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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).

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    Work Activities

    Work Activities

    • 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.
    • Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
    • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
    • 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.
    • Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
    • Act as liaisons between on-site managers or tenants and owners.
    • Determine and certify the eligibility of prospective tenants, following government regulations.
    • Confer regularly with community association members to ensure their needs are being met.
    • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
    • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
    • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
    • Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
    • Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
    • Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
    • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
    • Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
    • 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.
    • Negotiate short- and long-term loans to finance construction and ownership of structures.
    • Purchase building and maintenance supplies, equipment, or furniture.
    • Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.

    Skills

    • Speaking

      Talking to others to convey information effectively.

    • Reading Comprehension

      Understanding written sentences and paragraphs in work related documents.

    • Active Listening

      Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

    WorkKeys®

    Applied Math
    5
    Workplace Documents
    5
    Graphic Literacy
    4

    Abilities

    • Oral Comprehension

      The ability to listen to and understand information and ideas presented through spoken words and sentences.

    • Oral Expression

      The ability to communicate information and ideas in speaking so others will understand.

    • Written Comprehension

      The ability to read and understand information and ideas presented in writing.

    Knowledge

    • 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.

    • 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.

    • Economics and Accounting

      Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

    Career Video

    Additional videos and more information available on CareerOneStop

    Pay

    • Ohio Annual Salary 49710/yr
    • Typical Salary
    • Ohio Hourly Wage 23.9/hr
    • Typical Hourly Wage

    Ohio Employment Trends

    • Currently Employed 10,990
    • Yearly Projected Openings 930

    Typical Education

    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

    • Golf carts
    • Digital cameras
    • Digital camcorders or video cameras
    • Desktop computers
    • Desktop calculator

    Technology

    • Office suite software
    • Enterprise resource planning ERP software
    • Data base user interface and query software
    • Accounting software
    • Access software

    Tags

    • InDemand occupations are considered a priority by the state of Ohio.
    • Apprenticeships are available for this occupation. These programs can help you get hands-on experience and build your skills.

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    Workforce Supply Tool

    Workforce Supply Tool

    The Workforce Supply Tool provides statistics for the occupations in highest demand throughout Ohio.

    You can view statewide statistics as well as more region specific information.

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