Property, Real Estate, and Community Association Managers

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).

Tasks

  • 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.
  • Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
  • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
  • Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
  • Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
  • Review rents to ensure that they are in line with rental markets.
  • Prepare and administer contracts for provision of property services such as cleaning, maintenance, and security services.
  • Purchase building and maintenance supplies, equipment, or furniture.
  • Act as liaisons between on-site managers or tenants and owners.
  • Confer regularly with community association members to ensure their needs are being met.
  • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
  • Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
  • Clean common areas, change light bulbs, and make minor property repairs.
  • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
  • Negotiate short- and long-term loans to finance construction and ownership of structures.
  • Contract with architectural firms to draw up detailed plans for new structures.
  • Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.
  • Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.

Skills

Equipment Selection
Determining the kind of tools and equipment needed to do a job.
Technology Design
Generating or adapting equipment and technology to serve user needs.
Programming
Writing computer programs for various purposes.
Installation
Installing equipment, machines, wiring, or programs to meet specifications.
Equipment Maintenance
Performing routine maintenance on equipment and determining when and what kind of maintenance is needed.
Repairing
Repairing machines or systems using the needed tools.

Abilities

Finger Dexterity
The ability to make precisely coordinated movements of the fingers of one or both hands to grasp, manipulate, or assemble very small objects.
Sound Localization
The ability to tell the direction from which a sound originated.
Static Strength
The ability to exert maximum muscle force to lift, push, pull, or carry objects.
Speed of Limb Movement
The ability to quickly move the arms and legs.
Wrist-Finger Speed
The ability to make fast, simple, repeated movements of the fingers, hands, and wrists.
Reaction Time
The ability to quickly respond (with the hand, finger, or foot) to a signal (sound, light, picture) when it appears.
Rate Control
The ability to time your movements or the movement of a piece of equipment in anticipation of changes in the speed and/or direction of a moving object or scene.
Response Orientation
The ability to choose quickly between two or more movements in response to two or more different signals (lights, sounds, pictures). It includes the speed with which the correct response is started with the hand, foot, or other body part.
Manual Dexterity
The ability to quickly move your hand, your hand together with your arm, or your two hands to grasp, manipulate, or assemble objects.
Arm-Hand Steadiness
The ability to keep your hand and arm steady while moving your arm or while holding your arm and hand in one position.

Interests

Enterprising
Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
Conventional
Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Social
Social occupations frequently involve working with, communicating with, and teaching people. These occupations often involve helping or providing service to others.
Realistic
Realistic occupations frequently involve work activities that include practical, hands-on problems and solutions. They often deal with plants, animals, and real-world materials like wood, tools, and machinery. Many of the occupations require working outside, and do not involve a lot of paperwork or working closely with others.
Artistic
Artistic occupations frequently involve working with forms, designs and patterns. They often require self-expression and the work can be done without following a clear set of rules.
Investigative
Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.

Work Style

Integrity
Job requires being honest and ethical.
Dependability
Job requires being reliable, responsible, and dependable, and fulfilling obligations.
Attention to Detail
Job requires being careful about detail and thorough in completing work tasks.
Stress Tolerance
Job requires accepting criticism and dealing calmly and effectively with high stress situations.
Self Control
Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.
Adaptability/Flexibility
Job requires being open to change (positive or negative) and to considerable variety in the workplace.
Innovation
Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.
Cooperation
Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.
Independence
Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
Leadership
Job requires a willingness to lead, take charge, and offer opinions and direction.

Work Values

Independence
Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.
Achievement
Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.
Working Conditions
Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.
Recognition
Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.
Relationships
Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.
Support
Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.

Lay Titles

Apartment Hotel Manager
Apartment House Manager
Apartment Manager
Asset Manager
Assistant Property Manager
Building Custodian, Managing, Supervising, Renting
Building Rental Manager
Building Rental Superintendent
Building Superintendent
Building Superintendent, Managing, Supervising, Renting
Cemetery Manager
Commercial Property Manager
Community Manager
Condominium Association Manager
Condominium Manager
Contracts Specialist
Cooperative Manager
Developer
Director of Housing
District Manager
Facilities Coordinator
Facilities Manager
Facility Coordinator
Freeholder
Homeowner Association Manager
Housing Director
Housing Manager
Housing Project Manager
Housing Relocator
Land Acquisition Manager
Land Acquisition Specialist
Land Agent
Land Commissioner
Land Developer
Land Development Manager
Land Leases and Rentals Manager
Landlady
Landlord
Landman
Lease Administration Supervisor
Lease Buyer
Lease Operator
Leaser
Leasing Manager
Leasing Property Manager
Location Man
Location Worker
Maintenance Supervisor
Mall Manager
Manager
Market Manager
Market Master
Market Superintendent
Mobile Home Park Manager
Occupancy Specialist
Office Manager
Oil Agent
Oil Lease Buyer
Oil Lease Operator
On-Site Manager
Property Administrator
Property Developer
Property Manager
Public Events Facilities Rental Manager
Public Housing Manager
Real Estate Administrator
Real Estate Agent
Real Estate Developer
Real Estate Firm Manager
Real Estate Investor
Real Estate Office Manager
Rent Control Office Manager
Rental Coordinator
Rental Manager
Resident Manager

National Wages and Employment Info

Median Wages (2008):
$25.29 hourly, $52,610 annual.
Employment (2008):
159,570 employees