Property, Real Estate, and Community Association Managers

General Information

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).

Business Breakdown

People in this career work in these sectors.

  1. Private, for profit62.37%
  2. Self-employed25.75%
  3. Private, not for profit5.34%
  4. State and local government3.92%
  5. Federal government0.99%

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Industry areas

  • Marketing

Job Outlook

Employment of property, real estate, and community association managers is projected to grow 3 percent from 2021 to 2031, slower than the average for all occupations. Despitelimitedemployment growth, about 33,300 openings for property, real estate, and community association managers are projected each year, on average, over the decade. Most of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

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Salary

Average Salary

Salary

$59,230

State-by-state Salary

Gray states indicate no data available

$98,070
$37,360
No Information for this section

Education

Most Common Education Levels

People in this career achieve this level of education.

  • Bachelor's degree 55%
  • High school 15%
  • First professional degree 10%
  • Post-secondary certificate 10%
  • Some college 5%
  • Associate's degree 5%
  • Master's degree 0%
  • Doctoral degree 0%
  • Post baccalaureate 0%
  • Less than high school 0%
  • Post-doctoral training 0%
  • Post-master's certificate 0%

Related College Majors

Select major to see colleges that offer it

Knowledge

  • Customer and Personal Service
  • Administration and Management
  • Administrative
  • Economics and Accounting
  • Public Safety and Security

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership
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