Occupation information for Property, Real Estate, and Community Association Managers District Of Columbia

description

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).

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details

Currently Employed: 2,890

Projected Annual Job Openings: 230

Typical Hourly Wage: $28.79 - $47.08

Typical Annual Salary: $59,880 - $97,920

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typical training

Typical education needed for entry: High school diploma or equivalent

Typical work experience needed for a job in this occupation: Less than 5 years work experience

Typical on-the-job training once you have a job in this occupation: Less than 1 month on-the-job training

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typical job duties
  • Prepare detailed budgets and financial reports for properties.
  • 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.
  • Review rents to ensure that they are in line with rental markets.
  • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
  • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
  • Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
  • 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.
  • Clean common areas, change light bulbs, and make minor property repairs.
tools & technology
Tools:
  • Desktop calculator
  • Desktop computers
  • Digital camcorders or video cameras
  • Digital cameras
  • Golf carts

Technology:
  • Access software
  • Accounting software
  • Data base user interface and query software
  • Enterprise resource planning ERP software
  • Web page creation and editing software