How To Become a Property, Real Estate and Community Association Manager

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How Long Does It Take, What Degree Do You Need, and More

Property and Real Estate Managers

Property and Real Estate 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).

Salary
$73210
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth

Personality
Interest Match



What degree do you need

Recommended degree level

Bachelor’s Degree

We did a survey to ask other Property, Real Estate and Community Association Managers what degree they had when they became a Property, Real Estate and Community Association Manager. Here are the results.
Bachelor’s Degree
48%


High School Diploma
12%


College Certificate
12%


One of the most common questions that we always get is what major or degree do I need to become Property and Real Estate Managers or what courses do I need to take.

We also asked Property and Real Estate Managers what did they major in college or university and here are the top 5 most popular majors that came up.

Real Estate Development
Real Estate

Many employers prefer to hire college graduates for Property, Real Estate, and Community Association Managers 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.



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How hard is it

Difficulty
Hard

You will need a considerable amount of work-related skill, knowledge or experience to be a Property, Real Estate and Community Association Manager. For example, an accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

Careers in this difficulty category will usually need several years of work-related experience, on-the-job training, and/or vocational training. These careers usually involve coordinating, supervising, managing, or training others. Similar careers include sales managers, database administrators, chemists, and art directors.


Related work experience required
2 to 4 years

2 to 4 years
38.46%


4 to 6 years
30.77%


1 to 2 years
19.23%


Job training
6 months to 1 year

6 months to 1 year
23.08%


Up to 1 month
19.23%


1 to 3 months
15.38%



License and certifications

Do you need any license or certification
Requirements vary by state

In a few states, Property, Real Estate, and Community Association Managers must also have a real estate license. Managers of public housing subsidized by the federal government must hold certifications.


Skills required

We asked other Property and Real Estate Managers if they could only have 5 skills, what would they be. Here is what they said.

1. Speaking what does this mean
2. Active Listening what does this mean
3. Coordination what does this mean
4. Reading Comprehension what does this mean
5. Negotiation what does this mean

= Hot in-demand that most employers are looking for


Knowledge required

Just like any other job, you will need certain know-hows to excel at your job. Property and Real Estate Managers are generally very knowledgeable in these 5 key areas.

1. Administration and Management what does this mean
2. Customer and Personal Service what does this mean
3. Economics and Accounting what does this mean
4. English Language what does this mean
5. Clerical what does this mean


Learn more about Property and Real Estate Managers

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Related to Property, Real Estate and Community Association Managers Requirements

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