Will “Real Estate Investor” be Replaced By Robots? 🤔

Job 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).

Job Details

• The SOC (Standard Occupational Classification) code is 11-9141.00
• The Mean Annual Wage in the U.S. is $ 70,290.00
• The Mean Hourly Wage is $ 33.00
• Currently, there are 180,290 people on this job

☝️ Information based on the reference occupation “Property, Real Estate, and Community Association Managers”.

Also Known As…

• Property, Real Estate, and Community Association Managers
• Resident Manager
• Property Manager
• On Site Property Manager
• Leasing Manager
• Lease Administration Supervisor
• Consulting Property Manager
• Condominium Association Property Manager
• Community Manager
• Commercial Property Services Coordinator
• Apartment Manager
• Trustee
• Trailer Park Manager
• Territory Manager
• Supervisor
• Superintendent, Renting, Managing
• Superintendent
• Right-of-Way Supervisor
• Right of Way Supervisor
• Rental Manager
• Rental Coordinator
• Rent Control Office Manager
• Real Estate Office Manager
• Real Estate Manager
• Real Estate Firm Manager
• Real Estate Developer
• Real Estate Agent
• Real Estate Administrator
• Public Housing Manager
• Public Events Facilities Rental Manager
• Property Developer
• Property Administrator
• On-Site Manager
• Oil Lease Operator
• Oil Lease Buyer
• Oil Agent
• Occupancy Specialist
• Mobile Home Park Manager
• Market Superintendent
• Market Master
• Market Manager
• Mall Manager
• Location Worker
• Location Man
• Leasing Property Manager
• Leaser
• Lease Operator
• Lease Buyer
• Landman
• Landlord
• Landlady
• Land Leases and Rentals Manager
• Land Development Manager
• Land Developer
• Land Commissioner
• Land Agent
• Land Acquisition Specialist
• Land Acquisition Manager
• Housing Relocation
• Housing Project Manager
• Housing Manager
• Housing Director
• Homeowner Association Manager
• Freeholder
• Facility Coordinator
• Facilities Manager
• Facilities Coordinator
• District Manager
• Director of Housing
• Developer
• Cooperative Manager
• Contracts Specialist
• Condominium Manager
• Condominium Association Manager
• Community Association Manager
• Commercial Property Manager
• Cemetery Manager
• Building Superintendent, Managing, Supervising, Renting
• Building Superintendent
• Building Rental Superintendent
• Building Rental Manager
• Building Custodian, Managing, Supervising, Renting
• Assistant Property Manager
• Assistant Manager
• Apartment House Manager
• Apartment Hotel Manager

Tasks for “Real Estate Investor”

• Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
• Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
• Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
• Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
• Analyze information on property values, taxes, zoning, population growth, and traffic volume and patterns to determine if properties should be acquired.
• Prepare detailed budgets and financial reports for properties.
• Confer regularly with community association members to ensure their needs are being met.
• Contract with architectural firms to draw up detailed plans for new structures.
• Determine and certify the eligibility of prospective tenants, following government regulations.
• Review rents to ensure that they are in line with rental markets.
• Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
• Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
• Act as liaisons between on-site managers or tenants and owners.
• Purchase building and maintenance supplies, equipment, or furniture.
• Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
• Negotiate the sale, lease, or development of property and complete or review appropriate documents and forms.
• Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
• Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
• Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
• Investigate complaints, disturbances and violations and resolve problems following management rules and regulations.
• Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
• Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
• Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
• Prepare and administer contracts for provision of property services such as cleaning, maintenance, and security services.
• Negotiate with government leaders, businesses, special interest representatives, and utility companies to gain support for new projects and to eliminate potential obstacles.
• Negotiate short- and long-term loans to finance construction and ownership of structures.
• Clean common areas, change light bulbs, and make minor property repairs.

Related Technology & Tools

• Handheld calculators
• Laser facsimile machines
• Scanners
• Multi-line telephone systems
• 10-key calculators
• Two way radios
• Video surveillance cameras
• Lenel Onguard
• Computer laser printers
• Golf carts
• Desktop computers
• Photocopiers
• Step ladders
• Digital cameras
• Laptop computers
• Personal computers
• Smartphones

• Yardi Systems Yardi Enterprise
• YouTube
• Yardi
• Spreadsheet software
• London Computer Systems Rent Manager
• Intuit MRI Residential
• Microsoft Access
• Property Solutions International ResidentPortal
• Jenark Business Systems
• Property Boulevard
• RealPage OneSite
• Hypertext markup language HTML
• Calendar and scheduling software
• PropertyThree
• SS&C Technologies Skyline Property Management
• Intuit QuickBooks
• PT Software Solutions PT Rental Assistant
• Microsoft Word
• Qualitica RentBoss
• Google Analytics
• TrackPro Services TrackPro Manager
• Microsoft PowerPoint
• RealEasyBooks ezREB
• SpiritWorks Software Development Rental Property Tracker Plus
• Sage 50 Accounting
• LandlordMax
• Intuit Quicken Rental Property Manager
• Bostonpost Technology Property Manager
• FullHouse Software Investment Property Manager
• Web browser software
• Microsoft Excel
• TCG Technologies i-CAM
• Domin-8 Enterprise Solutions Tenant Pro
• Just So Software The Property Manager
• Card key management software
• Yardi Systems Yardi Voyager Commercial
• Microsoft Outlook
• Advantos Systems DataTrust Enterprise
• Yardi Systems Yardi Voyager Condo, Co-op, and HOA
• Microsoft Publisher
• W G Software Tenant File
• Yardi Systems Yardi Voyager Residential
• iRealty Manager
• Biometric reader software
• Propertyware
• Landport Systems Landport
• IDEAS Software & Training IDEAS Property Clerk
• O'Brien Grasso RE Software Property Master
• Infor Global Solutions eSITE
• Microsoft Office
• Facebook
• PropertyView Solutions Remanage
• Domin-8 Enterprise Solutions RentRight
• Turtle Creek Software Goldenseal