What do they do?

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).

Also known as:

Apartment Manager, Community Association Manager, Community Manager, District Manager, Lease Administration Supervisor, Leasing Manager, Occupancy Director, On-Site Manager, Property Manager, Real Estate Manager, Resident Manager

Projected Growth Rate

Employment of Property, Real Estate, and Community Association Managers is projected to show little or no change from 2020 to 2030.

Projected Employment in VA

No Data Available
  • 0.9%

    Change

    Ranks #59 in job growth rate
    330

    Job Openings

    Ranks #33 in net job growth

Best colleges for Property, Real Estate, and Community Association Managers

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Education Level

Percent of workers in this field with these degrees:

  • Doctorate or Professional Degree  (2%)
  • Master's degree  (9%)
  • Bachelor's degree  (32%)
  • Associate's degree  (10%)
  • Some college, no degree  (24%)
  • High school diploma equivalent  (18%)
  • Less than high school diploma  (4%)

Typical College Majors

Most Popular Majors that prepare Property, Real Estate, and Community Association Managers

Select Type of Degree:

  • #1
    • Degrees Granted

      3,365
    • Female Students

      1,226
    • Male Students

      2,139
    • Median Starting Salary

      $57,450
  • #2
    • Degrees Granted

      631
    • Female Students

      187
    • Male Students

      444
    • Median Starting Salary

      $43,920

People in this career often have these skills:

  • Speaking - Talking to others to convey information effectively.
  • Reading Comprehension - Understanding written sentences and paragraphs in work-related documents.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Coordination - Adjusting actions in relation to others' actions.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
  • Negotiation - Bringing others together and trying to reconcile differences.

People in this career often know a lot about:

  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  • Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

People in this career often have talent in:

  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
  • Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • Speech Recognition - The ability to identify and understand the speech of another person.
  • Speech Clarity - The ability to speak clearly so others can understand you.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

People in this career often do these activities:

  • Prepare financial documents, reports, or budgets.
  • Prepare operational budgets.
  • Direct facility maintenance or repair activities.
  • Direct organizational operations, projects, or services.
  • Manage construction activities.
  • Analyze financial records or reports to determine state of operations.
  • Direct financial operations.
  • Negotiate sales or lease agreements for products or services.
  • Evaluate employee performance.
  • Supervise employees.
  • Prepare forms or applications.
  • Promote products, services, or programs.
  • Perform manual service or maintenance tasks.
  • Liaise between departments or other groups to improve function or communication.
  • Resolve customer complaints or problems.
  • Inspect condition or functioning of facilities or equipment.
  • Evaluate characteristics of individuals to determine needs or eligibility.
  • Communicate organizational information to customers or other stakeholders.
  • Maintain operational records.
  • Confer with organizational members to accomplish work activities.
  • Analyze financial records to improve budgeting or planning.
  • Communicate with government agencies.
  • Coordinate operational activities with external stakeholders.
  • Analyze forecasting data to improve business decisions.
  • Purchase materials, equipment, or other resources.
  • Negotiate project specifications.

This page includes data from:

O*NET OnLine Career data: O*NET 28.1 Database by the U.S. Department of Labor, Employment and Training Administration (“USDOL/ETA”). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA

U.S. Bureau of Labor Statistics Logo Occupation statistics: USDOL U.S. Bureau of Labor Statistics Occupational Employment Statistics

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