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

81% Chance of Automation

“Real Estate Manager” will probably be replaced by robots.

This job is ranked #446 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

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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…

Tasks for “Real Estate Manager”

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

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