What it pays
Government survey numbers — not estimates, not ads.
Half of all Property, Real Estate, and Community Association Managers in the U.S. earn more than $69,990 a year — the middle 80% land between $41,010 and $139,680. About 311,180 people in the U.S. do this work. Figures are for the U.S. occupation group “Property, Real Estate, and Community Association Managers”. (U.S. Bureau of Labor Statistics survey, published 2025.) In India, Managers earn about ₹50,473 a month on average — around ₹6.1 lakh a year (government PLFS survey via ILOSTAT, occupation-family figure).
$69,990typical pay / year
311,180people in this work
$139,680+top 10% earn
₹6.1 lakha year in India (family avg)
Think you get this job?Six quick questions on how it really works — with a hint and the reason behind every answer.
Test yourself →The work, task by task
These are the real jobs-to-be-done, not a wish list. Each task shows where we found it, and the prompt underneath is written for that exact task.
Keeping the record2
Prepare financial and budget reports
+Compile last quarter's revenue and expense lines into a single budget report, reconcile tenant payment…
Prepare financial and budget reports
+Compile last quarter's revenue and expense lines into a single budget report, reconcile tenant payment records, highlight variances over 5 percent, and produce a slide deck for the board meeting next Tuesday.
The tools that do the workMicrosoft ExcelMicrosoft PowerPointjob descriptionsO*NETWikipedia
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Oversee property maintenance
+Schedule and prioritise urgent maintenance work across properties, create a two-week repair roster with…
Oversee property maintenance
+Schedule and prioritise urgent maintenance work across properties, create a two-week repair roster with vendor assignments and estimated costs, and notify tenants of expected access windows by end of day Friday.
The tools that do the workMicrosoft ProjectMicrosoft Outlookjob descriptionsO*NETWikipedia
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Get approval3
Meet with prospective tenants or owners
+Set up viewings with three shortlisted prospects, prepare a one-page property factsheet and payment terms,…
Meet with prospective tenants or owners
+Set up viewings with three shortlisted prospects, prepare a one-page property factsheet and payment terms, record feedback after each visit, and recommend one candidate for approval by Wednesday.
The tools that do the workMicrosoft Outlookjob descriptionsO*NETWikipedia
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Ensure compliance with anti-discrimination laws
+Review all community housing policies, inspect common areas and tenant files for any signs of discriminatory…
Ensure compliance with anti-discrimination laws
+Review all community housing policies, inspect common areas and tenant files for any signs of discriminatory practice, list violations with dates and affected parties, and prepare a compliance memo for the housing board by next Wednesday.
The tools that do the workGoogle Docsjob descriptionsO*NETWikipedia
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Discuss lease terms
+Sit down with the tenant and landlord to go through the lease clause by clause, note requested changes and…
Discuss lease terms
+Sit down with the tenant and landlord to go through the lease clause by clause, note requested changes and business reasons, draft a revised lease with agreed rent, term and repair responsibilities, and circulate it to both parties by Friday evening.
The tools that do the workMicrosoft OfficeMicrosoft Outlookjob descriptionsWikipedia
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Sending & sharing1
Pay bills and expenses
+Gather outstanding invoices and bank statements for the building, code each expense to the correct property…
Pay bills and expenses
+Gather outstanding invoices and bank statements for the building, code each expense to the correct property account, schedule payments to suppliers due this week, and upload reconciled records with receipts to the finance folder by close of business Tuesday.
The tools that do the workIntuit QuickBooksjob descriptionsWikipedia
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The daily work17
Collect monthly fees
+Collect this month’s condo association fees from all unit owners, reconcile payments against the ledger, flag…
Collect monthly fees
+Collect this month’s condo association fees from all unit owners, reconcile payments against the ledger, flag any shortfalls over two weeks overdue, and send a recorded late notice to Juan Rivera and the three delinquent accounts by the 25th.
The tools that do the workIntuit QuickBooksjob descriptionsO*NET
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Market properties to attract tenants or buyers
+Prepare and publish listings for the two vacant units on the building website and community page, include…
Market properties to attract tenants or buyers
+Prepare and publish listings for the two vacant units on the building website and community page, include current floor plans, three new photos, rent and fee schedule, and a showing availability calendar to attract qualified tenants this month.
The tools that do the workFacebookO*NETWikipedia
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Investigate and settle complaints
+Investigate the noise complaint from apartment 4B, inspect the unit and adjoining hall at 7pm Thursday,…
Investigate and settle complaints
+Investigate the noise complaint from apartment 4B, inspect the unit and adjoining hall at 7pm Thursday, document findings, interview tenant Ana Morales and the reported noisy neighbour, propose a remedy and log the resolution in the association records.
The tools that do the workMicrosoft Outlookjob descriptionsO*NET
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Supervise community association activities and staff
+Run the monthly meeting for the residents committee, review maintenance budgets, assign tasks to the porter…
Supervise community association activities and staff
+Run the monthly meeting for the residents committee, review maintenance budgets, assign tasks to the porter and landscaper, approve the event budget for next month, and send the signed minutes with action items to the board by Friday.
The tools that do the workMicrosoft OfficeO*NETWikipedia
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Inspect building facilities
+Carry out a facilities inspection of the lobby, fire exits, boilers and elevators tomorrow morning, note any…
Inspect building facilities
+Carry out a facilities inspection of the lobby, fire exits, boilers and elevators tomorrow morning, note any safety hazards, photograph defects, schedule urgent repairs with the contractor, and update the building condition report.
