Alis – Career, learning and employment information for Albertans

Share

This website uses cookies to give you a better online experience. By using this website or closing this message, you are agreeing to our cookie policy. More information
Alberta
ALIS
Alberta Supports Contact Centre

Toll Free 1-877-644-9992

Guest Account Sign In Sign Up
Add this page to a custom guide
Property or Condominium Manager: Occupations in Alberta - alis
Do you understand what it means for someone to feel connected to their home? Are you tactful and organized? Do you have great communication skills? Do you appreciate the built environment? Then you may want to manage a career as a property or condominium manager.
Create a New Guide
Give your guide a nickname
Only you can see this nickname.
Create Guide or cancel
Please complete the recaptcha and try again.
Choose a guide...

There was an error. Please try again.

This page is already listed in your guide. Please choose a different page to add.

Create New Guide What is an alis guide?
OCC info
Occupations in Alberta

Property or Condominium Manager

Property or condominium managers oversee and coordinate the administration, accounting, maintenance, operation, and improvement of residential, commercial, industrial, and condominium properties.

Contents Expand All
Also Known As

Building Manager, Condo Manager, Real Estate Manager, Site Administrator

NOC Codes

In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.

The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used.

Here is how this occupation has been classified over time.

2006 NOC

  • 1224: Property Administrators

2006 NOC-S

  • B314: Property Administrators

2011 NOC

  • 1224: Property administrators

2016 NOC

  • 1224: Property administrators

2021 NOC

  • 13101: Property administrators

2023 OaSIS

  • 13101.00: Property administrators
Duties
Updated Mar 31, 2022

Property managers work on behalf of owners to manage their rental properties. They communicate regularly with owners and tenants on issues affecting the property. They strive to maintain good owner-tenant relationships. They:

  • Collect rents
  • Serve notices to vacate
  • Maintain inventory of rentable space
  • Market vacancies
  • Review and ensure rents are at market value and make appropriate recommendations to the owner
  • Negotiate, prepare, and administer leases and other legal agreements

Condominium managers carry out duties and responsibilities on behalf of a condominium board. They report to the board on a regular basis and maintain good board-owner relationships. They:

  • Collect condominium contributions and assessments
  • Act in accordance with the Condominium Property Act [pdf] and other applicable codes and bylaws
  • Manage board meetings
  • Take minutes during board meetings to record board decisions and actions
  • Manage the capital reserve fund study, which is required every 5 years

Although property and condominium managers serve different groups, many of their duties are similar. Other duties vary depending on the type of property they manage. In general, they deal with concerns such as:

  • Insurance
  • Maintenance
  • Parking
  • Security
  • Rules, regulations, bylaws
  • Utilities

To ensure the properties they manage comply with codes and municipal bylaws, property or condominium managers:

  • Regularly inspect the property with a focus on risk management
  • Obtain quotes or bids from contractors for repairs, renovations, or maintenance
  • Supervise janitorial and security services, building superintendents, building operators, contractors, and staff
  • Approve invoices
  • Prepare reports on topics such as energy management and upgrading options
  • Propose and discuss possible renovations or improvements with property owners and, in some cases, tenants
  • Review engineering reports and plans
  • Administer and maintain records of damage and security deposits or condominium contributions
  • Initiate and administer insurance claims with insurers based on policy
  • Annually review the property insurance policy and recommend changes as needed
  • Prepare annual management plans for properties
  • Review annual property tax assessments and make appeals as required by the owner or condominium board
  • Prepare annual budgets
  • Review and report on monthly variances from the budget
Working Conditions
Updated Mar 31, 2022
  • Strength Required Lift up to 5 kg

Property or condominium managers work in offices. However, they are often away from the office inspecting properties and monitoring contractors.

Their workdays tend to be unstructured. They must deal with frequent interruptions.

They work normal business hours. However, they must sometimes work long hours and attend evening meetings. Managers may need to deal with emergencies on weekends and holidays.

Interests & Abilities

In Alberta, this occupation is part of 1 or more 2006 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Property Administrators

2006 NOC: 1224

Interest Codes

Interest Codes for This NOC Group
METHODICAL

Interest in compiling and maintaining records on expenses and income; in reviewing rents to ensure they are at market value; and in monitoring progress and cost of repairs, maintenance and renovations

DIRECTIVE

Interest in co-ordinating repairs, maintenance and renovations and in ensuring that staff respond to calls from clients and tenants; may hire and supervise rental agents, property clerks, building superintendents and other support staff performing operational, clerical and maintenance duties

social

Interest in speaking with contractors providing property services, and in negotiating rental and lease of properties

Your Interest Codes

To identify or change your interest codes, complete the Interests Exercise in CAREERinsite.

Reading Interest Codes
A Quick Guide

The interest code helps you figure out if you’d like to work in a particular occupation. 

It’s based on the Canadian Work Preference Inventory (CWPI), which measures 5 occupational interests: Directive, Innovative, Methodical, Objective, and Social.

Each set of 3 interest codes for this NOC group is listed in order of importance.

A code in capital letters means it’s a strong fit for the occupation.

