Property, Real Estate, and Community Association Managers
Significant Points
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.
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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.