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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).
  • Summary

  • Details

  • Work Activities

    • Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
    • 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.
    • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
    • Purchase building and maintenance supplies, equipment, or furniture.
    • Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
    • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
    • Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
    • Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
    • Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.
    • Determine and certify the eligibility of prospective tenants, following government regulations.
    • Confer regularly with community association members to ensure their needs are being met.
    • Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
    • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
    • Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
    • Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
    • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
    • Prepare detailed budgets and financial reports for properties.
    • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
    • Act as liaisons between on-site managers or tenants and owners.
    • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
    • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
    • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
    • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
    • Prepare detailed budgets and financial reports for properties.
    • Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
    • Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
    • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
    • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
    • Review rents to ensure that they are in line with rental markets.
    • Negotiate short- and long-term loans to finance construction and ownership of structures.
    • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
    • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
    • Clean common areas, change light bulbs, and make minor property repairs.

    Skills

    • Learning Strategies
      • Using the best training or teaching strategies for learning new things.
    • Active Listening
      • Listening to others, not interrupting, and asking good questions.
    • Operations Monitoring
      • Watching gauges, dials, or display screens to make sure a machine is working.
    • Operation and Control
      • Using equipment or systems.
    • Management of Personnel Resources
      • Selecting and managing the best workers for a job.
    • Systems Analysis
      • Figuring out how a system should work and how changes in the future will affect it.
    • Repairing
      • Repairing machines or systems using the right tools.
    • Mathematics
      • Using math to solve problems.
    • Speaking
      • Talking to others.
    • Coordination
      • Changing what is done based on other people's actions.
    • Installation
      • Installing equipment, machines, wiring, or computer programs.
    • Equipment Maintenance
      • Planning and doing the basic maintenance on equipment.
    • Monitoring
      • Keeping track of how well people and/or groups are doing in order to make improvements.
    • Complex Problem Solving
      • Noticing a problem and figuring out the best way to solve it.
    • Management of Financial Resources
      • Making spending decisions and keeping track of what is spent.
    • Judgment and Decision Making
      • Thinking about the pros and cons of different options and picking the best one.
    • Reading Comprehension
      • Reading work-related information.
    • Persuasion
      • Talking people into changing their minds or their behavior.
    • Equipment Selection
      • Deciding what kind of tools and equipment are needed to do a job.
    • Technology Design
      • Making equipment and technology useful for customers.
    • Active Learning
      • Figuring out how to use new ideas or things.
    • Negotiation
      • Bringing people together to solve differences.
    • Troubleshooting
      • Figuring out what is causing equipment, machines, wiring, or computer programs to not work.
    • Quality Control Analysis
      • Testing how well a product or service works.
    • Social Perceptiveness
      • Understanding people's reactions.
    • Operations Analysis
      • Figuring out what a product or service needs to be able to do.
    • Writing
      • Writing things for co-workers or customers.
    • Service Orientation
      • Looking for ways to help people.
    • Critical Thinking
      • Thinking about the pros and cons of different ways to solve a problem.
    • Science
      • Using scientific rules and strategies to solve problems.
    • Instructing
      • Teaching people how to do something.
    • Systems Evaluation
      • Measuring how well a system is working and how to improve it.
    • Management of Material Resources
      • Managing equipment and materials.
    • Programming
      • Writing computer programs.
    • Time Management
      • Managing your time and the time of other people.

    Abilities

    • Depth Perception
      • Deciding which thing is closer or farther away from you, or deciding how far away it is from you.
    • Originality
      • Creating new and original ideas.
    • Category Flexibility
      • Grouping things in different ways.
    • Visualization
      • Imagining how something will look after it is moved around or changed.
    • Time Sharing
      • Doing two or more things at the same time.
    • Extent Flexibility
      • Bending, stretching, twisting, or reaching with your body, arms, and/or legs.
    • Written Comprehension
      • Reading and understanding what is written.
    • Gross Body Equilibrium
      • Keeping your balance or staying upright.
    • Peripheral Vision
      • Seeing something to your side when your are looking ahead.
    • Deductive Reasoning
      • Using rules to solve problems.
    • Written Expression
      • Communicating by writing.
    • Near Vision
      • Seeing details up close.
    • Selective Attention
      • Paying attention to something without being distracted.
    • Rate Control
      • Changing when and how fast you move based on how something else is moving.
    • Spatial Orientation
      • Knowing where things are around you.
    • Multilimb Coordination
      • Using your arms and/or legs together while sitting, standing, or lying down.
    • Speed of Limb Movement
      • Quickly moving your arms and legs.
    • Static Strength
      • Lifting, pushing, pulling, or carrying.
    • Visual Color Discrimination
      • Noticing the difference between colors, including shades and brightness.
    • Far Vision
      • Seeing details that are far away.
    • Trunk Strength
      • Using your lower back and stomach.
    • Mathematical Reasoning
      • Choosing the right type of math to solve a problem.
    • Finger Dexterity
      • Putting together small parts with your fingers.
    • Speech Clarity
      • Speaking clearly.
    • Speech Recognition
      • Recognizing spoken words.
    • Night Vision
      • Seeing at night or under low light.
    • Sound Localization
      • Noticing the direction that a sound came from.
    • Perceptual Speed
      • Quickly comparing groups of letters, numbers, pictures, or other things.
    • Wrist-Finger Speed
      • Making fast, simple, repeated movements of your fingers, hands, and wrists.
    • Auditory Attention
      • Paying attention to one sound while there are other distracting sounds.
    • Fluency of Ideas
      • Coming up with lots of ideas.
    • Stamina
      • Exercising for a long time without getting out of breath.
    • Hearing Sensitivity
      • Telling the difference between sounds.
    • Glare Sensitivity
      • Seeing something even if there is a glare or very bright light.
    • Problem Sensitivity
      • Noticing when problems happen.
    • Speed of Closure
      • Quickly knowing what you are looking at.
    • Manual Dexterity
      • Holding or moving items with your hands.
    • Flexibility of Closure
      • Seeing hidden patterns.
    • Oral Expression
      • Communicating by speaking.
    • Gross Body Coordination
      • Moving your arms, legs, and mid-section together while your whole body is moving.
    • Oral Comprehension
      • Listening and understanding what people say.
    • Dynamic Flexibility
      • Quickly and repeatedly bending, stretching, twisting, or reaching out with your body, arms, and/or legs.
    • Inductive Reasoning
      • Making general rules or coming up with answers from lots of detailed information.
    • Control Precision
      • Quickly changing the controls of a machine, car, truck or boat.
    • Explosive Strength
      • Jumping, sprinting, or throwing something.
    • Response Orientation
      • Quickly deciding if you should move your hand, foot, or other body part.
    • Information Ordering
      • Ordering or arranging things.
    • Dynamic Strength
      • Exercising for a long time without your muscles getting tired.
    • Memorization
      • Remembering words, numbers, pictures, or steps.
    • Arm-Hand Steadiness
      • Keeping your arm or hand steady.
    • Number Facility
      • Adding, subtracting, multiplying, or dividing.
    • Reaction Time
      • Quickly moving your hand, finger, or foot based on a sound, light, picture or other command.

