Property, Real Estate, and Community Association Managers

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About the Job

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).

It is also Called

  • Apartment Hotel Manager
  • Apartment House Manager
  • Apartment Manager
  • Assistant Manager
  • Assistant Property Manager
  • Building Custodian, Managing, Supervising, Renting
  • Building Rental Manager
  • Building Rental Superintendent
  • Building Superintendent
  • Building Superintendent, Managing, Supervising, Renting
View All

What They Do

  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
  • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
  • Determine and certify the eligibility of prospective tenants, following government regulations.
  • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
  • Act as liaisons between on-site managers or tenants and owners.
  • 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.
  • Prepare detailed budgets and financial reports for properties.
  • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.

Interests

People who work in this occupation generally have the interest code: EC.

This means people who work in this occupation generally have Enterprising interests, but also prefer Conventional environments.

Work Values

People who work in this occupation generally prize Independence, but also value Achievement and Working Conditions in their jobs.

Things They Need to Know

  • 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.

Things They Need to Be Able to Do

  • 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.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.

Education Required

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

Wages

In 2018, the average annual wage in Kansas City, MO-KS was $62,270 with most people making between $27,400 and $103,580

Outlook

7.91%
avg. annual growth

During 2014, this occupation employed approximately 1,630 people in Kansas City, MO-KS. It is projected that there will be - employed in 2024.

This occupation will have about 129 openings due to growth and about 284 replacement openings for approximately 413 total annual openings.



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