FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
×
FIND
PERSONALIZED JOBS

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already have an account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Become A Property Manager

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Property Manager

  • Making Decisions and Solving Problems
  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Resolving Conflicts and Negotiating with Others
  • Organizing, Planning, and Prioritizing Work
  • Unpleasant/Angry People

  • Mostly Sitting

  • $54,394

    Average Salary

What Does A Property Manager Do

Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, operates smoothly, and preserves its resale value.

Duties

Property, real estate, and community association managers typically do the following:

  • Meet with prospective renters and show them properties
  • Discuss the lease and explain the terms of occupancy or ownership
  • Collect monthly fees from tenants or individual owners
  • Inspect all building facilities, including the grounds and equipment
  • Arrange for new equipment or repairs as needed
  • Pay bills or delegate bill payment for such expenditures as taxes, insurance, payroll, and maintenance
  • Contract for trash removal, maintenance, landscaping, security, and other services
  • Investigate and settle complaints, disturbances, and violations
  • Keep records of rental activity and owner requests
  • Prepare budgets and financial reports
  • Comply with anti-discrimination laws when renting or advertising, such as the Americans with Disabilities Act, the Federal Fair Housing Amendment Act, and local fair housing laws

When owners of homes, apartments, office buildings, or retail or industrial properties lack the time or expertise needed for the day-to-day management of their real estate properties, they often hire a property or real estate manager or a community association manager. Managers are employed either directly by the owner or indirectly through a contract with a property management firm.

The following are examples of types of property, real estate, and community association managers:

Property and real estate managers oversee the operation of income-producing commercial or residential properties and ensure that real estate investments achieve their expected revenues. They handle the financial operations of the property, making certain that rent is collected and that mortgages, taxes, insurance premiums, payroll, and maintenance bills are paid on time. They may oversee financial statements, and periodically report to the owners on the status of the property, occupancy rates, expiration dates of leases, and other matters. When vacancies occur, property managers may advertise the property or hire a leasing agent to find a tenant. They may also suggest to the owners what rent to charge.

Community association managers work on behalf of homeowner or community associations to manage the communal property and services of condominiums, cooperatives, and planned communities. Usually hired by a volunteer board of directors of the association, they manage the daily affairs and supervise the maintenance of property and facilities that the homeowners use jointly through the association. Like property managers, community association managers collect monthly fees, prepare financial statements and budgets, negotiate with contractors, and help to resolve complaints. Community association managers also help homeowners and non-owner residents comply with association rules and regulations.

Onsite property managers are responsible for the day-to-day operation of a single property, such as an apartment complex, an office building, or a shopping center. To ensure that the property is well maintained, onsite managers routinely inspect the grounds, facilities, and equipment to determine whether maintenance or repairs are needed. They meet with current tenants to handle requests for repairs or to resolve complaints. They also meet with prospective tenants to show vacant apartments or office space. In addition, onsite managers enforce the terms of rental or lease contracts along with an association’s governing rules. They make sure that tenants pay their rent on time, follow restrictions on parking or pets, and follow the correct procedures when the lease is up. Other important duties of onsite managers include keeping accurate, up-to-date records of income and expenditures from property operations and submitting regular expense reports to the senior-level property manager or the owner(s).

Real estate asset managers plan and direct the purchase, sale, and development of real estate properties on behalf of businesses and investors. They focus on long-term strategic financial planning, rather than on the day-to-day operations of the property. In deciding to acquire property, real estate asset managers consider several factors, such as property values, taxes, zoning, population growth, transportation, and traffic volume and patterns. Once a site is selected, they negotiate contracts to buy or lease the property on the most favorable terms. Real estate asset managers review their company’s real estate holdings periodically and identify properties that are no longer financially profitable. They then negotiate the sale of the properties or arrange for the end of leases.

Show More

Show Less

How To Become A Property Manager

Although many employers prefer to hire college graduates, a high school diploma or equivalent is enough for some jobs. Some managers receive vocational training. Other managers must have a real estate license.

Education

Many employers prefer to hire college graduates for property management positions, particularly for offsite positions dealing with a property’s finances or contract management. Employers also prefer to hire college graduates to manage residential and commercial properties. A bachelor’s or master’s degree in business administration, accounting, finance, real estate, or public administration is preferred for commercial management positions. Managers of commercial properties and those dealing with a property’s finances and contract management increasingly are finding that they need a bachelor’s or master’s degree in business administration, accounting, finance, or real estate management, especially if they do not have much practical experience.

Work Experience in a Related Occupation

Experience in real estate sales is a good background for onsite managers because real estate salespeople also show commercial properties to prospective tenants or buyers.

Licenses, Certifications, and Registrations

Real estate managers who buy or sell property must have a real estate license in the state in which they practice. In a few states, property and community association managers must also have a real estate license. Managers of public housing subsidized by the federal government must hold certifications.

Property, real estate, and community association managers working in Alaska, Colorado, California, Connecticut, Florida, Georgia, Illinois, Nevada, Virginia, and the District of Columbia are required to obtain professional credentials or licensure. Requirements vary by state, but many managers working in states without requirements still obtain designations to show competence and professionalism. BOMI International, the Community Associations Institute, the Institute of Real Estate Management, the National Association of Residential Property Managers, and the Community Association Managers International Certification Board all offer various designations, certifications, and professional development courses. Most states require recertification every 2 years.

