Property, Real Estate, and Community Association Managers

Strategy, management, and execution of commercial, industrial, and residential real estate transactions and operations. Managers of HOAs and condo complexes are included.

Career Snapshot

ABOUT PROPERTY, REAL ESTATE, OR COMMUNITY ASSOCIATION MANAGER CAREERS

Property or real estate managers oversee the critical behind-the-scenes operations of shopping malls, commercial office buildings, and residential buildings. They market apartments and commercial space, negotiate leases, pay bills, prepare financial accounts, and report on the status of their properties to the owners. 

Managers also negotiate building service contracts and hire and supervise maintenance and management staff. They function as the owners' agents and frequently manage many properties. Most firms prefer managers with real estate, business, or finance degrees. They must be effective administrators, have excellent oral and written communication skills, and love working with a diverse range of people. 

Work is divided between the office and on-site at the property. The hours might be long and unpredictable at times. Managers must be available 24 hours a day, seven days a week in the event of an emergency. Evening and weekend hours are frequently required to show prospective clients unoccupied homes or attend building association meetings. 

Apartment building managers frequently live in the building they manage. A job as a property and real estate manager can be lucrative if you enjoy running things and are up for new challenges.

Employment Projections

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Wages


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Characteristics

Work closely with team members, clients etc.
Level of responsibilities
Critical decision making
Leadership
Competition for this position
Communication with others
Comfort of the work setting
Exposure to extreme environmental conditions
Exposure to job hazards
Physical demands
Dealing and handling conflicts
Job challenge and pressure to meet deadlines

Activities

Communicating with Persons Outside Organization Know More
Communicating with Supervisors, Peers, or Subordinates Know More
Coordinating the Work and Activities of Others Know More
Establishing and Maintaining Interpersonal Relationships Know More
Getting Information Know More
Interacting With Computers Know More
Making Decisions and Solving Problems Know More
Resolving Conflicts and Negotiating with Others Know More

Areas of Study

Administration and Management Know More
Customer and Personal Service Know More
Economics and Accounting Know More
English Language Know More
Law and Government Know More
Mathematics Know More
Personnel and Human Resources Know More
Public Safety and Security Know More

Degrees

Colleges

Top Skills

Active Listening Know More
Coordination Know More
Critical Thinking Know More
Negotiation Know More
Reading Comprehension Know More
Social Perceptiveness Know More
Speaking Know More
Writing Know More