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National

Median wages (2008) $22.18 hourly, $46,130 annual
Employment (2006) 329,000 employees
Projected growth (2006-2016) Faster than average (14% to 20%)
Projected need (2006-2016) 95,000 additional employees
11-9141.00 - Property, Real Estate, and Community Association Managers

Plan, direct, or coordinate selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties.

Sample of reported job titles: Property Manager, Apartment Manager, Community Manager, Lease Administration Supervisor, On-Site Manager, Resident Manager, Leasing Manager

Tasks

  • Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
  • 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.
  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
  • Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
  • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
  • Determine and certify the eligibility of prospective tenants, following government regulations.
  • Prepare detailed budgets and financial reports for properties.

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Tools & Technology

Tools used in this occupation:

Calculators or accessories — 10-key calculators; Calculators
Desktop computers
Golf carts
Special purpose telephones — Multi-line telephone systems
Two way radios

Technology used in this occupation:

Accounting software — Intuit QuickBooks; RealEasyBooks ezREB; TrackPro Services TrackPro Manager; Turtle Creek Software Goldenseal
Data base user interface and query software — Advantos Systems DataTrust Enterprise; Domin-8 Enterprise Solutions Tenant Pro; Microsoft Access; Yardi Systems Yardi Voyager Condo, Co-op, and HOA
Office suite software — Microsoft Office software
Presentation software — Microsoft PowerPoint
Word processing software — Microsoft Word
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