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Property, Real Estate, or Community Association Manager Salary

An average Community Association Manager in the United States can expect to take home roughly $46K annually. Bonuses, profit sharing, and commission all factor into final incomes for Property, Real Estate, or Community Association Managers. Ranging between $30K near the bottom and $71K near the top, total earnings can include up to $10K from bonuses and up to $9K from profit sharing, with a high-performing minority reaping commissions of $14K. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Men are in the minority of survey respondents, with female Property, Real Estate, or Community Association Managers making up 74 percent. Not all workers are lucky enough to have benefits; in fact, just under one in three are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by more than half. Work is enjoyable for Property, Real Estate, or Community Association Managers, who typically claim high levels of job satisfaction.

$30,877 - $70,027
(Median)
$31K
$46K
$70K
MEDIAN: $46,104
10%
50%
90%

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$11.80 - $24.08
(Median)
$12
$16
$24
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$30,877 - $70,027  
   
Bonus
$0.00 - $9,804  
Profit Sharing
$0.00 - $8,500  
Commission
$1.07 - $13,906  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,127 - $71,212  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 975
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$11.80 - $24.08  
   
Overtime
$1.47 - $35.15  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $9,804  
   
Commission
$1.07 - $13,906  
Profit Sharing
$0.00 - $8,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,127 - $71,212  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 194
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Job Description for Property, Real Estate, or Community Association Manager

A property, real estate, or community association manager is an individual hired by a community association or a client (such as an individual property owner, a real estate brokerage, bank, or large corporation); a community association usually describes a condominium community, planned neighborhood, or similar community.

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Property, Real Estate, or Community Association Manager Tasks

  • Coordinate vendors, maintenance projects, repairs, and upgrades.
  • Show the property to prospective tenants and explain terms of agreements.
  • Oversee daily operations and their documentation, including leasing, accounting, maintenance, and resident concerns.
  • Explain and enforce policies and regulations to visitors, tenants, and the community.

Common Career Paths for Property, Real Estate, or Community Association Manager


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Property, Real Estate, or Community Association Managers who transition into a Regional Director of Property Management role may receive large pay increases as the latter position pays an average $75K per year. The most common career progression for Property, Real Estate, or Community Association Managers leads to becoming an Apartment Manager, where pay is typically $31K. However, many Property, Real Estate, or Community Association Managers also opt to become Commercial Property Managers, a position that pays $56K on average.

Property, Real Estate, or Community Association Manager Job Listings

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Popular Skills for Property, Real Estate, or Community Association Manager


Property, Real Estate, or Community Association Managers seem to wield many skills on the job. Most notably, skills in Financial Analysis, Budget Management, Operations Management, and Project Management are correlated to pay that is above average, with boosts between 6 percent and 16 percent. At the other end of the pay range are skills like Sales and Customer Relations. It is often found that people who know Property Management are also skilled in Customer Service and Customer Relations. Most people experienced in Budget Management also know Customer Relations and Customer Service.

Pay by Experience Level for Property, Real Estate, or Community Association Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and pay tend to be weakly linked for Property, Real Estate, or Community Association Managers — those with more experience do not necessarily bring in higher earnings. Relatively untried employees who have less than five years' experience make $41K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $48K. Property, Real Estate, or Community Association Managers with one to two decades of relevant experience report an average salary of approximately $50K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $55K.

Property, Real Estate, or Community Association Manager Reviews

What is it like working as a Property, Real Estate, or Community Association Manager?

Property, Real Estate, or Community Association Manager in Charleston:
"New Career 2015."
Pros: I like the fact that I work on my own in a virtual office. I do not have to report to a corporate setting anymore.
Cons: The job itself is up in the air. I do not have security with this job, nor do I have any benefits. (ie. Health, etc.)

Property, Real Estate, or Community Association Manager in Milwaukee:
"Comfortable work load, variety of work, challenging."
Pros: Management for the building, fun team to work with, variety of job responsibilities.
Cons: Low paying, student majority in current company, small company with little room for climbing ladder.

Property, Real Estate, or Community Association Manager in Hendersonville:
"Live-On-Site Apartment Community Manager."
Pros: Personal contact with all Residents, prospective Residents and Contractors. Managing all aspects of scope of work: community relations, maintenance needs, contractor vetting and supervising, supervising all projects on site. Stress level manageable, great flexibility in schedule, great company and owners to work for, short commute, small rent concession.
Cons: Non-emergency night calls from residents. People behaving badly on the property. Stress concerning personal finances.

Related Job Salaries

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Experience Affects Property, Real Estate, or Community Association Manager Salaries




National Average
$46,000


Skills That Affect Property, Real Estate, or Community Association Manager Salaries




Project Management
up arrow 4%

Accounting
up arrow 2%

Customer Service
up arrow 1%

Customer Relationship Management (CRM)
up arrow 1%

Property Management
0%

Maintenance
0%

National Average
$46,000

Microsoft Office
up arrow 1%

Sales Management
up arrow 1%

Account Management
up arrow 2%

Real Estate
up arrow 3%


up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 220 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
27%
10-19 years
31%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 69% dental benefits Dental: 57%
vision benefits Vision: 41% employee benefits None: 29%
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