In addition, employers may require managers to attend formal training programs from various professional and trade real estate associations. Employers send managers to these programs to develop their management skills and expand their knowledge of specialized fields, such as how to operate and maintain mechanical systems in buildings, how to improve property values, insurance and risk management, personnel management, business and real estate law, community association risks and liabilities, tenant relations, communications, accounting and financial concepts, and reserve funding. Managers also participate in these programs to prepare themselves for positions of greater responsibility in property management. With related job experience, completing these programs and receiving a satisfactory score on a written exam can lead to certification or the formal award of a professional designation by the sponsoring association. 

Advancement

Many people begin property management careers as assistant managers, working closely with a property manager. In time, many assistants advance to property manager positions.

Some people start as onsite managers of apartment buildings, office complexes, or community associations. As they gain experience, they may advance to positions of greater responsibility. Those who excel as onsite managers often transfer to assistant offsite property manager positions, in which they gain experience handling a broad range of property management responsibilities.

The responsibilities and pay of property, real estate, and community association managers increase as these workers manage more and larger properties. Property managers are often responsible for several properties at a time. Some experienced managers open their own property management firms.

Important Qualities

Customer-service skills. Property, real estate, and community association managers must provide excellent customer service to keep existing clients and expand their business with new ones.

Interpersonal skills. Because property, real estate, and community association managers interact with people every day, they must have excellent interpersonal skills.

Listening skills. Property, real estate, and community association managers must listen to and understand residents and property owners in order to meet their needs.

Organizational skills. Property, real estate, and community association managers must be able to plan, coordinate, and direct multiple contractors at the same time, often for multiple properties.

Problem-solving skills. Property, real estate, and community association managers must be able to mediate disputes or legal issues between residents, homeowners, or board members.

Speaking skills. Property, real estate, and community association managers must understand leasing or rental contracts and must be able to clearly explain the materials and answer questions raised by a resident or group of board members.

Show More

Show Less

Do you work as a Property Manager?

Send To A Friend

Property Manager Videos

A Day In the Life of a Property Manager.

What Does a Property Manager Do?

A Typical Day in the Life of a Property Manager

Property Manager Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Do you work as a Property Manager?

Help others decide if this is a good career for them

Average Length of Employment
Property Manager 4.0 years
Property Officer 3.9 years
Apartment Manager 3.2 years
Resident Manager 3.2 years
Leasing Manager 2.7 years
Top Careers Before Property Manager
Manager 5.6%
Cashier 3.4%
Owner 3.2%
Teller 2.6%
Internship 2.5%
Top Careers After Property Manager
Manager 6.2%
Owner 4.9%
Realtor 2.8%
Cashier 2.6%

Do you work as a Property Manager?

Property Manager Demographics

Gender

Female

61.1%

Male

37.2%

Unknown

1.7%
Ethnicity

White

61.8%

Hispanic or Latino

16.2%

Black or African American

11.6%

Asian

6.8%

Unknown

3.8%
Show More
Foreign Languages Spoken

Spanish

63.1%

French

7.8%

German

3.8%

Portuguese

3.5%

Italian

3.1%

Mandarin

2.5%

Chinese

2.5%

Russian

2.1%

Arabic

2.1%

Hindi

1.2%

Korean

1.1%

Japanese

1.1%

Hebrew

1.0%

Carrier

1.0%

Greek

0.9%

Thai

0.8%

Dutch

0.7%

Cantonese

0.6%

Urdu

0.6%

Polish

0.6%
Show More

Property Manager Education

Schools

University of Phoenix

26.7%

Ashford University

6.3%

Liberty University

5.9%

Kaplan University

5.8%

Strayer University

5.1%

Florida State University

4.0%

Southern New Hampshire University

3.9%

New York University

3.8%

Michigan State University

3.7%

Troy University

3.4%

American InterContinental University

3.4%

Georgia State University

3.3%

Northeastern University

3.3%

University of Central Florida

3.2%

Arizona State University

3.2%

Grand Canyon University

3.1%

Ball State University

3.1%

Auburn University

3.0%

University of Alabama

2.9%

University of Memphis

2.9%
Show More
Majors

Business

36.9%

Real Estate

7.0%

Accounting

6.3%

Management

5.2%

Psychology

4.9%

Criminal Justice

4.5%

Marketing

3.9%

Communication

3.5%

General Studies

3.2%

Health Care Administration

3.0%

Finance

3.0%

Education

2.7%

Liberal Arts

2.4%

Political Science

2.2%

Human Resources Management

2.2%

Nursing

2.1%

English

1.9%

Computer Science

1.8%

Legal Support Services

1.8%

Sociology

1.5%
Show More
Degrees

Bachelors

36.1%

Other

31.4%

Associate

13.3%

Masters

9.5%

Certificate

5.3%

License

2.1%

Diploma

1.2%

Doctorate

1.1%
Show More

Property Manager Videos

A Day In the Life of a Property Manager.

