Property, Real Estate, and Community Association Managers
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).
A wage reference for United States.
Published wage percentiles describe a distribution within the source occupation group. They provide context for a career decision; employer packages and job offers have their own terms.
This wage group may include multiple detailed occupations. The figures are for the source group, which may be broader than Property, Real Estate, and Community Association Managers. They are not an exact-title, employer, experience or seniority match.
May 2025 · USD · United States. Annual and hourly figures are shown only when the source publishes them; neither is calculated from the other.
U.S. Bureau of Labor Statistics occupational wage data, distributed through the O*NET® OnLine service.
Annual wage thresholds
USD per year
Hourly wage thresholds
USD per hour
| Percentile | Annual wage (USD/year) | Hourly wage (USD/hour) |
|---|---|---|
| 10th | $41,010 | $19.72 |
| 25th | $50,720 | $24.39 |
| 50th · Median | $69,990 | $33.65 |
| 75th | $97,910 | $47.07 |
| 90th | $139,680 | $67.16 |
“≥” means at least the published amount; “≤” means at most that amount. These are bounds, not exact values. “Not published” means the source did not provide that figure. Occupational wages follow the source definition and do not establish an employer’s base salary, equity or total compensation.
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Compare an entered wage with the published thresholds for United States. Your entry stays on this page.
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What this career involves.
Occupation definitions describe common work. Responsibilities and requirements vary by employer and specific job.
Selected title examples
Expand more title examples (34)
Typical tasks
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Prepare detailed budgets and financial reports for properties.
- Act as liaisons between on-site managers or tenants and owners.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
Expand more tasks (20)
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Clean common areas, change light bulbs, and make minor property repairs.
- Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
- Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
- Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
- Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
- Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Review rents to ensure that they are in line with rental markets.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Confer regularly with community association members to ensure their needs are being met.
- Purchase building and maintenance supplies, equipment, or furniture.
- Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
- Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
- Contract with architectural firms to draw up detailed plans for new structures.
- Determine and certify the eligibility of prospective tenants, following government regulations.
- 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.
Skills used in this work
- Reading Comprehension
- Understanding written sentences and paragraphs in work-related documents.
- 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.
- Critical Thinking
- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- Coordination
- Adjusting actions in relation to others' actions.
- Writing
- Communicating effectively in writing as appropriate for the needs of the audience.
Expand more skills (29)
- Negotiation
- Bringing others together and trying to reconcile differences.
- Social Perceptiveness
- Being aware of others' reactions and understanding why they react as they do.
- Monitoring
- Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Judgment and Decision Making
- Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Management of Financial Resources
- Determining how money will be spent to get the work done, and accounting for these expenditures.
- Management of Personnel Resources
- Motivating, developing, and directing people as they work, identifying the best people for the job.
- Active Learning
- Understanding the implications of new information for both current and future problem-solving and decision-making.
- Management of Material Resources
- Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
- Persuasion
- Persuading others to change their minds or behavior.
- Time Management
- Managing one's own time and the time of others.
- Complex Problem Solving
- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Mathematics
- Using mathematics to solve problems.
- Service Orientation
- Actively looking for ways to help people.
- Instructing
- Teaching others how to do something.
- Learning Strategies
- Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
- Systems Analysis
- Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
- Systems Evaluation
- Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
- Quality Control Analysis
- Conducting tests and inspections of products, services, or processes to evaluate quality or performance.
- Operations Analysis
- Analyzing needs and product requirements to create a design.
- Troubleshooting
- Determining causes of operating errors and deciding what to do about it.
- Operations Monitoring
- Watching gauges, dials, or other indicators to make sure a machine is working properly.
- Operation and Control
- Controlling operations of equipment or systems.
- Technology Design
- Generating or adapting equipment and technology to serve user needs.
- Equipment Maintenance
- Performing routine maintenance on equipment and determining when and what kind of maintenance is needed.
- Programming
- Writing computer programs for various purposes.
- Repairing
- Repairing machines or systems using the needed tools.
- Equipment Selection
- Determining the kind of tools and equipment needed to do a job.
- Installation
- Installing equipment, machines, wiring, or programs to meet specifications.
- Science
- Using scientific rules and methods to solve problems.
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