Owners of commercial buildings,
apartments, and other real estate…
rely on the skills of property, real estate,
and community association managers
to ensure their property is well maintained
and preserves its resale or leasing value.
These managers collect rent or fees,
process complaints and repair requests,
negotiate favorable terms
with tenants or sellers,
and enforce their facility’s policies.
They also show vacant space
to prospective tenants,
and report profits or losses
to property owners.
Property and real estate managers
oversee the operation of business
or residential properties
and ensure they achieve
their expected revenues.
Community association managers
work for homeowner or community associations
to manage shared property
and services for condominiums, cooperatives,
and planned communities.
Onsite property managers
handle day-to-day operations
of apartment complexes, office buildings,
and shopping centers.
Some apartment managers
live in the building they manage.
Real estate asset managers buy, sell,
and develop real estate properties
for investors,
to ensure the portfolio of holdings
remains profitable.
Most property, real estate,
and community association managers
work full time,
splitting their time between an office
and offsite at meetings and inspections.
A high school diploma
plus several years’ related work experience
is needed for entry-level positions,
although many employers prefer
to hire college graduates.
A real estate license is required
for some positions.