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2021 Property, Real Estate, and Community Association Managers Salary Guide

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 Salary

Salary

$58.8K

Growth

0%

Bright Outlook

Below Average

Green

No

Property, Real Estate, and Community Association Managers Job Description

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).

Also known as:

Apartment Manager, Community Association Manager, Community Manager, Lease Administration Supervisor, Leasing Manager, Occupancy Director, On-Site Manager, Property Manager, Real Estate Manager, Resident Manager

How Much Do Property, Real Estate, and Community Association Managers Make ? 2021

Percentile 10% 25% 50% (Median) 75% 90%
Annual Wage $31,030 $41,630 $58,760 $84,430 $129,160
Hourly Wage $14.92 $20.02 $28.25 $40.59 $62.10

How Much Do Property, Real Estate, and Community Association Managers Make ? 2021

Percentile
10%
25%
50% (Median)
75%
90%
Annual Wage
$31,030
$41,630
$58,760
$84,430
$129,160
Hourly Wage
$14.92
$20.02
$28.25
$40.59
$62.10

Property, Real Estate, and Community Association Managers Tasks

  • Prepare detailed budgets and financial reports for properties.
  • Prepare detailed budgets and financial reports for properties.
  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential 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.
  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
  • Review rents to ensure that they are in line with rental markets.
  • 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.
  • 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.
  • Clean common areas, change light bulbs, and make minor property repairs.
  • 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.
  • Confer regularly with community association members to ensure their needs are being met.
  • Determine and certify the eligibility of prospective tenants, following government regulations.
  • 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.
  • Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
  • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
  • Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
  • 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.
  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
  • Contract with architectural firms to draw up detailed plans for new structures.
  • Negotiate short- and long-term loans to finance construction and ownership of structures.
  • Purchase building and maintenance supplies, equipment, or furniture.
  • Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.

What Activities Do Property, Real Estate, and Community Association Managers Do?

  • Prepare financial documents, reports, or budgets.
  • Prepare operational budgets.
  • Direct organizational operations, projects, or services.
  • Direct facility maintenance or repair activities.
  • Manage construction activities.
  • Direct facility maintenance or repair activities.
  • Analyze financial records or reports to determine state of operations.
  • Direct financial operations.
  • Supervise employees.
  • Evaluate employee performance.
  • Negotiate sales or lease agreements for products or services.
  • Prepare forms or applications.
  • Promote products, services, or programs.
  • Perform manual service or maintenance tasks.
  • Resolve customer complaints or problems.
  • Liaise between departments or other groups to improve function or communication.
  • Inspect condition or functioning of facilities or equipment.
  • Communicate organizational information to customers or other stakeholders.
  • Evaluate characteristics of individuals to determine needs or eligibility.
  • Maintain operational records.
  • Confer with organizational members to accomplish work activities.
  • Analyze financial records to improve budgeting or planning.
  • Promote products, services, or programs.
  • Coordinate operational activities with external stakeholders.
  • Analyze forecasting data to improve business decisions.
  • Communicate with government agencies.
  • Communicate with government agencies.
  • Negotiate sales or lease agreements for products or services.
  • Prepare forms or applications.
  • Prepare financial documents, reports, or budgets.
  • Coordinate operational activities with external stakeholders.
  • Negotiate sales or lease agreements for products or services.
  • Purchase materials, equipment, or other resources.
  • Negotiate project specifications.

Typical Property, Real Estate, and Community Association Managers Knowledge?

  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  • Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

What Are Typical Property, Real Estate, and Community Association Managers Abilities?

  • Written Comprehension - Reading and understanding what is written.
  • Oral Expression - Communicating by speaking.
  • Oral Comprehension - Listening and understanding what people say.
  • Written Expression - Communicating by writing.
  • Speech Recognition - Recognizing spoken words.
  • Problem Sensitivity - Noticing when problems happen.
  • Speech Clarity - Speaking clearly.
  • Inductive Reasoning - Making general rules or coming up with answers from lots of detailed information.
  • Deductive Reasoning - Using rules to solve problems.

What Are Typical Property, Real Estate, and Community Association Managers Skills? 2021

  • Speaking - Talking to others.
  • Reading Comprehension - Reading work-related information.
  • Active Listening - Listening to others, not interrupting, and asking good questions.
  • Writing - Writing things for co-workers or customers.
  • Coordination - Changing what is done based on other people's actions.
  • Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
  • Negotiation - Bringing people together to solve differences.

What Are Typical Property, Real Estate, and Community Association Managers Interests?

