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Property, Real Estate, and Community Association Managers Occupation Detailed Description

Property, Real Estate, and Community Association Managers career

General Job Description and Education/Training Levels for Property, Real Estate, and Community Association Managers

The main tasks and work activities of Property, Real Estate, and Community Association Managers are to promote products, services, or programs, direct financial operations, inspect condition or functioning of facilities or equipment, resolve customer complaints or problems. In general, for the Property, Real Estate, and Community Association Managers, speaking, reading Comprehension, active Listening, writing and other 15 skills are required.
Property, Real Estate, and Community Association Managers Job Description
EducationMost of these occupations require a four-year bachelor's degree, but some do not.
Related ExperienceA 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.
Job TrainingEmployees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
ExampleMany of these occupations involve coordinating, supervising, managing, or training others. Examples include real estate brokers, sales managers, database administrators, graphic designers, chemists, art directors, and cost estimators.
The following chart shows the education/training levels for Property, Real Estate, and Community Association Managers jobs. 15.00% of Property, Real Estate, and Community Association Managers have High School Diploma (or the equivalent) and 10.00% of Property, Real Estate, and Community Association Managers have Post-Secondary Certificate.
Less than a High School Diploma
0.00%
High School Diploma (or the equivalent)
15.00%
Post-Secondary Certificate
10.00%
Some College Courses
5.00%
Associate's Degree (or other 2-year degree)
5.00%
Bachelor's Degree and Above
65.00%

Tasks and Work Activities of Property, Real Estate, and Community Association Managers

  • 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.
  • Making Decisions and Solving ProblemsAnalyzing information and evaluating results to choose the best solution and solve problems.
  • Getting InformationObserving, receiving, and otherwise obtaining information from all relevant sources.
  • Communicating with Supervisors, Peers, or SubordinatesProviding information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Interacting With ComputersUsing computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Coordinating the Work and Activities of OthersGetting members of a group to work together to accomplish tasks.
  • Establishing and Maintaining Interpersonal RelationshipsDeveloping constructive and cooperative working relationships with others, and maintaining them over time.
  • Resolving Conflicts and Negotiating with OthersHandling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others.
  • Communicating with Persons Outside OrganizationCommunicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
  • Organizing, Planning, and Prioritizing WorkDeveloping specific goals and plans to prioritize, organize, and accomplish your work.
  • Developing and Building TeamsEncouraging and building mutual trust, respect, and cooperation among team members.
  • Promote products, services, or programs.
  • Direct financial operations.
  • Inspect condition or functioning of facilities or equipment.
  • Resolve customer complaints or problems.
  • Direct facility maintenance or repair activities.
  • Manage construction activities.
  • Direct organizational operations, projects, or services.
  • Negotiate sales or lease agreements for products or services.
  • Prepare forms or applications.
  • Prepare financial documents, reports, or budgets.
  • Maintain operational records.
  • Evaluate characteristics of individuals to determine needs or eligibility.
  • Prepare operational budgets.
  • Supervise employees.
  • Evaluate employee performance.
  • Coordinate operational activities with external stakeholders.
  • Communicate with government agencies.
  • Analyze financial records to improve budgeting or planning.
  • Analyze financial records or reports to determine state of operations.
  • Purchase materials, equipment, or other resources.

Skills and Abilities for Property, Real Estate, and Community Association Managers

  • SpeakingTalking to others to convey information effectively.
  • Reading ComprehensionUnderstanding written sentences and paragraphs in work related documents.
  • Active ListeningGiving 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.
  • WritingCommunicating effectively in writing as appropriate for the needs of the audience.
  • CoordinationAdjusting actions in relation to others' actions.
  • NegotiationBringing others together and trying to reconcile differences.
  • Critical ThinkingUsing logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • PersuasionPersuading others to change their minds or behavior.
  • Social PerceptivenessBeing aware of others' reactions and understanding why they react as they do.
  • Judgment and Decision MakingConsidering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Complex Problem SolvingIdentifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • MonitoringMonitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  • Management of Personnel ResourcesMotivating, developing, and directing people as they work, identifying the best people for the job.
  • Time ManagementManaging one's own time and the time of others.
  • MathematicsUsing mathematics to solve problems.
  • Service OrientationActively looking for ways to help people.
  • Active LearningUnderstanding the implications of new information for both current and future problem-solving and decision-making.
  • Management of Financial ResourcesDetermining how money will be spent to get the work done, and accounting for these expenditures.
  • Oral ExpressionThe ability to communicate information and ideas in speaking so others will understand.
  • Written ComprehensionThe ability to read and understand information and ideas presented in writing.
  • Oral ComprehensionThe ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written ExpressionThe ability to communicate information and ideas in writing so others will understand.
  • Speech ClarityThe ability to speak clearly so others can understand you.
  • Speech RecognitionThe ability to identify and understand the speech of another person.
  • Inductive ReasoningThe ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • Problem SensitivityThe ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Deductive ReasoningThe ability to apply general rules to specific problems to produce answers that make sense.
  • Information OrderingThe 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 IdeasThe 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 VisionThe ability to see details at close range (within a few feet of the observer).
  • Selective AttentionThe ability to concentrate on a task over a period of time without being distracted.
  • Number FacilityThe ability to add, subtract, multiply, or divide quickly and correctly.
  • Mathematical ReasoningThe ability to choose the right mathematical methods or formulas to solve a problem.
  • Category FlexibilityThe ability to generate or use different sets of rules for combining or grouping things in different ways.
  • Desktop calculatore.g. 10-key calculators
  • Laser printerse.g. Computer laser printers
  • Desktop computerse.g. Desktop computers
  • Digital camerase.g. Digital cameras
  • Golf cartse.g. Golf carts
  • Pocket calculatore.g. Handheld calculators
  • Notebook computerse.g. Laptop computers
  • Laser fax machinee.g. Laser facsimile machines
  • Security or access control systemse.g. Lenel Onguard
  • Special purpose telephonese.g. Multi-line telephone systems
  • Personal computerse.g. Personal computers
  • Photocopierse.g. Photocopiers
  • Scannerse.g. Scanners
  • Mobile phonese.g. Smartphones
  • Ladderse.g. Step ladders
  • Two way radiose.g. Two way radios
  • Digital camcorders or video camerase.g. Video surveillance cameras
  • Customer and Personal ServiceKnowledge 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 ManagementKnowledge 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 AccountingKnowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English LanguageKnowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Law and GovernmentKnowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  • Public Safety and SecurityKnowledge 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.
  • MathematicsKnowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Personnel and Human ResourcesKnowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
  • Computers and ElectronicsKnowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Sales and MarketingKnowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
  • Education and TrainingKnowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
  • ClericalKnowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • Building and ConstructionKnowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.