Property, Real Estate, and Community Association Managers Go Back to List 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).

Technology used in this occupation:
	Data base user interface and query software

Tasks
	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.

Skills
	Speaking - Talking to others to convey information effectively.
	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.
	Coordination - Adjusting actions in relation to others' actions.
	Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
	Negotiation - Bringing others together and trying to reconcile differences.
	Persuasion - Persuading others to change their minds or behavior.
	Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
	Writing - Communicating effectively in writing as appropriate for the needs of the audience.
	Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
	Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.

Knowledge
	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.
	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.
	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.
	Clerical - Knowledge 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.
	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.
	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.
	Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
	Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

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Education & Training   Education:   Most of these occupations require a four-year bachelor's degree, but some do not.   Related Experience:   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.

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Wage Information
	Region Average Entry Level  Mid-Range  Annual  Hourly  Statewide $81,027.00 $38.96  $23.88  $25.98 - $44.85  Bridgeport/Stamford $89,513.00 $43.04  $25.71  $28.37 - $49.54  Danbury $76,316.00 $36.69  $22.39  $26.82 - $39.89  Hartford $79,324.00 $38.13  $24.09  $25.14 - $41.58  New Haven $75,133.00 $36.12  $22.94  $25.98 - $39.11  New London/Norwich $70,778.00 $34.03  $21.58  $23.40 - $37.51  Waterbury $64,434.00 $30.98  $21.56  $23.12 - $37.07  Torrington $64,791.00 $31.15  $21.24  $23.14 - $37.99

Occupation Outlook ( 2016 - 2026 ) Average Annual Job Openings:   248   Employment in this occupation is expected to grow more slowly than average, but the number of annual openings will offer very good job opportunities.

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	Some of the occupational information on this page is formulated from O*NETTM v17.0 data. O*NETTM is a trademark of the U.S. Department of Labor, Employment and Training Administration.