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Job & Career ConneCTion Home   Occupation Profile May 19, 2013  
 
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PROPERTY, REAL ESTATE, AND COMMUNITY ASSOCIATION MANAGERS
 
Occupation Description:
 
  Plan, direct, or coordinate selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Include managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
 
Career Video:
 
  Video Icon   View a brief introduction to Property, Real Estate, and Community Association Managers
          Open-captioning for the hearing impaired. Requires free Media PlayerTMor RealPlayerTM
 
Typical Tasks:
 
 
  • Act as liaisons between on-site managers or tenants and owners.
  • Confer regularly with community association members to ensure their needs are being met.
  • Determine and certify the eligibility of prospective tenants, following government regulations.
  • Direct and coordinate the activities of staff and contract personnel, and evaluate their performance.
  • 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.
 
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..
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one..
  • Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job..
  • Coordination - Adjusting actions in relation to others' actions..
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents..
  • Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures..
 
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..
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process..
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
  • 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..
  • Sales and Marketing - Knowledge 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..
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data..
 
Search for Jobs on Connecticut's Labor Exchange (CTJOBcentral):
 
  Search for Property, Real Estate, and Community Association Managers Jobs
  (Please note that some searches may not produce any results.)
Education & Training:
 
  Bachelor's degree
 
      View Related Programs on Connecticut's Education & Training ConneCTion site
 
License Authority for Community Association Manager:  (License details)
 
  Department of Consumer Protection
Occupational & Professional Licensing
165 Capitol Avenue
Hartford, CT   006106 -01630
(860) 713-6135
email: occprotrades@ct.gov
www.ct.gov/dcp

 
Wage Information:
 
 
Region Average Annual Average Hourly Entry Level (hourly) Mid-Range  (hourly)
Statewide Units $59,640.00 $28.67 $15.70 $18.67 - $35.45
Bridgeport/Stamford $70,330.00 $33.81 $19.69 $22.15 - $43.34
Danbury $46,654.00 $22.43 $10.46 $11.46 - $28.82
Hartford $56,404.00 $27.11 $14.41 $17.86 - $33.35
New Haven $57,911.00 $27.84 $15.33 $17.66 - $34.42
New London/Norwich $62,816.00 $30.20 $18.94 $21.09 - $34.79
Springfield, MA $60,115.00 $28.90 $18.33 $20.69 - $33.65
Waterbury $53,754.00 $25.85 $13.36 $15.17 - $33.10
Worcester, MA $71,058.00 $34.16 $21.92 $25.14 - $41.51
Torrington $51,671.00 $24.84 $15.95 $16.96 - $26.68
Danielson $44,591.00 $21.44 $17.08 $17.52 - $25.17
      
Select a town to see its region Not sure which Region applies to you?
    

 
Occupation Outlook:
 
 
Region Employment Average Annual Growth Rate Average Annual Job Openings
2010 2020
State of Connecticut 5,330 5,460 0.2% 124
 
 
Chart of Growth Rate and Annual Openings   Employment in this occupation is expected to grow more slowly than average, but the number of annual openings will offer very good job opportunities.
Key:
  N/A = Not Applicable, ***** = Over $60.00 per hour, ##### = Over $124,821
 
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