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Property, Real Estate, and Community Association Managers
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).
Common Tasks
- Clean common areas, change light bulbs, and make minor property repairs.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Negotiate short- and long-term loans to finance construction and ownership of structures.
- Contract with architectural firms to draw up detailed plans for new structures.
- Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.
Required Education
High school diploma or equivalent
Wages
In 2016 the mean hourly wage in the Greater Sacramento area was $29.46 . The hourly rate for this occupation typically paid between $10.55 and $49.84 .
In 2016 the mean annual salary in the Greater Sacramento area was $61,278.16 . The annual salary for this occupation typically paid between $21,940.61 and $103,665.30 .
Occupation Outlook
This occupation employed 2,680 people in the Greater Sacramento area during 2014.
By 2024, there is expected to be an increase of 23.1% in the number of jobs in the Greater Sacramento area for this occupation, bringing to total number to 3,300.
By 2024, in the Greater Sacramento area, the median hourly rate for this occupation is expected to be $23.00 with the median annual salary reaching $49,356.
