Property, Real Estate, and Community Association Managers
Working Conditions
Property, real estate, and community association managers held about 313,800 jobs in 2014. The industries that employed the most property, real estate, and community association managers were as follows:
Activities related to real estate
23%
Lessors of real estate
16
Offices of real estate agents and brokers
3
Civic, social, professional, and similar organizations
3
About 2 in 5 property, real estate, and community association managers were self-employed.
Most property, real estate, and community association managers work out of an office. However, many managers spend much of their time away from their desks. Onsite managers, in particular, may spend a large part of their workday visiting the building engineer, showing apartments, dealing with owners and board members, checking on the janitorial and maintenance staff, or investigating problems reported by residents. Real estate asset managers may spend time away from home while traveling to company real estate holdings or searching for properties to buy.
Managing properties or community associations, or selling and leasing real estate can sometimes be stressful.
Work Schedules
Property, real estate, and community association managers often must attend evening meetings with residents, property owners, community association board members, or civic groups. As a result, long workdays are common. Some apartment managers are required to live in the apartment complexes where they work, so that they are available to respond to emergencies even when they are off duty.
Most property, real estate, and community association managers work full time. However, about 1 in 5 worked part time in 2014.