    Knowledge

    • Economics and Accounting
      • Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
    • Transportation
      • Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits.
    • Sociology and Anthropology
      • Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures, and their history and origins.
    • History and Archeology
      • Knowledge of historical events and their causes, indicators, and effects on civilizations and cultures.
    • Food Production
      • Knowledge of techniques and equipment for planting, growing, and harvesting food products (both plant and animal) for consumption, including storage/handling techniques.
    • 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.
    • Geography
      • Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
    • Philosophy and Theology
      • Knowledge of different philosophical systems and religions. This includes their basic principles, values, ethics, ways of thinking, customs, practices, and their impact on human culture.
    • Engineering and Technology
      • Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
    • Fine Arts
      • Knowledge of the theory and techniques required to compose, produce, and perform works of music, dance, visual arts, drama, and sculpture.
    • 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.
    • Administrative
      • Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
    • 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.
    • Production and Processing
      • Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
    • 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.
    • Physics
      • Knowledge and prediction of physical principles, laws, their interrelationships, and applications to understanding fluid, material, and atmospheric dynamics, and mechanical, electrical, atomic and sub-atomic structures and processes.
    • Telecommunications
      • Knowledge of transmission, broadcasting, switching, control, and operation of telecommunications systems.
    • Foreign Language
      • Knowledge of the structure and content of a foreign (non-English) language including the meaning and spelling of words, rules of composition and grammar, and pronunciation.
    • Psychology
      • Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
    • English Language
      • Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.
    • Communications and Media
      • Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
    • Mechanical
      • Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
    • 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.
    • Education and Training
      • Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
    • Mathematics
      • Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
    • Therapy and Counseling
      • Knowledge of principles, methods, and procedures for diagnosis, treatment, and rehabilitation of physical and mental dysfunctions, and for career counseling and guidance.
    • Computers and Electronics
      • Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
    • Biology
      • Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
    • Medicine and Dentistry
      • Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
    • 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.
    • Design
      • Knowledge of design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings, and models.
    • Chemistry
      • Knowledge of the chemical composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods.

    Education

    Education
    High school diploma or equivalent
    Work Experience
    Less than 5 years work experience
    Training
    Less than 1 month on-the-job training

    Pay

    Washington Annual Salary
    118470/yr
    Washington Hourly Wage
    56.96/hr

    Washington Employment Trends

    Currently Employed
    6,000
    Yearly Projected Openings
    600

    Personality

    Enterprising: People interested in this work like activities that include leading, making decisions, and business. They do well at jobs that need:
    • Integrity
    • Dependability
    • Attention to Detail
    • Stress Tolerance
    • Initiative
    • Leadership

    Tools

    • Desktop calculator
    • Desktop computers
    • Digital camcorders or video cameras
    • Digital cameras
    • Golf carts
    • Ladders
    • Laser fax machine
    • Laser printers
    • Mobile phones
    • Notebook computers
    • Personal computers
    • Photocopiers
    • Pocket calculator
    • Scanners
    • Security or access control systems
    • Special purpose telephones
    • Two way radios

    Technology

    • Access software
    • Accounting software
    • Calendar and scheduling software
    • Cloud-based data access and sharing software
    • Data base user interface and query software
    • Data mining software
    • Desktop publishing software
    • Electronic mail software
    • Enterprise resource planning ERP software
    • Internet browser software
    • Office suite software
    • Operating system software
    • Presentation software
    • Project management software
    • Spreadsheet software
    • Video creation and editing software
    • Web page creation and editing software
    • Web platform development software
    • Word processing software