Financial Services · Real Estate

Property, Real Estate, and Community Association Managers

A property, real estate, and community association manager oversees residential or commercial properties, handles tenant relations, and manages budgets and maintenance. You'll need a bachelor's degree and considerable preparation. Here is what the work involves, what it takes, and how to get in.

Median pay
$69,990
per year
Job outlook
+4%
about as fast as average
Typical education
Bachelor's degree
four-year degree
Preparation
Considerable
Job Zone 4

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What a property, real estate, and community association manager does

Property, real estate, and community association managers oversee the day-to-day operations of residential, commercial, or community properties. You handle tenant relations, coordinate maintenance and repairs, manage budgets and financial records, and ensure properties meet legal and safety standards. Your work involves making decisions about property issues, gathering information from staff and tenants, communicating with supervisors and contractors, and using computer systems to track operations. You establish relationships with residents and vendors while coordinating the activities of maintenance teams and other staff.

Core work activities

Career video courtesy of CareerOneStop.

Salary and job outlook

Property, Real Estate, and Community Association Managers earn a median of $69,990 a year, based on 2025 data from the U.S. Bureau of Labor Statistics. Pay rises with experience, specialty, and location.

Lowest 10%$41,010
Median$69,990
Highest 10%$139,680

The outlook is steady. Employment is projected to grow 4 percent from 2024 to 2034, about as fast as average for all occupations, with about 39,000 openings a year.

Skills and knowledge you need

Top skills

  • Speaking
  • Reading comprehension
  • Active listening
  • Writing
  • Critical thinking
  • Monitoring

Knowledge areas

  • Customer and personal service
  • Administration and management
  • Economics and accounting
  • English language
  • Law and government
  • Public safety and security

How to become a property, real estate, and community association manager

You will need a bachelor's degree to enter this field, which represents considerable preparation. Your education should cover administration and management, economics and accounting, law and government, and customer service principles. Strong skills in speaking, reading, writing, and critical thinking are essential. Many people in this role develop expertise through coursework in business, real estate, or property management, combined with entry-level positions in property operations. Consider internships or assistant roles to gain practical experience before moving into a management position.

Most paths to property management start with a bachelor's degree in business, real estate, or a related field. Since education routes and timelines vary, Pathly can map the property, real estate, and community association manager path that fits you with your counselor to map out the steps that fit your goals.

Certifications and licensing

Many property, real estate, and community association managers must be licensed, and professional certifications can strengthen your resume.

Common certifications

CORE
Certified Professional Property Manager
National Property Management Association, Inc.
CORE
National Affordable Housing Professional
National Affordable Housing Management Association
CORE
Accredited Commercial Manager
Institute of Real Estate Management
CORE
Fundamentals of Commercial and Contract Management
World Commerce & Contracting
CORE
Commercial & Contract Management Certification Program
World Commerce & Contracting
CORE
Independent Rental Owner Professional
National Apartment Association

Licensing is handled at the state level and the requirements vary, so check the licensing board in your state. Pathly shows your state's specific steps inside your roadmap.

Certification and licensing data provided by CareerOneStop, sponsored by the U.S. Department of Labor (DOLETA) and the Minnesota Department of Employment and Economic Development (DEED).

Is this a good fit for you?

You are enterprising, comfortable making decisions, solving problems, and managing people and budgets. You enjoy building relationships and coordinating teams to reach business goals.

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Last updated July 1, 2026.

Data sources. Career details from the O*NET 30.3 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under CC BY 4.0. O*NET® is a trademark of USDOL/ETA. Salary and outlook figures from the U.S. Bureau of Labor Statistics (May 2025 wages; 2024–2034 projections), delivered via the CareerOneStop API. Certification, licensing, wage, and outlook data from CareerOneStop, sponsored by USDOL/ETA and the Minnesota Department of Employment and Economic Development (DEED).