Management
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
Growth to 2035
+4%
about as fast as average
Openings a year
36,900
Time to qualify*
2.1 years
* From a bachelor's degree in an unrelated field.
Pay
Property, real estate, and community association managers
Getting in
- Typical entry education
- High school diploma or equivalent
- On-the-job training
- Short-term on-the-job training
- Prior experience
- Less than 5 years
Calculate your switch to property, real estate, and community association managers
What the work is like
Dealing with the public
Unpleasant or angry people
Time pressure
Cost of a mistake
Freedom to make decisions
Repeating the same tasks
Time sitting
Time standing
Outdoors in all weather
Hazardous conditions
Exposure to disease
Property, real estate, and community association managers: 59% usually work over 40 hours a week
Core tasks
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Prepare detailed budgets and financial reports for properties.
- Act as liaisons between on-site managers or tenants and owners.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Clean common areas, change light bulbs, and make minor property repairs.
Also called: Apartment Manager · Commercial Property Manager · Community Association Manager · Community Manager · Lease Administration Supervisor · Leasing Manager · Onsite Manager · Property Manager
Outlook and AI
Property, real estate, and community association managers held 460,400 jobs in 2025. BLS projects 477,600 by 2035 (+4%, about as fast as average; all jobs: +3.5%).
Compare with
- Property, real estate, and community association managers vs. Real estate sales agent
- Property, real estate, and community association managers vs. Real estate broker
- Property, real estate, and community association managers vs. Facilities manager
- Property, real estate, and community association managers vs. Property appraisers and assessors
- Property, real estate, and community association managers vs. Buyers and purchasing agents
- Property, real estate, and community association managers vs. General and operations managers
- Property, real estate, and community association managers vs. Compliance officer
- Property, real estate, and community association managers vs. Sales manager
- Property, real estate, and community association managers vs. Lodging manager