How to become Property, Real Estate, and Community Association Manager in 2024

Property, Real Estate, and Community Association Manager 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).

Property, Real Estate, and Community Association Manager is Also Know as

In different settings, Property, Real Estate, and Community Association Manager is titled as

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

Education and Training of Property, Real Estate, and Community Association Manager

Property, Real Estate, and Community Association Manager is categorized in Job Zone Four: Considerable Preparation Needed

Experience Required for Property, Real Estate, and Community Association Manager

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Education Required for Property, Real Estate, and Community Association Manager

Most of these occupations require a four-year bachelor's degree, but some do not.

Degrees Related to Property, Real Estate, and Community Association Manager

Training Required for Property, Real Estate, and Community Association Manager

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Related Ocuupations

Some Ocuupations related to Property, Real Estate, and Community Association Manager in different industries are

What Do Property, Real Estate, and Community Association Manager do?

  • 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.

Qualities of Good Property, Real Estate, and Community Association Manager

  • 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.
  • Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Expression: The ability to communicate information and ideas in writing so others will understand.
  • Speech Clarity: The ability to speak clearly so others can understand you.
  • Speech Recognition: The ability to identify and understand the speech of another person.
  • Inductive Reasoning: The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • 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.
  • Deductive Reasoning: The ability to apply general rules to specific problems to produce answers that make sense.
  • Information Ordering: The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
  • Fluency of Ideas: The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
  • Near Vision: The ability to see details at close range (within a few feet of the observer).
  • Selective Attention: The ability to concentrate on a task over a period of time without being distracted.
  • Category Flexibility: The ability to generate or use different sets of rules for combining or grouping things in different ways.
  • Number Facility: The ability to add, subtract, multiply, or divide quickly and correctly.
  • Mathematical Reasoning: The ability to choose the right mathematical methods or formulas to solve a problem.
  • Far Vision: The ability to see details at a distance.
  • Originality: The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
  • Time Sharing: The ability to shift back and forth between two or more activities or sources of information (such as speech, sounds, touch, or other sources).
  • Flexibility of Closure: The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
  • Visualization: The ability to imagine how something will look after it is moved around or when its parts are moved or rearranged.
  • Speed of Closure: The ability to quickly make sense of, combine, and organize information into meaningful patterns.
  • Memorization: The ability to remember information such as words, numbers, pictures, and procedures.
  • Perceptual Speed: The ability to quickly and accurately compare similarities and differences among sets of letters, numbers, objects, pictures, or patterns. The things to be compared may be presented at the same time or one after the other. This ability also includes comparing a presented object with a remembered object.
  • Visual Color Discrimination: The ability to match or detect differences between colors, including shades of color and brightness.
  • Auditory Attention: The ability to focus on a single source of sound in the presence of other distracting sounds.
  • Hearing Sensitivity: The ability to detect or tell the differences between sounds that vary in pitch and loudness.
  • Depth Perception: The ability to judge which of several objects is closer or farther away from you, or to judge the distance between you and an object.
  • Trunk Strength: The ability to use your abdominal and lower back muscles to support part of the body repeatedly or continuously over time without "giving out" or fatiguing.
  • 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.
  • Control Precision: The ability to quickly and repeatedly adjust the controls of a machine or a vehicle to exact positions.
  • Wrist-Finger Speed: The ability to make fast, simple, repeated movements of the fingers, hands, and wrists.
  • Multilimb Coordination: The ability to coordinate two or more limbs (for example, two arms, two legs, or one leg and one arm) while sitting, standing, or lying down. It does not involve performing the activities while the whole body is in motion.
  • Spatial Orientation: The ability to know your location in relation to the environment or to know where other objects are in relation to you.
  • Extent Flexibility: The ability to bend, stretch, twist, or reach with your body, arms, and/or legs.
  • Gross Body Coordination: The ability to coordinate the movement of your arms, legs, and torso together when the whole body is in motion.
  • Night Vision: The ability to see under low-light conditions.
  • 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.
  • Speed of Limb Movement: The ability to quickly move the arms and legs.
  • Sound Localization: The ability to tell the direction from which a sound originated.
  • 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.
  • Glare Sensitivity: The ability to see objects in the presence of a glare or bright lighting.
  • 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.
  • Peripheral Vision: The ability to see objects or movement of objects to one's side when the eyes are looking ahead.
  • Reaction Time: The ability to quickly respond (with the hand, finger, or foot) to a signal (sound, light, picture) when it appears.
  • 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.
  • Gross Body Equilibrium: The ability to keep or regain your body balance or stay upright when in an unstable position.
  • Dynamic Flexibility: The ability to quickly and repeatedly bend, stretch, twist, or reach out with your body, arms, and/or legs.
  • Stamina: The ability to exert yourself physically over long periods of time without getting winded or out of breath.
  • Dynamic Strength: The ability to exert muscle force repeatedly or continuously over time. This involves muscular endurance and resistance to muscle fatigue.
  • Explosive Strength: The ability to use short bursts of muscle force to propel oneself (as in jumping or sprinting), or to throw an object.
  • Static Strength: The ability to exert maximum muscle force to lift, push, pull, or carry objects.