A code in all lowercase letters means the fit is weaker.

Learn About Interests

Abilities

Typical ability expectations for this NOC group
Your abilities

To fill in or change the values for your abilities, complete the Abilities Exercise in CAREERinsite.

Mental Abilities

General Learning Ability

Verbal Ability

Numerical Ability

Visual Abilities

Spatial Perception

Form Perception

Clerical Perception

Physical Abilities

Motor Coordination

Finger Dexterity

Manual Dexterity

Understanding Abilities

A Quick Guide

You are born with abilities that help you process certain types of information and turn it into action. These abilities influence which skills you can learn more easily.

The abilities or aptitudes shown for this NOC group come from the General Aptitude Test Battery (GATB). The GATB measures 9 aptitudes. It groups them into 3 categories: mental, visual, and physical.

The abilities scores range from 1 to 5, with 5 being stronger.

Learn About Abilities

Traits & Skills
Updated Mar 31, 2022

Property or condominium managers need:

  • Diplomacy
  • Patience
  • Flexibility
  • Customer service skills
  • Oral and written communication skills
  • Organization and time-management skills
  • Negotiation skills
  • The ability to work with a wide variety of people, including owners, staff, contractors, tenants, government staff, local police, and bylaw officers

They should enjoy:

  • Taking a methodical approach to their work
  • Coordinating and supervising the work of others
  • Dealing with people

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Top 10 Skills Employers Are Looking For

Property administrators

2016 NOC: 1224

This chart shows which job skills are currently in highest demand for this occupational group. It was created using this occupation's 101 most recent Alberta job postings, collected between May 20, 2022 and Apr 17, 2024.

Review these skills to learn:

  • Whether or not this occupation matches your skill set
  • What training you may need to get these skills
  • What skills to highlight in your resumé, cover letter, and interview.
Tasks: Co-ordinate implementation of repairs, maintenance and renovation
Tasks: Ensure response to trouble calls from clients or tenants
Tasks: Ensure terms of lease agreements are met
Tasks: Compile and maintain records on operating expenses and income
Tasks: Negotiate or approve rental or lease of properties on behalf of property owner
Attention to detail
Construction Specialization: Organized
Computer and Technology Knowledge: MS Office
Tasks: Prepare and administer contracts for property services, such as maintenance
Construction Specialization: Team player
Tasks: Co-ordinate implementation of repairs, maintenance and renovation 85
Tasks: Ensure response to trouble calls from clients or tenants 82
Tasks: Ensure terms of lease agreements are met 81
Tasks: Compile and maintain records on operating expenses and income 76
Tasks: Negotiate or approve rental or lease of properties on behalf of property owner 71
Attention to detail 70
Construction Specialization: Organized 70
Computer and Technology Knowledge: MS Office 69
Tasks: Prepare and administer contracts for property services, such as maintenance 68
Construction Specialization: Team player 68
Educational Requirements
Updated Mar 31, 2022
  • Minimum Education High school diploma

Most employers prefer to hire property or condominium managers who have at least a high school diploma, business experience, and computer skills. It may be an asset to have graduated from a post-secondary program related to:

  • Property management
  • Real estate management
  • Accounting
  • Business administration

Most managers handling commercial properties have related post-secondary education.

Property or condominium managers must complete pre-licensing education approved by the Real Estate Council of Alberta (RECA). For details, see Certification Requirements.

Property or condominium managers also need to understand:

  • Basic accounting principles
  • Building systems and structures
  • Financial statements

Residential property managers must be familiar with Alberta’s Residential Tenancies Act [pdf].

Condominium managers must be familiar with Alberta’s Condominium Property Act [pdf].

To expand or narrow your search for programs related to this occupation, visit Post-Secondary Programs.

Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.

Certification Requirements
Updated Mar 31, 2022
  • Certification Provincially Regulated

Certain professional titles or duties within this occupation are protected by provincial legislation. Requirements vary if you use these titles or perform these duties.

The related legislation is shown below. If there are multiple related legislations, select a certification heading to learn about each one.

Real Estate Broker or Property Manager

Real estate licences allow holders to practice in 1 or more areas. They can help clients sell, buy, lease, or manage residential, commercial, or rural properties.

Legislation

Under Alberta’s Real Estate Act [pdf] and Real Estate Exemption Regulation [pdf], you must hold a real estate licence from the Real Estate Council of Alberta (RECA) to trade in real estate or engage in property management.

For information on what you need and other details, visit the certification profile Real Estate Broker or Property Manager.

Condominium Manager

Condominium managers handle condominium fees, help enforce bylaws, manage contracts, and supervise employees.

Legislation

Under Alberta’s Real Estate Act [pdf] and Real Estate Exemption Regulation [pdf], you must hold a condominium management licence from the Real Estate Council of Alberta (RECA) to provide condominium management service on behalf of a condominium corporation.

For information on what you need and other details, visit the certification profile Condominium Manager.

Additional Information

Property or condominium managers can also pursue professional designation outside of the legislated requirement to be licensed. A professional designation is not always required, but most employers consider it important. Designations include:

To learn about designation requirements, visit the organization’s website.