What Does a Property Manager Do?

A Typical Day in the Life of a Property Manager

Job type you want
Full Time
Part Time
Internship
Temporary

Real Property Manager Salaries

Job Title Company Location Start Date Salary
Global Intellectual Property Manager Aristocrat Technologies, Inc. AZ Mar 15, 2012 $230,000
Property Manager Risk Specialists Companies Insurance Agency, Inc. Southfield, MI Sep 26, 2011 $190,000
Property Manager Lexington Insurance Company Southfield, MI Sep 14, 2011 $190,000
Intellectual Property Manager Advanced Bionics, LLC Santa Clarita, CA Oct 16, 2013 $132,000 -
$157,000
Property Manager American Business Institute Corp. NY Sep 01, 2015 $123,000
Rental Properties Manager Blvd Capital, LLC Beverly Hills, CA Nov 20, 2016 $120,000
Intellectual Property Dvlpmnt. Manager/Staff Paten Schneider Electric It America Corp. Billerica, MA Dec 10, 2013 $116,616
Manager, Intellectual Property and Innovation Starshr, Inc. Wilmerding, PA Sep 15, 2015 $114,785
Property Manager North Dakota Bakken Connection LLC Williston, ND Aug 23, 2016 $113,256
Intellectual Property and Innovation Manager Starshr, Inc. Wilmerding, PA Jul 06, 2015 $110,000
Rental Properties Manager Blvd Capital, LLC Beverly Hills, CA May 17, 2016 $110,000
Property Manager Prague Property Management, Inc. San Francisco, CA Jul 27, 2016 $108,000
Property Manager Werber Management, Inc. NY Apr 25, 2013 $102,758
Oil and Gas Property Manager W.T.Moran Company, Inc. Austin, TX Jun 18, 2015 $72,405
Property Manager GNP Management Group Chicago, IL Jul 08, 2014 $71,229
Property Manager Blakebrook Developments USA LLC Lone Tree, CO Mar 16, 2015 $70,000
Property Manager Florida Homes Property Management LLC Cape Coral, FL Mar 10, 2016 $69,950
Property Manager Five-Star Properties, Inc. Nantucket, MA May 20, 2016 $65,250
Intellectual Property Manager Ahlstrom Nonwovens LLC Windsor Locks, CT Sep 05, 2016 $64,000
Manager, Airport Affairs and Property Management Spirit Airlines Miramar, FL Nov 16, 2015 $61,069 -
$83,000
Property Manager Aglaia LLC Roslyn, NY Jan 10, 2016 $60,523
Property Manager IBS Us LLC Springfield, VA Apr 15, 2016 $52,238
Property Manager, Finance Dwight A. McDonald, Pa Brandon, FL Jan 10, 2016 $52,175
Property Manager, Finance Dwight A. McDonald, Pa Brandon, FL Sep 08, 2016 $52,175
Condo Association Property Manager GTI Properties, Inc. Boston, MA Sep 10, 2015 $52,175
Property Manager TUP Academy LLC New Brunswick, NJ Sep 23, 2016 $52,000
Property Manager World Class Capital Group LLC Austin, TX Sep 30, 2015 $52,000
Property Manager NYRE MGMT, Corp. New York, NY Oct 31, 2011 $51,626
Property Manager Triton Interests, Ltd Houston, TX Feb 14, 2011 $51,418

No Results

To get more results, try adjusting your search by changing your filters.

Show More

How Would You Rate The Salary Of a Property Manager?

Have you worked as a Property Manager? Help other job seekers by rating your experience as a Property Manager.

Top Skills for A Property Manager

  1. Vacant Units
  2. Occupancy
  3. Residential Properties
You can check out examples of real life uses of top skills on resumes here:
  • Market vacant units utilizing affirmative fair housing marketing techniques while staying in complies with federal and local regulation ordinances.
  • Submitted weekly payroll documents and the required financial/occupancy reports to the regional manager/owner.
  • Manage two residential properties in Missouri and Mississippi *Responsible for business correspondence - Which included handling confidential information
  • Prepared financial records from property operations, created monthly financial reports for property owner.
  • Screen potential renters, advertise and show available property, maintain rental property, collect and distribute rent payments.

How Would You Rate Working As a Property Manager?

Are you working as a Property Manager? Help us rate Property Manager as a Career.

Rank:

Average Salary:

Embed On Your Website

Top 10 Best States for Property Managers

  1. Washington
  2. Virginia
  3. Colorado
  4. Georgia
  5. Massachusetts
  6. New York
  7. New Jersey
  8. Florida
  9. District of Columbia
  10. Rhode Island
  • (141 jobs)
  • (133 jobs)
  • (94 jobs)
  • (127 jobs)
  • (108 jobs)
  • (163 jobs)
  • (83 jobs)
  • (254 jobs)
  • (47 jobs)
  • (3 jobs)

Top Property Manager Employers

Jobs From Top Property Manager Employers

Property Manager Videos

A Day In the Life of a Property Manager.

What Does a Property Manager Do?

A Typical Day in the Life of a Property Manager

Related to your recently viewed content