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.
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Building Manager, Condo Manager, Real Estate Manager, Site Administrator
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
2006 NOC-S
2011 NOC
2016 NOC
2021 NOC
2023 OaSIS
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:
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:
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:
To ensure the properties they manage comply with codes and municipal bylaws, property or condominium managers:
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.
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.
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
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
Interest in speaking with contractors providing property services, and in negotiating rental and lease of properties
To identify or change your interest codes, complete the Interests Exercise in CAREERinsite.
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.
To fill in or change the values for your abilities, complete the Abilities Exercise in CAREERinsite.
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.
Property or condominium managers need:
They should enjoy:
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.
This chart shows which job skills are currently in highest demand for this occupational group. It was created using this occupation's 129 most recent Alberta job postings, collected between May 20, 2022 and Oct 02, 2024.
Review these skills to learn:
Tasks: Co-ordinate implementation of repairs, maintenance and renovation | 106 |
---|---|
Tasks: Ensure response to trouble calls from clients or tenants | 101 |
Tasks: Ensure terms of lease agreements are met | 98 |
Tasks: Compile and maintain records on operating expenses and income | 94 |
Tasks: Prepare and administer contracts for property services, such as maintenance | 92 |
Tasks: Negotiate or approve rental or lease of properties on behalf of property owner | 91 |
Attention to detail | 87 |
Construction Specialization: Organized | 86 |
Construction Specialization: Team player | 81 |
Computer and Technology Knowledge: MS Office | 81 |
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:
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:
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 program options, visit Post-Secondary Programs and start your search with:
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.
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 licences allow holders to practice in 1 or more areas. They can help clients sell, buy, lease, or manage residential, commercial, or rural properties.
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 managers handle condominium fees, help enforce bylaws, manage contracts, and supervise employees.
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.
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.
Source: 2021-2025 Alberta Regional Occupational Demand Outlook
Property or condominium managers work for:
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.
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.
Property administrators
2016 NOC: 1224
79.8% of people in this occupational group work in:
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 examples, see Note.
This section shows the short-term demand forecasted for this occupation in Alberta over a 3-year period. It also shows the number of people employed in the occupation.
In Alberta, this occupation is part of 1 or more 2021 National Occupational Classification (NOC) groups.
Source: 2023-2025 Alberta Short-Term Employment Forecast
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 examples, see Note.
To see data for all occupations, visit Occupations in Demand.
This section shows the employment outlook for this occupation in Alberta over a 5-year period.
Employment outlook is influenced by a wide variety of factors including:
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups.
Source: 2021-2025 Alberta Regional Occupational Demand Outlook
Annual growth is from 2021 to 2025. New positions created each year are in addition to job openings created by employment turnover.
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 examples, see Note.
Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.
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.
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.
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.
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
ALL INDUSTRIES | $62,990 |
---|---|
Finance, Insurance, Real Estate, Leasing | $58,891 |
Health Care & Social Assistance | $61,940 |
Public Administration | $85,384 |
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.