Holding a current CPM or RPA designation may allow you to be exempted from certain RECA education requirements. For details, visit the RECA website.

Employment & Advancement
Updated Mar 31, 2022

Property or condominium managers work for:

  • Corporations, including condominium corporations
  • Governments
  • Individual owners
  • Investor pools
  • Property management firms that manage shopping malls, warehouses, office towers, condominiums, and other commercial and residential buildings

Some work on a contract basis. They charge property owners or condominium corporations a fee for service. There must be a written service agreement in place before a manager can provide services.

Advancement depends on the manager’s level of skill, education, motivation, attitude, and performance.

The number of housing starts in a community is a good indicator of the employment situation for managers in that area. More buildings generally means a greater demand for managers. To learn about housing starts and other indicators, visit the Canada Mortgage and Housing Corporation (CMHC) website.

Industry Concentration

This section shows the industries where the majority of people in this occupation work. The data is based on the 2016 Census.

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups.

In the 1224: Property administrators occupational group, 79.8% of people work in:

Employment Outlook

Employment outlook is influenced by a wide variety of factors including:

©
iStock.com/filadendron
OCCinfo

Employment Outlook

Employment outlook is influenced by a wide variety of factors. Learn how these factors can affect your career decisions.
  • Time of year (for seasonal jobs)
  • Location in Alberta
  • Employment turnover (when people leave existing positions)
  • Occupational growth (when new positions are created)
  • Size of the occupation
  • Trends and events that affect overall employment, especially in the industry or industries from the previous list

In Alberta, the 1224: Property administrators occupational group is expected to have a below-average annual growth of 1.2% from 2019 to 2023. In addition to job openings created by employment turnover, 39 new positions are forecasted to be created within this occupational group each year.

Note
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For example, only some of the new positions to be created will be for this occupation. It also applies to other data for the NOC group such as number of people employed.

Source: 2019-2023 Alberta Regional Occupational Demand Outlook

Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.

Related Alberta Job Postings
Wage & Salary
Updated Mar 31, 2022

Earnings for property or condominium managers vary greatly. It may depend on the employer, the responsibilities involved, and the education and background of the manager.

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Property administrators

2016 NOC: 1224
Average Wage
$31.66
Per Hour
Average Salary
$62,990.00
Per Year
Average Hours
38.2
Per Week
Average Months on Payroll
12
Survey Methodology Survey Analysis

Source
 2021 Alberta Wage and Salary Survey

NOC 1224 Wage Profile

Unless otherwise noted, the data shown here is for all industries and all regions in Alberta.

All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production), and other forms of compensation.

To see the full survey data for this NOC group, visit the wage profile.

Other wage sources
To make an informed wage and salary decision, research other wage sources [pdf] to supplement this data.

A: High Reliability
Data Reliability Code Definition

High Reliability, represents a CV of less than or equal to 6.00% and 30 survey observations and/or represents 50% or more of all estimated employment for the occupation.

Hourly Wage

For full-time and part-time employees
  • Low
  • High
  • Average
  • Median
Starting
Overall
Top

Hourly Wage

For full-time and part-time employees
Wages* Low (5th percentile) High (95th percentile) Average Median
Starting $17.00 $42.06 $28.07 $26.44
Overall $18.50 $49.23 $31.66 $28.72
Top $22.00 $55.29 $36.79 $37.19

Swipe left and right to view all data. Scroll left and right to view all data.

* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.

Pay brackets for hourly wages

  • Starting pay: average pay offered for entry-level positions
  • Overall pay: average pay across all employees in this occupation
  • Top pay: average pay offered to top-paid employees

Industry Information

ALL INDUSTRIES
Finance, Insurance, Real Estate, Leasing
Health Care & Social Assistance
Public Administration
ALL INDUSTRIES $62,990
Finance, Insurance, Real Estate, Leasing $58,891
Health Care & Social Assistance $61,940
Public Administration $85,384

Skills Shortage

Employers that Recruited in the Last 2 Years
46%
46%)
Recruiting Employers that Experienced Hiring Difficulties
15%
15%
Employers with Unfilled Vacancies of over 4 Months
8%
8%
Vacancy Rate
4%
Related High School Subjects
  • Business, Administration, Finance and IT
    • Financial Management
    • Information Processing
    • Management and Marketing
Related Post-Secondary Field of Study
  • Business, Management and Administrative Studies
Other Sources of Information
Updated Mar 31, 2022

Alberta Real Estate Association (AREA) website: www.albertarealtor.ca

BOMI Education Canada website: www.bomicanada.ca

Building Owners and Managers Association (BOMA) Canada website: bomacanada.ca

Canadian Condominium Institute (CCI) website: www.cci.ca

Institute of Real Estate Management (IREM) website: www.irem.org

Real Estate Council of Alberta (RECA) website: www.reca.ca

Real Estate Institute of Canada (REIC) website: reic.ca

Get information and referrals about career, education, and employment options from Alberta Supports.

Updated Mar 31, 2022. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.

Expand All
Was this page useful?
☆ ☆ ☆ ☆ ☆