Tools Used by Property, Real Estate, and Community Association Manager

  • 10-key calculators
  • Computer laser printers
  • Desktop computers
  • Digital cameras
  • Golf carts
  • Handheld calculators
  • Laptop computers
  • Laser facsimile machines
  • Lenel Onguard
  • Multi-line telephone systems
  • Personal computers
  • Photocopiers
  • Scanners
  • Smartphones
  • Step ladders
  • Two way radios
  • Video surveillance cameras

Technology Skills required for Property, Real Estate, and Community Association Manager

  • Advantos Systems DataTrust Enterprise
  • Biometric reader software
  • Bostonpost Technology Property Manager
  • Calendar and scheduling software
  • Card key management software
  • Domin-8 Enterprise Solutions RentRight
  • Domin-8 Enterprise Solutions Tenant Pro
  • Facebook
  • FullHouse Software Investment Property Manager
  • Google Analytics
  • Google Docs
  • Google Drive
  • Hypertext markup language HTML
  • IDEAS Software & Training IDEAS Property Clerk
  • Infor Global Solutions eSITE
  • Intuit MRI Residential
  • Intuit QuickBooks
  • iRealty Manager
  • Jenark Business Systems
  • Just So Software The Property Manager
  • LandlordMax
  • Landport Systems Landport
  • LinkedIn
  • London Computer Systems Rent Manager
  • Microsoft Access
  • Microsoft Dynamics
  • Microsoft Excel
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft Project
  • Microsoft Publisher
  • Microsoft Windows
  • Microsoft Word
  • O'Brien Grasso RE Software Property Master
  • Oracle JD Edwards EnterpriseOne
  • Property Boulevard
  • Property Solutions International ResidentPortal
  • PropertyView Solutions Remanage
  • Propertyware
  • PT Software Solutions PT Rental Assistant
  • Qualitica RentBoss
  • Quicken
  • RealEasyBooks ezREB
  • RealPage OneSite
  • Sage 50 Accounting
  • Social media sites
  • SpiritWorks Software Development Rental Property Tracker Plus
  • Spreadsheet software
  • SS&C Technologies Skyline Property Management
  • Tax software
  • TCG Technologies i-CAM
  • TrackPro Services TrackPro Manager
  • Turtle Creek Software Goldenseal
  • W G Software Tenant File
  • Web browser software
  • Yardi software
  • Yardi Systems Yardi Enterprise
  • Yardi Systems Yardi Voyager Commercial
  • Yardi Systems Yardi Voyager Condo, Co-op, and HOA
  • Yardi Systems Yardi Voyager Residential
  • YouTube