Property, Real Estate, and Community Association Managers
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).
- Median pay
- $69,990
- Doing it now
- 460,400
- By 2035
- Up 3.7%
- Usually needs
- High school diploma or equivalent
a year
across the country
36,900 openings a year
to get in
What the work involves
- 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.
- Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Prepare detailed budgets and financial reports for properties.
What to study
The fields of study the Department of Education links to this occupation, most widely taught first.
- Real EstateSee 68 colleges that teach it
- Real Estate DevelopmentSee 4 colleges that teach it
Who it suits
O*NET scores every occupation on six interest dimensions. This one leans hardest on these three.
Leading and persuading
Organised and precise
Helping and teaching
Careers like this one
- Real Estate Brokers$73,220
- Real Estate Sales Agents$52,830
- First-Line Supervisors of Retail Sales Workers$48,520
- General and Operations Managers$105,770
- Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$72,080
- First-Line Supervisors of Police and Detectives$106,040
Where this comes from: the description and the task list are O*NET, which the Department of Labor maintains. Pay, workforce size, outlook and the education normally needed are the Bureau of Labor Statistics Employment Projections programme, 2025 wages and 2025 to 2035 projections. Half of them earn more than $69,990 a year, which means half earn less, and what you would earn depends on where you work and how long you have been doing it. The fields of study come from the National Center for Education Statistics crosswalk.