 2024
Key Growth Factors
- •Average growth expected
What skills do you need?
Top 10 Most Important Skills
Skills Overview
Skills are rated on a scale of 0-5, with 5 being the most important. The complexity level indicates how advanced the skill typically needs to be.
Speaking
advancedReading Comprehension
advancedActive Listening
intermediateCoordination
intermediateWriting
intermediateCritical Thinking
intermediateNegotiation
intermediateSocial Perceptiveness
basicPersuasion
basicManagement of Personnel Resources
basicHighly Transferable Skills
These skills are valuable across multiple career paths, making career transitions easier:
Skills by Career Stage
Entry Level
- ✓Speaking
- ✓Active Listening
- ✓Coordination
- →Negotiation
- →Social Perceptiveness
- →Critical Thinking
Mid Career
- ✓Speaking
- ✓Active Listening
- ✓Coordination
- ✓Reading Comprehension
Senior Level
- ★Speaking
- ★Active Listening
- ★Reading Comprehension
- ★Writing
Skill Development Tips
- •Focus on developing the top 5 skills first - they have the highest impact on career success
- •Transferable skills open doors to related careers and provide flexibility
- •Balance technical skills with soft skills for well-rounded professional development
- •Entry-level positions prioritize foundational skills that can be built upon over time
What technology will you use?
Technology & Digital Skills
Essential technology proficiencies for Property, Real Estate, and Community Association Managers
Digital Literacy Requirements
This career requires expert digital literacy
Key Digital Competencies:
Hot Technologies in Demand
These technologies are currently trending and highly sought after in this field
Intuit QuickBooks
🔥 Hot TechMicrosoft Access
🔥 Hot TechYardi software
🔥 Hot TechGoogle Analytics
🔥 Hot TechMicrosoft Outlook
🔥 Hot TechMicrosoft Dynamics
🔥 Hot TechMicrosoft Office software
🔥 Hot TechMicrosoft Windows
🔥 Hot TechMicrosoft PowerPoint
🔥 Hot TechMicrosoft Project
🔥 Hot TechMicrosoft Excel
🔥 Hot TechTechnology Stack
Technology Stack Overview
Key technologies used in this career
📚 Technology Learning Resources
Recommended Certifications
- •Vendor-specific software certifications
- •Industry-recognized technology credentials
- •Professional development courses
Online Learning Platforms
- •LinkedIn Learning - Comprehensive technology courses
- •Coursera - University-level programs
- •Udemy - Practical skills training
💡 Technology Skill Development Tips
- •Focus on mastering hot technologies first - they're currently most in-demand
- •Build a portfolio demonstrating your proficiency with key tools and software
- •Stay current through continuous learning - technology evolves rapidly
- •Consider vendor certifications to validate your skills to employers
What's the work environment like?
💡Is This Work Environment Right for You?
Consider these factors when evaluating if you'll thrive in this work environment:
- •Are you comfortable working in mostly indoor environments?
- •Can you meet moderate physical demands?
- •Do you enjoy some team team environments?
- •Are you comfortable working with safety protocols and protective equipment?
What are the key tasks?
Tasks & Responsibilities
Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
🔴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.
🔴Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
🔴Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
🔴Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
🔴Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
🔴Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
🔴Determine and certify the eligibility of prospective tenants, following government regulations.
🟡Prepare detailed budgets and financial reports for properties.
🟡💡 Key Takeaways
- •Daily tasks focus primarily on general responsibilities activities
- •33% of tasks are performed by most workers in this occupation
- •Career advancement brings increased leadership and strategic responsibilities
What career paths are available?
Career Pathways
Advancement Opportunities
Typical career progression paths from Property, Real Estate, and Community Association Managers
💡 Career Planning Tips
- •Most successful advancement happens after 3-5 years of experience
- •Lateral moves can provide valuable cross-functional experience for future leadership roles
- •Focus on developing skills that are transferable across multiple career paths
- •Consider industry trends when planning long-term career moves
Is this career right for you?
Personality & Values Fit
Is This Career Right for You?
Property, Real Estate, and Community Association Managers professionals typically have a ECS Holland code and highly value independence
Important Personality Traits
Work styles that contribute to success as a Property, Real Estate, and Community Association Managers
Integrity
CriticalIntegrity
Dependability
CriticalDependability
Attention to Detail
CriticalAttention to Detail
Stress Tolerance
CriticalStress Tolerance
Initiative
Very ImportantInitiative
Leadership
Very ImportantLeadership
Complete Work Styles Profile
💡 Tips for Career Fit Success
- •While personality fit is important, skills can be developed with practice and training
- •Consider informational interviews to better understand the day-to-day personality requirements
- •Work environments vary by employer - research specific companies for cultural fit
- •Your interests and values may evolve - reassess periodically throughout your career
What education is required?
Education Level
Preparation Level
Experience Needed
📚 Education Requirement
Most of these occupations require a four-year bachelor's degree, but some do not.
Significant preparation with related work experience
💼 Experience Requirement
A considerable amount of work-related skill, knowledge, or experience needed
Common pathways to gain experience:
- • Bachelor's degree in related field
- • Several years of work experience
- • Professional certifications often required
Job Zone Four: Considerable Preparation Needed
Most of these occupations require a four-year bachelor's degree, but some do not.
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