  • Conventional - Occupations related to Conventional interests frequently involve following set procedures and routines. They include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
  • Enterprising - Occupations with Enterprising interests frequently involve starting up and carrying out projects. Many involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

What Is The Projected Employment For Property, Real Estate, and Community Association Managers ? 2021

Location 2019 Employment 2029 Employment Percent change Annual projected job openings
United States 367,900 368,700 0% 26,000

What Is The Projected Employment For Property, Real Estate, and Community Association Managers ? 2021

Location
2019 Employment
2029 Employment
Percent change
Annual projected job openings
United States
367,900
368,700
0%
26,000

What Is The Required Property, Real Estate, and Community Association Managers Education & Experience? 2021

  • High school diploma or equivalent
  • Less than 5 years work experience
  • No on-the-job training

Property, Real Estate, and Community Association Managers Schools ?

School Program Name Location Length / Graduates
Abraham Lincoln University Real Estate Glendale, CA Less than one year: 0
American Public University System Real Estate Charles Town, WV 2 years: 27
Less than one year: 27
American River College Real Estate Sacramento, CA 2 years: 12
At least one but less than two years: 2
Less than one year: 2
American University Real Estate Washington, DC Less than one year: 0
More than 4 years: 6
Angelina College Real Estate Lufkin, TX At least one but less than two years: 1
Less than one year: 20
Antelope Valley College Real Estate Lancaster, CA 2 years: 1
At least one but less than two years: 2
Less than one year: 4
Arizona State University-Tempe Real Estate Development Tempe, AZ More than 4 years: 29
Ashford University Real Estate San Diego, CA 4 years: 1
4 years: 53
Auburn University Real Estate Development Auburn, AL More than 4 years: 19
Austin Community College District Real Estate Austin, TX 2 years: 4
Less than one year: 33

Property, Real Estate, and Community Association Managers Schools ?

School
Program Name
Location
Length / Graduates
Real Estate
Glendale, CA
Less than one year: 0
Real Estate
Charles Town, WV
2 years: 27
Less than one year: 27
Real Estate
Sacramento, CA
2 years: 12
At least one but less than two years: 2
Less than one year: 2
Real Estate
Washington, DC
Less than one year: 0
More than 4 years: 6
Real Estate
Lufkin, TX
At least one but less than two years: 1
Less than one year: 20
Real Estate
Lancaster, CA
2 years: 1
At least one but less than two years: 2
Less than one year: 4
Real Estate Development
Tempe, AZ
More than 4 years: 29
Real Estate
San Diego, CA
4 years: 1
4 years: 53
Real Estate Development
Auburn, AL
More than 4 years: 19
Real Estate
Austin, TX
2 years: 4
Less than one year: 33

Property, Real Estate, and Community Association Managers Jobs Near Me .

Job Title Company Location Date Posted Federal Contractor
Account Executive - RentPayment MRI Software 04/11/2021 No
Apartment Leasing Consultant AMLI Management Company Chicago, Illinois 04/11/2021 No
Area Manager SecurCare Self Storage Dallas, Texas 04/10/2021 No
Assistant Community Manager Roscoe Property Management San Antonio, Texas 04/11/2021 No
Assistant Community Manager - Cortland Portofino Place Cortland West Palm Beach, Florida 04/11/2021 No
Assistant Manager - Famous Footwear Caleres Spokane, Washington 04/10/2021 No
Assistant Manager - Famous Footwear Caleres Matawan, New Jersey 04/10/2021 No
Assistant Manager - Famous Footwear Caleres Auburn, Massachusetts 04/10/2021 No
Assistant Manager - Famous Footwear Caleres Sioux Falls, South Dakota 04/10/2021 No
Assistant Manager - Famous Footwear Caleres Auburn, Washington 04/10/2021 No

Property, Real Estate, and Community Association Managers Jobs Near Me .

Job Title
Company
Location
Date Posted
Federal Contractor
MRI Software
04/11/2021
No
AMLI Management Company
Chicago, Illinois
04/11/2021
No
SecurCare Self Storage
Dallas, Texas
04/10/2021
No
Roscoe Property Management
San Antonio, Texas
04/11/2021
No
Cortland
West Palm Beach, Florida
04/11/2021
No
Caleres
Spokane, Washington
04/10/2021
No
Caleres
Matawan, New Jersey
04/10/2021
No
Caleres
Auburn, Massachusetts
04/10/2021
No
Caleres
Sioux Falls, South Dakota
04/10/2021
No
Caleres
Auburn, Washington
04/10/2021
No

Property, Real Estate, and Community Association Managers 2021 Salary Guide By State

Common Careers