The tools that do the workMicrosoft Exceljob descriptionsWikipedia
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Keep rental and owner records
+Update the master register of tenants and owners: confirm contact details, lease start and end dates for all…
Keep rental and owner records
+Update the master register of tenants and owners: confirm contact details, lease start and end dates for all units, record security deposit balances, and produce a current report for the board meeting on Monday.
The tools that do the workMicrosoft Accessjob descriptionsWikipedia
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Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
+Assign weekly schedules and priorities for on‑site staff and the landscaping and security contractors, hold…
Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
+Assign weekly schedules and priorities for on‑site staff and the landscaping and security contractors, hold one‑on‑one performance reviews this Thursday to evaluate timeliness and lease compliance, and update the personnel and performance log after each review.
The tools that do the workMicrosoft OutlookMicrosoft ExcelO*NET
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Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
+Call the insurance underwriter and the fire marshal to confirm current liability and sprinkler inspection…
Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
+Call the insurance underwriter and the fire marshal to confirm current liability and sprinkler inspection certificates, email copies of the certificates and the site safety checklist to the police community liaison, and log their responses into the compliance register by end of day Friday.
The tools that do the workMicrosoft OutlookMicrosoft ExcelO*NET
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Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
+Pull latest sales comparables, tax assessments, zoning maps, and traffic count summaries for the Elm Street…
Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
+Pull latest sales comparables, tax assessments, zoning maps, and traffic count summaries for the Elm Street parcel, model five‑ and ten‑year value scenarios, then recommend acquire, hold, or pass with supporting rationale in a one‑page memo for Monday's investment meeting.
The tools that do the workMicrosoft ExcelGoogle DocsO*NET
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Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
+Prepare the final lease terms and the redlined sales contract for 320 Maple Avenue, propose the concession…
Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
+Prepare the final lease terms and the redlined sales contract for 320 Maple Avenue, propose the concession schedule and tenant improvement allowance, then circulate both to the broker and our general counsel for signature routing by Wednesday afternoon.
The tools that do the workGoogle DocsMicrosoft OutlookO*NET
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Contract with architectural firms to draw up detailed plans for new structures.
+Invite three shortlisted architecture firms to submit fixed‑fee proposals for the community center, attach…
Contract with architectural firms to draw up detailed plans for new structures.
+Invite three shortlisted architecture firms to submit fixed‑fee proposals for the community center, attach the site survey and program brief, set a firm two‑week turnaround, and copy the capital projects director so we can review bids together next Thursday.
The tools that do the workMicrosoft OutlookGoogle DocsO*NET
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Negotiate short- and long-term loans to finance construction and ownership of structures.
+Contact our banking relationship manager to get indicative terms for a 10‑year construction loan, prepare…
Negotiate short- and long-term loans to finance construction and ownership of structures.
+Contact our banking relationship manager to get indicative terms for a 10‑year construction loan, prepare current rent roll, pro forma cash flows and collateral schedule, and request a term sheet by end of business Tuesday to present at Friday's financing decision meeting.
The tools that do the workMicrosoft ExcelMicrosoft OutlookO*NET
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Undertake property research
+Research the two vacant mixed-use buildings on 8th Street, confirm current ownership, recent sale prices…
Undertake property research
+Research the two vacant mixed-use buildings on 8th Street, confirm current ownership, recent sale prices within three years, comparable rents, outstanding code violations, and a realistic valuation range with supporting links and a one-page summary by Thursday noon.
The tools that do the workGoogle DocsMicrosoft ExcelESCO
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Show properties to clients
+Show the two-bedroom on Maple Court and the ground-floor accessible unit on Pine Street to the prospective…
Show properties to clients
+Show the two-bedroom on Maple Court and the ground-floor accessible unit on Pine Street to the prospective tenants on Tuesday at 6pm, bring the latest inspection notes and the rent roll, and collect signed viewing feedback at the door.
The tools that do the workMicrosoft Outlookjob descriptions
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Arrange repairs and new equipment
+Arrange repairs to the lobby ceiling and order a replacement boiler for Building B this week, get three…
Arrange repairs and new equipment
+Arrange repairs to the lobby ceiling and order a replacement boiler for Building B this week, get three quotes from approved contractors, confirm insurance coverage, and book the on-site start date with the vendor for Friday morning.
The tools that do the workMicrosoft ExcelMicrosoft Outlookjob descriptions
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Buy and sell own real estate such as apartments, dwellings, land and non-residential buildings
+List the three vacant units at 45 Elm for sale, prepare comparable sales and a suggested asking price, book…
Buy and sell own real estate such as apartments, dwellings, land and non-residential buildings
+List the three vacant units at 45 Elm for sale, prepare comparable sales and a suggested asking price, book photos for Thursday, and notify the board of the proposed timeline and commission rate this Friday.
The tools that do the workMicrosoft ExcelMicrosoft OutlookESCO
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Invest in these properties to increase its value by repairing, renovating or improving the facilities available
+Propose a phased renovation plan to increase value at 12 Riverwalk: scope each apartment upgrade, estimate…
Invest in these properties to increase its value by repairing, renovating or improving the facilities available
+Propose a phased renovation plan to increase value at 12 Riverwalk: scope each apartment upgrade, estimate costs and ROI, prioritise safety-critical fixes first, and circulate the proposal to the board for approval by next Monday.
The tools that do the workMicrosoft ExcelMicrosoft WordESCO
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Says who?
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Built on public evidence: O*NET®, ESCO, Wikipedia, U.S. Bureau of Labor Statistics, ILOSTAT. All sources & licenses
Built on public evidence: O*NET®, ESCO, Wikipedia, U.S. Bureau of Labor Statistics, ILOSTAT. All sources & licenses